Essential Partners LLC Sells 5,010 Shares of Dollar General Corporation $DG

Essential Partners LLC lessened its stake in shares of Dollar General Corporation (NYSE:DG) by 41.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,013 shares of the company’s stock after selling 5,010 shares during the quarter. Essential Partners LLC’s holdings in Dollar General were worth $833,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Dollar General by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after acquiring an additional 412,542 shares in the last quarter. State Street Corp lifted its stake in Dollar General by 0.5% in the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after purchasing an additional 53,624 shares in the last quarter. Morgan Stanley lifted its stake in Dollar General by 35.0% in the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after purchasing an additional 42,936 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Dollar General by 47.9% in the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after purchasing an additional 1,208,892 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Down 0.7%

DG opened at $127.72 on Friday. The stock has a market cap of $28.17 billion, a PE ratio of 18.06, a P/E/G ratio of 1.96 and a beta of 0.25. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The business’s fifty day simple moving average is $115.27 and its 200 day simple moving average is $126.48.

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

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given a $0.59 dividend. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s payout ratio is presently 33.38%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DG shares. Piper Sandler decreased their price target on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Citigroup decreased their target price on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. BMO Capital Markets lowered their price target on Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Loop Capital lifted their price target on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and an average target price of $131.27.

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.