Andra AP fonden lifted its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 124.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 172,133 shares of the company’s stock after buying an additional 95,400 shares during the period. Andra AP fonden’s holdings in Dollar General were worth $19,814,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of DG. Geode Capital Management LLC boosted its holdings in shares of Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Dollar General by 6.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock worth $340,546,000 after purchasing an additional 167,546 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Dollar General by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after purchasing an additional 75,323 shares during the last quarter. Royal Bank of Canada grew its holdings in Dollar General by 0.8% during the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock worth $323,362,000 after purchasing an additional 20,366 shares during the period. Finally, SG Americas Securities LLC increased its position in Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after buying an additional 1,487,554 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.
Dollar General Price Performance
Shares of DG traded up $2.75 during trading hours on Tuesday, reaching $124.66. The stock had a trading volume of 543,995 shares, compared to its average volume of 3,085,597. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The stock has a market capitalization of $27.50 billion, a PE ratio of 16.23, a PEG ratio of 1.67 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. The company’s 50-day moving average is $124.62 and its two-hundred day moving average is $120.19.
Dollar General Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders 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 dividend payout ratio is 30.69%.
Key Stories Impacting Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: Value positioning supports investor interest. Zacks highlighted Dollar General among discount retailers with potential near-term upside, citing value-focused strategies, improving estimates and store initiatives. A separate comparison with Ross Stores also keeps attention on DG’s valuation opportunity. Zacks discount retailer article Zacks DG versus ROST article
- Positive Sentiment: Value-conscious consumers remain a growth opportunity. Management says shoppers earning about $100,000 increasingly feel financially squeezed by high fuel costs and inflation. Dollar General’s large selection of low-priced products—including roughly 2,000 items priced at or below $1—could support traffic and market-share gains across a broader income range. Yahoo Finance CEO consumer trends article
- Positive Sentiment: Holiday merchandising could add incremental sales. The exclusive Simply for You by Hallmark holiday collection includes more than 30 affordable décor, entertaining and gift products across approximately 19,500 stores. The initiative may strengthen DG’s seasonal appeal while reinforcing its low-price brand positioning. Dollar General Hallmark holiday article
- Neutral Sentiment: Leadership changes announced. Dollar General disclosed leadership updates, but the available report does not specify the roles or strategic implications, making the near-term stock impact unclear. Dollar General leadership updates
- Negative Sentiment: Executive share sale may create a modest sentiment overhang. EVP Reardon sold 5,578 shares for approximately $733,000, representing 8% of the executive’s direct holdings. The transaction does not necessarily indicate a change in company fundamentals but can weigh on investor sentiment. Dollar General executive share sale
Analysts Set New Price Targets
Several equities research analysts have issued reports on DG shares. Telsey Advisory Group raised their price target on Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, August 28th. Oppenheimer restated an “outperform” rating and set a $150.00 price objective on shares of Dollar General in a report on Tuesday, August 25th. UBS Group reissued a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Barclays boosted their target price 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. Finally, The Goldman Sachs Group raised their price target on shares of Dollar General from $128.00 to $141.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $135.46.
Dollar General 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.
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