AEGON ASSET MANAGEMENT UK Plc Decreases Stock Position in Dollar General Corporation $DG

AEGON ASSET MANAGEMENT UK Plc cut its holdings in Dollar General Corporation (NYSE:DG) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,707 shares of the company’s stock after selling 5,629 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned about 0.08% of Dollar General worth $24,120,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC raised its stake in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP raised its stake in Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Dollar General in the 2nd quarter valued at about $211,000. Finally, Jump Financial LLC acquired a new position in Dollar General in the 2nd quarter valued at about $209,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on DG. Evercore cut their target price on shares of Dollar General from $145.00 to $144.00 in a research note on Tuesday, March 3rd. Rothschild & Co Redburn raised shares of Dollar General to a “strong sell” rating in a research note on Wednesday, February 25th. Morgan Stanley dropped their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. Guggenheim dropped their price objective on shares of Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Finally, Piper Sandler upped their price objective on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, March 13th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $146.54.

Dollar General Stock Down 1.2%

DG opened at $120.63 on Friday. The company has a market cap of $26.57 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 1.97 and a beta of 0.34. Dollar General Corporation has a 1 year low of $86.25 and a 1 year high of $158.23. The firm has a 50 day moving average price of $132.92 and a 200 day moving average price of $127.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13.

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 analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same quarter in the prior year, the business earned $0.87 EPS. Dollar General’s quarterly revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts expect that Dollar General Corporation will post 7.29 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio is currently 34.45%.

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.