National Pension Service Has $76.73 Million Stake in Dollar General Corporation $DG

National Pension Service lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 13.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 666,612 shares of the company’s stock after acquiring an additional 77,116 shares during the quarter. National Pension Service owned approximately 0.30% of Dollar General worth $76,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of DG. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General in the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd boosted its stake in Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC bought a new stake in Dollar General during the first quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares in the last quarter. Finally, Reflection Asset Management bought a new stake in Dollar General in the 4th quarter worth about $28,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Up 1.5%

Shares of NYSE:DG opened at $124.83 on Friday. The stock’s 50-day moving average is $123.79 and its 200 day moving average is $121.67. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market cap of $27.54 billion, a PE ratio of 16.23, a P/E/G ratio of 1.68 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the business posted $1.86 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.68 EPS for the current year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. Dollar General’s payout ratio is currently 30.69%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DG. Deutsche Bank Aktiengesellschaft upped their price objective on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. UBS Group reiterated a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Raymond James Financial restated an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a research report on Friday, August 28th. Daiwa Securities Group reduced their target price on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Weiss Ratings upgraded shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $135.46.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.