First Eagle Investment Management LLC Sells 1,559,034 Shares of Dollar General Corporation $DG

First Eagle Investment Management LLC decreased its holdings in shares of Dollar General Corporation (NYSE:DG) by 26.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,417,971 shares of the company’s stock after selling 1,559,034 shares during the quarter. First Eagle Investment Management LLC’s holdings in Dollar General were worth $586,574,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DG. Root Financial Partners LLC bought a new stake in shares of Dollar General during the 3rd quarter valued at $26,000. Peoples Financial Services CORP. bought a new stake in shares of Dollar General during the 3rd quarter valued at $35,000. Eastern Bank bought a new stake in shares of Dollar General during the 4th quarter valued at $35,000. Flagship Harbor Advisors LLC bought a new stake in shares of Dollar General during the 4th quarter valued at $36,000. Finally, First Horizon Corp raised its position in shares of Dollar General by 74.4% during the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock valued at $45,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. UBS Group restated a “buy” rating and issued a $163.00 price objective on shares of Dollar General in a research report on Monday, March 16th. BNP Paribas Exane restated a “neutral” rating and issued a $127.00 price objective on shares of Dollar General in a research report on Thursday, March 12th. Morgan Stanley lowered their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Piper Sandler upped their price objective on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday, March 13th. Finally, Barclays restated an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dollar General has an average rating of “Hold” and an average price target of $145.00.

Dollar General Price Performance

DG stock opened at $104.60 on Tuesday. The stock has a 50-day moving average price of $126.08 and a two-hundred day moving average price of $128.22. The stock has a market cap of $23.04 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 1.83 and a beta of 0.28. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Dollar General Corporation has a 1 year low of $86.25 and a 1 year high of $158.23.

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. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. During the same period in the prior year, the business posted $0.87 EPS. The company’s quarterly revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities analysts forecast that Dollar General Corporation will post 7.29 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is currently 34.45%.

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.