Korea Investment CORP Grows Stock Holdings in Dollar General Corporation $DG

Korea Investment CORP grew its stake in Dollar General Corporation (NYSE:DGFree Report) by 96.1% during the third quarter, Holdings Channel.com reports. The fund owned 304,483 shares of the company’s stock after purchasing an additional 149,208 shares during the quarter. Korea Investment CORP’s holdings in Dollar General were worth $31,468,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its stake in shares of Dollar General by 116.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock valued at $310,538,000 after acquiring an additional 1,458,093 shares in the last quarter. Norges Bank bought a new position in Dollar General in the second quarter worth approximately $154,371,000. Massachusetts Financial Services Co. MA grew its stake in Dollar General by 15,369.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company’s stock worth $139,450,000 after purchasing an additional 1,211,298 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in Dollar General by 10,936.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company’s stock worth $137,736,000 after purchasing an additional 1,193,282 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in Dollar General by 845.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,178,232 shares of the company’s stock valued at $134,766,000 after purchasing an additional 1,053,555 shares in the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

  • Positive Sentiment: Wolfe Research raised its price target to $165 (from $159), signaling confidence in Dollar General’s outlook and providing upside versus many other targets. Wolfe adjusts price target on Dollar General to $165 from $159
  • Positive Sentiment: Zacks profiles DG as a long-term value stock, reinforcing a positive narrative for investors focused on durable, value-oriented retail exposure. Why Dollar General (DG) is a Top Value Stock for the Long-Term
  • Positive Sentiment: Jim Cramer expressed bullish views on DG, noting it benefits when consumers tighten budgets — though he flagged a sharp oil spike to $120 as a risk. Jim Cramer bullish on Dollar General unless “oil makes a quick run to $120”
  • Positive Sentiment: Market commentary on ETFs and a “K-shaped” consumer recovery highlights DG as a beneficiary if budget-conscious shopping continues, supporting sector-level investor demand. (MarketBeat coverage)
  • Neutral Sentiment: Zacks published a “countdown” preview for DG’s upcoming Q4 earnings with analysts’ key metric forecasts — an event that could swing shares depending on comps, margins and inventory commentary. Countdown to Dollar General (DG) Q4 Earnings
  • Neutral Sentiment: Geopolitical escalation and a sharp rise in crude pushed gasoline expectations higher; coverage naming retailers “at risk” raises uncertainty — oil-driven headwinds could reduce consumer discretionary spending or alternatively push shoppers toward discount chains. Walmart and three retailers most at risk from rising gasoline prices
  • Negative Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating and set a $130 price target on DG — a notable discount to the current share price and a downward signal for investor expectations. Benzinga
  • Negative Sentiment: AmericanBankingNews shows some analysts placing targets near $132, which, while raised from prior levels for that outlet, remains below the market and contributes to mixed sentiment. Dollar General (NYSE:DG) Price Target Raised to $132.00

Analyst Ratings Changes

DG has been the subject of several research reports. Truist Financial set a $144.00 target price on Dollar General in a report on Friday, January 16th. Evercore decreased their price objective on Dollar General from $145.00 to $144.00 in a report on Tuesday, March 3rd. Rothschild & Co Redburn raised shares of Dollar General to a “strong sell” rating in a research note on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 29th. Finally, Citigroup raised their target price on shares of Dollar General from $112.00 to $138.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $146.15.

Get Our Latest Analysis on DG

Dollar General Trading Down 0.7%

DG opened at $145.24 on Tuesday. The firm has a market cap of $31.97 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 2.41 and a beta of 0.23. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. Dollar General Corporation has a 12 month low of $74.67 and a 12 month high of $158.23. The stock has a fifty day moving average price of $147.30 and a 200-day moving average price of $123.01.

Insider Buying and Selling

In related news, CAO Anita C. Elliott sold 2,516 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the transaction, the chief accounting officer owned 29,344 shares in the company, valued at $3,888,666.88. The trade was a 7.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rhonda Taylor sold 7,500 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the sale, the executive vice president directly owned 73,492 shares of the company’s stock, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 58,673 shares of company stock valued at $7,713,389 over the last three months. Corporate insiders own 0.56% of the company’s stock.

About Dollar General

(Free Report)

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.

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Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DGFree Report).

Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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