Pzena Investment Management LLC Sells 3,779,282 Shares of Dollar General Corporation $DG

Posted by Brian Himes on Jul 2nd, 2026

Pzena Investment Management LLC reduced its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 35.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,897,541 shares of the company’s stock after selling 3,779,282 shares during the quarter. Dollar General comprises 2.7% of Pzena Investment Management LLC’s investment portfolio, making the stock its 13th biggest position. Pzena Investment Management LLC’s holdings in Dollar General were worth $818,945,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DG. Calamos Advisors LLC lifted its holdings in Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Park Capital Management LLC WI purchased a new position in Dollar General during the 4th quarter valued at about $1,245,000. Geode Capital Management LLC increased its position in shares of Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the period. Norges Bank purchased a new stake in shares of Dollar General in the fourth quarter worth about $133,431,000. Finally, Dana Investment Advisors Inc. lifted its holdings in shares of Dollar General by 36.0% in the fourth quarter. Dana Investment Advisors Inc. now owns 39,170 shares of the company’s stock worth $5,201,000 after buying an additional 10,370 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Performance

Shares of NYSE DG opened at $115.14 on Thursday. The stock has a market cap of $25.40 billion, a price-to-earnings ratio of 16.29, a P/E/G ratio of 1.75 and a beta of 0.25. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The stock’s 50-day moving average is $111.48 and its 200 day moving average is $128.87.

Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the previous year, the firm posted $1.78 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, sell-side analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders 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 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio is presently 33.38%.

Analysts Set New Price Targets

A number of analysts recently weighed in on DG shares. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar General in a report on Wednesday, June 3rd. Morgan Stanley decreased their price target on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Wall Street Zen downgraded Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. Finally, Telsey Advisory Group lowered their price target on Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $131.27.

Check Out Our Latest Analysis on DG

About Dollar General

(Free Report)

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.