Dollar General Corporation $DG Stock Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its position in shares of Dollar General Corporation (NYSE:DG) by 94.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,656,152 shares of the company’s stock after buying an additional 1,290,747 shares during the period. Russell Investments Group Ltd. owned approximately 1.20% of Dollar General worth $317,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Banyan Capital Management Inc. purchased a new position in shares of Dollar General during the 3rd quarter worth $14,513,000. New Mexico Educational Retirement Board increased its position in shares of Dollar General by 237.3% during the 3rd quarter. New Mexico Educational Retirement Board now owns 36,935 shares of the company’s stock worth $4,417,000 after purchasing an additional 25,985 shares during the last quarter. Maryland State Retirement & Pension System increased its position in shares of Dollar General by 299.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 45,961 shares of the company’s stock worth $5,496,000 after purchasing an additional 34,460 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Dollar General by 239.0% in the 3rd quarter. Ritholtz Wealth Management now owns 14,275 shares of the company’s stock valued at $1,707,000 after buying an additional 10,064 shares during the period. Finally, First Command Advisory Services Inc. raised its holdings in Dollar General by 337.4% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,299 shares of the company’s stock valued at $152,000 after buying an additional 1,002 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG stock opened at $134.68 on Friday. The firm has a 50 day moving average of $128.23 and a two-hundred day moving average of $125.56. The stock has a market capitalization of $29.71 billion, a PE ratio of 17.51, a P/E/G ratio of 1.83 and a beta of 0.19. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a 52 week low of $99.50 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. The business had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The company’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, research analysts predict that Dollar General Corporation will post 7.70 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s dividend payout ratio is 30.69%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays lifted their price target on shares of Dollar General from $148.00 to $151.00 and gave the company an “overweight” rating in a research report on Tuesday, September 8th. The Goldman Sachs Group upped their price objective on shares of Dollar General from $128.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Telsey Advisory Group increased their price objective on shares of Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Citigroup lifted their target price on shares of Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $137.96.

Dollar General Company Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.