Northwestern Mutual Wealth Management Co. Decreases Position in Dollar General Corporation $DG

Northwestern Mutual Wealth Management Co. trimmed its holdings in Dollar General Corporation (NYSE:DG) by 45.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,721 shares of the company’s stock after selling 6,556 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Dollar General were worth $889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after buying an additional 1,185 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after acquiring an additional 1,148 shares during the last quarter. Woodline Partners LP lifted its position in shares of 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 in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Dollar General in the second quarter valued at $211,000. Finally, Jump Financial LLC acquired a new stake in shares of Dollar General during the second quarter valued at $209,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

More Dollar General News

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 Trading Up 1.5%

Shares of DG stock opened at $133.23 on Friday. The firm has a market cap of $29.39 billion, a P/E ratio of 17.33, a PEG 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. 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 firm’s 50-day simple moving average is $122.82 and its 200-day simple moving average is $122.54.

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

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders 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%.

Analyst Upgrades and Downgrades

DG has been the subject of several analyst reports. Oppenheimer reissued an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a research note on Tuesday, August 25th. Telsey Advisory Group lifted their price target on shares of Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, August 28th. BMO Capital Markets boosted their price objective on shares of Dollar General from $120.00 to $135.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. Guggenheim reissued a “buy” rating and set a $140.00 price objective on shares of Dollar General in a research note on Monday, August 31st. Finally, Piper Sandler raised their target price on shares of Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $135.35.

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.