Dollar General Corporation $DG Holdings Decreased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in Dollar General Corporation (NYSE:DG) by 1.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 303,591 shares of the company’s stock after selling 5,200 shares during the period. Allspring Global Investments Holdings LLC owned about 0.14% of Dollar General worth $35,572,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in DG. Caitong International Asset Management Co. Ltd lifted its stake in Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares in the last quarter. Evergreen Advisors LLC acquired a new position in Dollar General during the 1st quarter valued at about $25,000. Finally, Reflection Asset Management acquired a new position in Dollar General during the 4th quarter valued at about $28,000. 91.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DG has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Barclays cut their target price on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Jefferies Financial Group decreased their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Finally, Citigroup lowered their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Dollar General stock opened at $125.92 on Monday. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The firm’s 50 day simple moving average is $111.86 and its 200-day simple moving average is $127.51. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The company has a market cap of $27.78 billion, a P/E ratio of 17.81, a price-to-earnings-growth ratio of 1.91 and a beta of 0.25.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the business posted $1.78 EPS. The company’s revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. Dollar General’s payout ratio is presently 33.38%.

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.