Dollar General Corporation $DG Stock Holdings Decreased by Mattern Capital Management LLC

Mattern Capital Management LLC decreased its stake in shares of Dollar General Corporation (NYSE:DG) by 56.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,716 shares of the company’s stock after selling 7,490 shares during the period. Mattern Capital Management LLC’s holdings in Dollar General were worth $679,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Life Cycle Investment Partners Ltd acquired a new stake in Dollar General during the fourth quarter valued at approximately $363,299,000. AQR Capital Management LLC raised its position in shares of Dollar General by 416.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Dollar General by 24,882.5% during the 4th quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after acquiring an additional 1,687,533 shares in the last quarter. Morgan Stanley lifted its stake in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock worth $184,615,000 after purchasing an additional 1,487,554 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Performance

Shares of DG opened at $120.15 on Wednesday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market cap of $26.50 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 1.88 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The firm has a fifty day moving average of $111.30 and a 200-day moving average of $127.76.

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

Dollar General Dividend Announcement

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 paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Analysts Set New Price Targets

Several analysts have weighed in on DG shares. Barclays lowered their target price on shares of Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Telsey Advisory Group reduced their price target on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. BNP Paribas Exane lowered their price objective on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group dropped their price objective on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dollar General has an average rating of “Hold” and an average price target of $131.27.

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.