First Trust Advisors LP Has $21.82 Million Stock Position in Dollar General Corporation $DG

First Trust Advisors LP increased its stake in Dollar General Corporation (NYSE:DG) by 39.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,798 shares of the company’s stock after purchasing an additional 51,559 shares during the quarter. First Trust Advisors LP’s holdings in Dollar General were worth $21,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Life Cycle Investment Partners Ltd purchased a new stake in Dollar General during the fourth quarter valued at about $363,299,000. AQR Capital Management LLC increased its position in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Dollar General by 24,882.5% in the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock worth $224,953,000 after acquiring an additional 1,687,533 shares in the last quarter. Morgan Stanley raised its holdings in shares of 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 acquiring an additional 1,624,748 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of 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 valued at $184,615,000 after acquiring an additional 1,487,554 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Price Performance

NYSE DG opened at $128.63 on Thursday. 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 firm has a market capitalization of $28.37 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.92 and a beta of 0.25. The company has a 50 day simple moving average of $114.82 and a 200-day simple moving average of $126.59. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23.

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

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, July 7th. Dollar General’s payout ratio is currently 33.38%.

Wall Street Analyst Weigh In

Several brokerages recently commented on DG. Telsey Advisory Group reduced their price target on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research report on Wednesday, July 8th. Evercore cut their target price on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Loop Capital increased their target price on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $149.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.