Jupiter Asset Management Ltd. Purchases Shares of 382,636 Dollar General Corporation $DG

Key Points

• Jupiter Asset Management bought 382,636 shares of Dollar General in the fourth quarter, a stake valued at about $50.8 million. The position represents roughly 0.17% of the company.
• Dollar General reported better-than-expected quarterly results, with EPS of $1.93 versus the $1.57 estimate and revenue of $10.91 billion, up 5.9% year over year. The company also maintained FY 2026 guidance of $7.10 to $7.35 EPS.
• The stock has recently gained attention from investors and analysts, with shares up 5.2% and institutional ownership remaining high at 91.77%. Analysts currently show a mixed outlook, with a consensus rating of Hold and a target price of about $139.96.

Jupiter Asset Management Ltd. purchased a new stake in Dollar General Corporation (NYSE:DG - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 382,636 shares of the company's stock, valued at approximately $50,803,000. Jupiter Asset Management Ltd. owned about 0.17% of Dollar General as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company's stock worth $3,625,822,000 after purchasing an additional 412,542 shares in the last quarter. State Street Corp boosted its stake in Dollar General by 9.1% in the 3rd quarter. State Street Corp now owns 10,963,378 shares of the company's stock worth $1,133,065,000 after purchasing an additional 913,373 shares in the last quarter. Geode Capital Management LLC boosted its stake in Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company's stock worth $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Baillie Gifford & Co. boosted its stake in Dollar General by 2.1% in the 4th quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company's stock worth $440,286,000 after purchasing an additional 68,723 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Dollar General by 3.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company's stock worth $290,599,000 after purchasing an additional 96,825 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Up 5.2%

Shares of DG stock opened at $109.73 on Friday. 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 has a 50 day moving average of $115.80 and a 200 day moving average of $128.60. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The stock has a market cap of $24.17 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.69 and a beta of 0.28.

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 the consensus estimate of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm had revenue of $10.91 billion during the quarter, compared to analysts' expectations of $10.78 billion. During the same period in the previous year, the business posted $0.87 EPS. The business's revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, sell-side analysts expect that Dollar General Corporation will post 7.26 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, April 7th. Dollar General's payout ratio is currently 34.45%.

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Discount-store stocks are seeing renewed buying interest after Dollar Tree’s strong Q1 beat and raised outlook, which lifted sentiment across the low-price retail group and helped support DG. Dollar Tree Soars 17%, Dollar General Jumps 5%: Here's Why Discount Store Stocks Are Catching a Bid
• Positive Sentiment: UBS said Dollar General is expected to meet the market’s bar for about 2% comparable sales growth in Q1, reinforcing expectations that the company is on track heading into earnings. Dollar General Poised to Meet Market's Bar for Comparable Sales Growth in Q1, UBS Says
• Neutral Sentiment: Rothschild & Co Redburn raised some longer-term EPS estimates for DG, but kept a Sell rating and $90 price target, which offsets the positive earnings revisions.
• Neutral Sentiment: Truist cut its price target on DG to $109 from $139 and maintained a Hold rating, signaling more cautious valuation views from analysts.
• Negative Sentiment: Dollar General’s shareholder vote on a human rights proposal highlights ongoing concerns around labor practices and workplace safety, while the CEO transition adds an extra layer of execution risk. Dollar General Faces Human Rights Vote As Leadership Transition Shapes Valuation

Wall Street Analyst Weigh In

DG has been the subject of a number of recent analyst reports. Jefferies Financial Group lowered their target price on shares of Dollar General from $170.00 to $155.00 and set a "buy" rating for the company in a research note on Monday, May 18th. Morgan Stanley lowered their target price on shares of Dollar General from $160.00 to $150.00 and set an "equal weight" rating for the company in a research note on Friday, March 13th. Sanford C. Bernstein lowered their target price on shares of Dollar General from $150.00 to $146.00 and set an "outperform" rating for the company in a research note on Wednesday, March 25th. Evercore decreased their price objective on shares of Dollar General from $145.00 to $144.00 in a research note on Tuesday, March 3rd. Finally, Wall Street Zen cut shares of Dollar General from a "buy" rating to a "hold" rating in a research note on Saturday, April 4th. Twelve equities 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. Based on data from MarketBeat.com, Dollar General presently has a consensus rating of "Hold" and a consensus target price of $139.96.

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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