Dollar General Corporation $DG Shares Bought by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors increased its Dollar General stake by 128.8% in the third quarter, bringing its holdings to 65,190 shares valued at approximately $7.8 million. Institutional investors collectively own 91.77% of the company.
• Analyst sentiment remains mixed, with 12 Buy, 16 Hold, and 1 Sell rating. Dollar General has an average rating of Hold and a consensus price target of $137.96.
• Dollar General exceeded quarterly expectations, reporting $2.48 in EPS and $11.29 billion in revenue, while revenue rose 5.2% year over year. The company also pays a quarterly dividend of $0.59 per share, equivalent to a 1.7% annual yield.

Nisa Investment Advisors LLC lifted its stake in Dollar General Corporation (NYSE:DG - Free Report) by 128.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,190 shares of the company's stock after acquiring an additional 36,696 shares during the period. Nisa Investment Advisors LLC's holdings in Dollar General were worth $7,795,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its holdings in Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company's stock worth $25,000 after purchasing an additional 182 shares in the last quarter. Evergreen Advisors LLC bought a new stake in shares of Dollar General in the 1st quarter worth $25,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Dollar General in the third quarter valued at $32,000. Nvwm LLC lifted its holdings in shares of Dollar General by 2,780.0% in the third quarter. Nvwm LLC now owns 288 shares of the company's stock valued at $34,000 after buying an additional 278 shares during the period. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of Dollar General by 788.1% in the second quarter. Rosenberg Matthew Hamilton now owns 373 shares of the company's stock valued at $43,000 after buying an additional 331 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DG shares. Guggenheim reaffirmed a "buy" rating and set a $140.00 target price on shares of Dollar General in a report on Monday, August 31st. Oppenheimer reiterated an "outperform" rating and issued a $150.00 price target on shares of Dollar General in a research report on Tuesday, August 25th. Telsey Advisory Group upped their price target on shares of Dollar General from $125.00 to $140.00 and gave the company a "market perform" rating in a report on Friday, August 28th. Gordon Haskett upgraded shares of Dollar General from a "hold" rating to a "buy" rating and set a $140.00 price objective for the company in a research report on Tuesday, October 6th. Finally, Weiss Ratings raised shares of Dollar General from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, September 10th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dollar General has an average rating of "Hold" and a consensus target price of $137.96.

Dollar General Stock Performance

DG opened at $138.88 on Friday. The firm has a market cap of $30.64 billion, a PE ratio of 18.06, a P/E/G ratio of 1.80 and a beta of 0.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $125.64 and a 200-day simple moving average of $119.63. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23.

Dollar General (NYSE:DG - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.47. The business had revenue of $11.29 billion for the quarter, compared to analysts' expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The company's quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts predict that Dollar General Corporation will post 7.69 EPS for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.7%. Dollar General's dividend payout ratio is currently 30.69%.

Dollar General Company Profile

Dollar General Corporation NYSE: DG is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.

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