Dollar General Corporation $DG Position Cut by OLD National Bancorp IN

OLD National Bancorp IN decreased its position in shares of Dollar General Corporation (NYSE:DG) by 13.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 93,351 shares of the company’s stock after selling 14,311 shares during the quarter. OLD National Bancorp IN’s holdings in Dollar General were worth $12,394,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DG. Root Financial Partners LLC bought a new position in Dollar General in the 3rd quarter worth about $26,000. Peoples Financial Services CORP. bought a new position in Dollar General in the 3rd quarter worth approximately $35,000. Eastern Bank bought a new position in Dollar General in the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC acquired a new stake in Dollar General in the 4th quarter valued at approximately $36,000. Finally, Byrne Asset Management LLC increased its position in Dollar General by 952.6% in the 3rd quarter. Byrne Asset Management LLC now owns 400 shares of the company’s stock valued at $41,000 after acquiring an additional 362 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Down 0.0%

NYSE DG opened at $123.16 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The company’s 50 day simple moving average is $134.11 and its 200 day simple moving average is $126.97. Dollar General Corporation has a 12 month low of $86.25 and a 12 month high of $158.23. The company has a market capitalization of $27.12 billion, a P/E ratio of 18.03, a PEG ratio of 2.01 and a beta of 0.34.

Dollar General (NYSE:DG) last issued its 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. The firm had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts expect that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

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

Wall Street Analysts Forecast Growth

DG has been the subject of several research analyst reports. Barclays reaffirmed an “overweight” rating on shares of Dollar General in a report on Thursday, March 12th. Jefferies Financial Group reissued a “buy” rating and set a $170.00 target price on shares of Dollar General in a research note on Thursday, March 12th. BNP Paribas Exane restated a “neutral” rating and set a $127.00 price target on shares of Dollar General in a research report on Thursday, March 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. Finally, Guggenheim lowered their price objective on shares of Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus price target of $146.54.

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.