Dollar General Corporation $DG Stake Reduced by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management reduced its Dollar General stake by 39.8%, selling 470,661 shares and retaining 712,442 shares worth approximately $82.6 million. Institutional investors collectively own 91.77% of the company.
• Analyst sentiment is mixed but leans cautious: 12 analysts rate Dollar General a Buy, 16 a Hold, and one a Sell, resulting in a consensus rating of “Hold” and an average price target of $137.96.
• Dollar General exceeded quarterly expectations, reporting $2.48 in EPS and $11.29 billion in revenue, while revenue increased 5.2% year over year. The company also declared a quarterly dividend of $0.59 per share, representing an annualized yield of about 1.8%.

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 39.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 712,442 shares of the company's stock after selling 470,661 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.32% of Dollar General worth $82,583,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Dollar General during the 2nd quarter worth approximately $50,887,000. Royal London Asset Management Ltd. boosted its position in Dollar General by 30.7% during the second quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company's stock worth $73,519,000 after purchasing an additional 149,869 shares during the period. KBC Group NV boosted its position in Dollar General by 63.8% during the first quarter. KBC Group NV now owns 60,896 shares of the company's stock worth $7,230,000 after purchasing an additional 23,710 shares during the period. Bank of New York Mellon Corp bought a new position in Dollar General during the second quarter worth $162,412,000. Finally, Tidal Investments LLC increased its holdings in shares of Dollar General by 31.0% in the second quarter. Tidal Investments LLC now owns 80,326 shares of the company's stock valued at $9,246,000 after purchasing an additional 19,024 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company's stock.

Wall Street Analyst Weigh In

DG has been the topic of several research analyst reports. The Goldman Sachs Group increased their price objective on shares of Dollar General from $128.00 to $141.00 and gave the company a "neutral" rating in a research report on Friday, August 28th. Raymond James Financial reiterated an "outperform" rating and set a $150.00 target price on shares of Dollar General in a research note on Friday, August 28th. BNP Paribas Exane increased their target price on Dollar General from $113.00 to $129.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Citigroup boosted their price target on Dollar General from $116.00 to $133.00 and gave the company a "neutral" rating in a research note on Friday, August 28th. Finally, Argus boosted their price target on Dollar General from $165.00 to $170.00 and gave the company a "buy" rating in a research note on Friday, September 4th. Twelve research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dollar General currently has an average rating of "Hold" and a consensus price target of $137.96.

Dollar General Price Performance

Shares of Dollar General stock opened at $132.20 on Thursday. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. 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 company has a 50-day simple moving average of $125.30 and a two-hundred day simple moving average of $119.50. The stock has a market capitalization of $29.17 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data 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 quarter in the previous year, the firm posted $1.86 EPS. The business's revenue for the quarter 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. Analysts forecast that Dollar General Corporation will post 7.69 EPS for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given 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 1.8%. Dollar General's dividend payout ratio is currently 30.69%.

About Dollar General

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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