Russell Investments Group Ltd. Has $212.42 Million Stake in Dollar General Corporation $DG

Russell Investments Group Ltd. reduced its position in shares of Dollar General Corporation (NYSE:DG) by 0.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,598,342 shares of the company’s stock after selling 9,635 shares during the quarter. Russell Investments Group Ltd.’s holdings in Dollar General were worth $212,416,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DG. Vanguard Group Inc. lifted its stake in Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after acquiring an additional 412,542 shares in the last quarter. State Street Corp raised its holdings in shares of Dollar General by 0.5% in the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after purchasing an additional 53,624 shares during the last quarter. Morgan Stanley raised its holdings in shares of Dollar General by 35.0% in the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after purchasing an additional 1,624,748 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Finally, Baillie Gifford & Co. lifted its position in shares of Dollar General by 2.1% in the fourth quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock worth $440,286,000 after purchasing an additional 68,723 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Down 2.1%

DG stock opened at $114.00 on Wednesday. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The stock has a market capitalization of $25.15 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.77 and a beta of 0.26. The business’s fifty day moving average price is $112.99 and its two-hundred day moving average price is $129.20.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the company posted $1.78 earnings per share. Dollar General’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio is presently 33.38%.

Analysts Set New Price Targets

A number of research firms recently weighed in on DG. Loop Capital raised their target price on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Oppenheimer cut their price target on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, May 29th. Daiwa Securities Group decreased their price objective on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and lowered their target price for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Finally, Barclays dropped their target price on Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and an average target price of $131.27.

Dollar General Profile

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.