Sterling Capital Management LLC Sells 4,326 Shares of Dollar General Corporation $DG

Sterling Capital Management LLC trimmed its stake in Dollar General Corporation (NYSE:DG) by 14.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,204 shares of the company’s stock after selling 4,326 shares during the quarter. Sterling Capital Management LLC’s holdings in Dollar General were worth $2,992,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Dollar General by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after buying an additional 1,185 shares during the period. NewEdge Advisors LLC grew its stake in Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after acquiring an additional 1,148 shares during the period. Woodline Partners LP grew its stake in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after acquiring an additional 5,373 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Dollar General during the second quarter valued at approximately $211,000. Finally, Jump Financial LLC bought a new stake in shares of Dollar General during the second quarter valued at approximately $209,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG opened at $119.45 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $26.35 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.82 and a beta of 0.26. The stock has a 50 day moving average of $112.07 and a 200 day moving average of $129.12. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is 33.38%.

Analyst Ratings Changes

DG has been the topic of a number of recent research reports. Oppenheimer cut their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 29th. KeyCorp restated a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. The Goldman Sachs Group dropped their price objective on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Loop Capital lifted their price objective on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $131.27.

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.