Dollar General (NYSE:DG) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Dollar General (NYSE:DG) from a buy rating to a hold rating in a research note published on Saturday morning.

DG has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft raised shares of Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price target for the company in a report on Thursday, January 8th. Argus lifted their price objective on shares of Dollar General from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. The Goldman Sachs Group upgraded shares of Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Sanford C. Bernstein cut their target price on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a research note on Wednesday, March 25th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $140.00 target price on shares of Dollar General in a report on Tuesday, March 24th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $145.19.

Dollar General Stock Performance

Shares of NYSE DG opened at $119.80 on Friday. Dollar General has a 1 year low of $84.70 and a 1 year high of $158.23. The firm has a market cap of $26.38 billion, a P/E ratio of 17.49, a PEG ratio of 1.94 and a beta of 0.34. The stock has a fifty day moving average price of $140.35 and a two-hundred day moving average price of $125.21. 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 posted its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.During the same quarter in the previous year, the business earned $0.87 EPS. The company’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. Research analysts forecast that Dollar General will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is presently 34.45%.

Institutional Investors Weigh In On Dollar General

A number of large investors have recently made changes to their positions in DG. Life Cycle Investment Partners Ltd purchased a new position in Dollar General during the 4th quarter worth approximately $363,299,000. AQR Capital Management LLC grew its holdings in shares of Dollar General by 416.4% during the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after buying an additional 2,036,573 shares in the last quarter. Bessemer Group Inc. raised its position in Dollar General by 24,882.5% during the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after buying an additional 1,687,533 shares during the period. Morgan Stanley raised its position in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after buying an additional 1,624,748 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Dollar General by 426.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,699,871 shares of the company’s stock worth $225,692,000 after acquiring an additional 1,377,226 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

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.