Aberdeen Group plc Has $16.52 Million Holdings in Dollar General Corporation $DG

Aberdeen Group plc lessened its stake in Dollar General Corporation (NYSE:DG) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,415 shares of the company’s stock after selling 10,526 shares during the quarter. Aberdeen Group plc owned 0.06% of Dollar General worth $16,519,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Tevis Investment Management grew its stake in shares of Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after acquiring an additional 77 shares in the last quarter. Frank Rimerman Advisors LLC grew its stake in shares of Dollar General by 1.7% in the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock valued at $614,000 after buying an additional 77 shares in the last quarter. Cardinal Point Capital Management ULC grew its stake in shares of Dollar General by 5.0% in the third quarter. Cardinal Point Capital Management ULC now owns 2,120 shares of the company’s stock valued at $219,000 after buying an additional 100 shares in the last quarter. Brooks Moore & Associates Inc. grew its stake in shares of Dollar General by 1.3% in the third quarter. Brooks Moore & Associates Inc. now owns 7,590 shares of the company’s stock valued at $784,000 after buying an additional 100 shares in the last quarter. Finally, Meridian Wealth Management LLC lifted its holdings in Dollar General by 5.5% during the 3rd quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock valued at $202,000 after purchasing an additional 102 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DG. Wolfe Research reaffirmed an “outperform” rating and set a $165.00 price target on shares of Dollar General in a report on Thursday, March 12th. Gordon Haskett boosted their price target on Dollar General from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Piper Sandler boosted their price target on Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, March 13th. Loop Capital boosted their price target on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. boosted their price target on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $145.19.

Dollar General Stock Performance

NYSE:DG opened at $124.89 on Tuesday. The stock has a market cap of $27.50 billion, a P/E ratio of 18.23, a price-to-earnings-growth ratio of 1.94 and a beta of 0.34. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The stock’s 50-day moving average is $139.84 and its 200-day moving average is $125.48. Dollar General Corporation has a 1-year low of $84.70 and a 1-year high of $158.23.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s dividend payout ratio is presently 34.45%.

Dollar General Company 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.