Generali Asset Management SPA SGR Has $714,000 Holdings in Dollar General Corporation $DG

Key Points

• Generali Asset Management cut its Dollar General stake by 79.5% in the fourth quarter, leaving it with 5,378 shares valued at about $714,000.
• Dollar General reported better-than-expected quarterly results, with EPS of $1.93 versus $1.57 expected and revenue of $10.91 billion, up 5.9% from a year ago.
• The company recently paid a quarterly dividend of $0.59 per share and currently yields about 2.1%, while analysts overall rate the stock a Hold with a consensus price target of $145.

Generali Asset Management SPA SGR trimmed its position in shares of Dollar General Corporation (NYSE:DG - Free Report) by 79.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,378 shares of the company's stock after selling 20,890 shares during the quarter. Generali Asset Management SPA SGR's holdings in Dollar General were worth $714,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Dollar General by 4.7% during the first 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 during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Dollar General by 12.3% in the 1st 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 Dollar General by 40.7% in the 1st 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 bought a new position in Dollar General in the 2nd quarter valued at about $211,000. Finally, Jump Financial LLC acquired a new position in Dollar General during the 2nd quarter valued at about $209,000. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Down 0.1%

DG stock opened at $113.23 on Monday. The stock has a market cap of $24.94 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.83 and a beta of 0.28. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The stock's fifty day simple moving average is $127.90 and its two-hundred day simple moving average is $128.18. Dollar General Corporation has a 1-year low of $86.25 and a 1-year high of $158.23.

Dollar General (NYSE:DG - Get Free Report) last announced its 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. The firm had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Analysts expect that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General's dividend payout ratio is currently 34.45%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Dollar General in a research note on Friday, April 10th. Wall Street Zen downgraded Dollar General from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Rothschild & Co Redburn upgraded Dollar General to a "strong sell" rating in a research note on Wednesday, February 25th. BMO Capital Markets upped their target price on shares of Dollar General from $130.00 to $145.00 and gave the stock a "market perform" rating in a research note on Friday, February 13th. Finally, Morgan Stanley dropped their price target on shares of Dollar General from $160.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Friday, March 13th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $145.00.

About Dollar General

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.

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