North Dakota State Investment Board Makes New Investment in Dollar General Corporation $DG

North Dakota State Investment Board purchased a new position in Dollar General Corporation (NYSE:DG) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,451 shares of the company’s stock, valued at approximately $2,583,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Calamos Advisors LLC lifted its position in shares of Dollar General by 32.9% in the fourth quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after buying an additional 60,746 shares during the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in shares of Dollar General during the 3rd quarter worth about $8,803,000. Arista Wealth Management LLC acquired a new position in shares of Dollar General during the 3rd quarter worth about $351,000. Park Capital Management LLC WI acquired a new position in shares of Dollar General during the 4th quarter worth about $1,245,000. Finally, Allianz Asset Management GmbH lifted its position in shares of Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock worth $83,263,000 after purchasing an additional 112,862 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Up 3.6%

Shares of DG opened at $106.06 on Tuesday. Dollar General Corporation has a 12-month low of $93.56 and a 12-month high of $158.23. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $23.36 billion, a price-to-earnings ratio of 15.48, a P/E/G ratio of 1.65 and a beta of 0.28. The stock’s 50-day moving average price is $121.24 and its 200 day moving average price is $128.25.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, research analysts predict that Dollar General Corporation will post 7.29 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, April 7th. Dollar General’s payout ratio is currently 34.45%.

Wall Street Analysts Forecast Growth

DG has been the subject of several research analyst reports. Guggenheim cut their price objective on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, March 13th. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Wolfe Research reissued an “outperform” rating and set a $165.00 price objective on shares of Dollar General in a research report on Thursday, March 12th. Finally, Piper Sandler boosted their price objective on Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, March 13th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $143.62.

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.