VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Dollar General Corporation $DG

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Dollar General Corporation (NYSE:DG) during the second quarter, HoldingsChannel reports. The institutional investor purchased 442,073 shares of the company’s stock, valued at approximately $50,887,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DG. Geode Capital Management LLC boosted its holdings in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after acquiring an additional 42,936 shares in the last quarter. Norges Bank acquired a new position in Dollar General in the 4th quarter worth about $133,431,000. KBC Group NV increased its holdings in Dollar General by 63.8% in the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock worth $7,230,000 after purchasing an additional 23,710 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Dollar General in the second quarter valued at about $162,412,000. Finally, Pinebridge Investments LLC acquired a new stake in shares of Dollar General during the fourth quarter valued at about $11,864,000. 91.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Raymond James Financial restated an “outperform” rating and set a $150.00 price target on shares of Dollar General in a report on Friday, August 28th. Guggenheim reiterated a “buy” rating and issued a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Argus lifted their target price on shares of Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday. BNP Paribas Exane boosted their target price on shares of Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Piper Sandler upped their price target on shares of Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $135.35.

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Dollar General reported second-quarter sales of approximately $11.29 billion and net income of $550.3 million. Earnings per share of $2.48 exceeded the $2.01 consensus estimate, while revenue increased 5.2% year over year. Will Dollar General’s Raised Guidance and AI Bet Reshape Its Margin and Expansion Narrative?
• Positive Sentiment: The company raised its full-year 2026 earnings outlook to $7.80-$8.00 per share, above the roughly $7.68 consensus cited in the coverage. It also reaffirmed its $0.59 quarterly dividend, supporting the income-investment case. Raised Guidance and AI Bet
• Positive Sentiment: Dollar General reiterated plans for approximately 4,730 real-estate projects and announced an artificial-intelligence partnership with RELEX Solutions to improve forecasting and replenishment. Better inventory management could support sales, reduce out-of-stocks and improve margins over time. AI and Expansion Plans
• Positive Sentiment: Argus raised its price target from $165 to $170 and initiated or reiterated a Buy rating, implying substantial upside from the referenced trading level. J.P. Morgan also maintained its Buy rating. J.P. Morgan Buy Rating
• Neutral Sentiment: Recent Zacks and other analysis describes DG as a potentially attractive long-term value or countercyclical stock, but these articles are valuation commentary rather than new fundamental catalysts. Dollar General Long-Term Value Analysis
• Negative Sentiment: Chief Executive Todd Vasos warned that Dollar General’s core customers remain under financial pressure and are changing their shopping behavior. Persistent consumer distress could weigh on discretionary purchases, product mix and margins despite the stronger quarter. Dollar General CEO Customer Warning

Dollar General Price Performance

Shares of DG opened at $133.23 on Monday. The business has a 50-day moving average of $122.82 and a 200-day moving average of $122.32. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The company has a market capitalization of $29.39 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 1.82 and a beta of 0.23. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. The business had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The firm’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities research analysts anticipate that Dollar General Corporation will post 7.68 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.

About Dollar General

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.