JCP Investment Management LLC Trims Stock Position in Dollar General Corporation $DG

Key Points

• JCP Investment Management LLC cut its stake in Dollar General by 88.1% in Q3, selling 147,000 shares and leaving it with 19,935 shares worth about $2.06 million (1.4% of its portfolio).
• Dollar General beat Quarter expectations—EPS $1.93 vs. $1.57 and revenue $10.91B (up 5.9% YoY)—and set FY2026 guidance of 7.10–7.35 EPS, while analysts' consensus remains a "Hold" with an average target of $145.52.
• Institutional ownership is 91.77%, with large funds like AQR and Arrowstreet materially increasing positions, even as insiders sold roughly 19,558 shares (~$2.64M) over the last quarter.

JCP Investment Management LLC lessened its stake in Dollar General Corporation (NYSE:DG - Free Report) by 88.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,935 shares of the company's stock after selling 147,000 shares during the period. Dollar General accounts for approximately 1.4% of JCP Investment Management LLC's portfolio, making the stock its 14th largest position. JCP Investment Management LLC's holdings in Dollar General were worth $2,060,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company's stock valued at $259,759,000 after purchasing an additional 2,036,573 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Dollar General by 116.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company's stock worth $310,538,000 after buying an additional 1,458,093 shares during the period. Norges Bank purchased a new stake in Dollar General in the second quarter valued at approximately $154,371,000. Massachusetts Financial Services Co. MA lifted its stake in Dollar General by 15,369.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company's stock valued at $139,450,000 after buying an additional 1,211,298 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in shares of Dollar General by 10,936.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company's stock valued at $137,736,000 after acquiring an additional 1,193,282 shares during the period. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Trading Down 3.2%

Shares of DG opened at $131.63 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. Dollar General Corporation has a 1-year low of $77.52 and a 1-year high of $158.23. The stock has a market cap of $28.97 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 2.15 and a beta of 0.23. The firm has a 50 day simple moving average of $147.70 and a 200-day simple moving average of $123.80.

Dollar General (NYSE:DG - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.36. The firm had revenue of $10.91 billion for 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%.Dollar General's revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities analysts forecast that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, April 7th. Dollar General's dividend payout ratio is currently 34.45%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DG. BMO Capital Markets raised 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 report on Friday, February 13th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $170.00 price objective on shares of Dollar General in a research note on Thursday. The Goldman Sachs Group raised Dollar General from a "strong sell" rating to a "hold" rating in a report on Friday, December 5th. Piper Sandler boosted their target price on Dollar General from $132.00 to $133.00 and gave the stock a "neutral" rating in a research report on Friday. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Dollar General in a research report on Friday. Fourteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Dollar General presently has a consensus rating of "Hold" and an average target price of $145.52.

Insider Activity at Dollar General

In related news, EVP Bryan D. Wheeler sold 9,776 shares of the business's stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $135.32, for a total value of $1,322,888.32. Following the completion of the transaction, the executive vice president owned 22,295 shares of the company's stock, valued at approximately $3,016,959.40. The trade was a 30.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Rhonda Taylor sold 7,500 shares of the company's stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the completion of the transaction, the executive vice president owned 73,492 shares in the company, valued at approximately $9,913,335.88. This trade represents a 9.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,558 shares of company stock valued at $2,638,868 over the last quarter. Insiders own 0.56% of the company's stock.

Dollar General Company 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.

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