Maxi Investments CY Ltd Makes New Investment in Dollar General Corporation $DG

Maxi Investments CY Ltd bought a new stake in shares of Dollar General Corporation (NYSE:DG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 9,500 shares of the company’s stock, valued at approximately $982,000.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC raised its stake in 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 buying an additional 2,036,573 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Dollar General by 116.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock valued at $310,538,000 after acquiring an additional 1,458,093 shares in the last quarter. Norges Bank purchased a new position in shares of Dollar General in the 2nd quarter valued at $154,371,000. Massachusetts Financial Services Co. MA raised its position in shares of Dollar General by 15,369.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company’s stock worth $139,450,000 after acquiring an additional 1,211,298 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of Dollar General by 10,936.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company’s stock worth $137,736,000 after acquiring an additional 1,193,282 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 2.2%

Shares of NYSE:DG opened at $134.71 on Tuesday. The business’s 50-day moving average is $147.62 and its 200 day moving average is $123.96. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. Dollar General Corporation has a 1 year low of $78.10 and a 1 year high of $158.23. The firm has a market capitalization of $29.65 billion, a P/E ratio of 19.67, a P/E/G ratio of 2.15 and a beta of 0.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. During the same quarter last year, the company earned $0.87 earnings per share. 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. On average, research analysts predict that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

Insiders Place Their Bets

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the transaction, the executive vice president owned 22,295 shares in the company, valued at approximately $3,016,959.40. This represents a 30.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Daiwa Securities Group raised their price objective on Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Wells Fargo & Company boosted their target price on shares of Dollar General from $115.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, December 19th. Piper Sandler increased their price target on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dollar General in a research report on Monday, December 29th. Finally, BMO Capital Markets boosted their price objective on shares of Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $145.33.

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.