Massachusetts Financial Services Co. MA Trims Stock Holdings in Dollar General Corporation $DG

Key Points

• Massachusetts Financial Services cut its stake in Dollar General by 55.5% in Q4, selling 670,231 shares and retaining 538,384 shares worth about $71.48M (roughly 0.24% of the company).
• Dollar General beat quarterly estimates with $1.93 EPS (vs. $1.57 est.) and $10.91B revenue, and set FY2026 guidance of $7.10–$7.35 EPS.
• Institutional ownership is high at 91.77%; several large managers (Vanguard, State Street, Invesco, Dimensional) increased holdings even as MFS trimmed its position, indicating mixed institutional activity.

Massachusetts Financial Services Co. MA reduced its stake in Dollar General Corporation (NYSE:DG - Free Report) by 55.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 538,384 shares of the company's stock after selling 670,231 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.24% of Dollar General worth $71,481,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Dollar General by 0.3% in the third quarter. Vanguard Group Inc. now owns 26,896,503 shares of the company's stock valued at $2,779,754,000 after acquiring an additional 78,854 shares in the last quarter. State Street Corp increased its stake in Dollar General by 9.1% in the third quarter. State Street Corp now owns 10,963,378 shares of the company's stock valued at $1,133,065,000 after purchasing an additional 913,373 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Dollar General by 3.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company's stock valued at $290,599,000 after purchasing an additional 96,825 shares during the last quarter. Invesco Ltd. increased its stake in Dollar General by 7.4% in the third quarter. Invesco Ltd. now owns 2,725,276 shares of the company's stock valued at $281,657,000 after purchasing an additional 188,949 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Dollar General by 31.0% in the third quarter. Dimensional Fund Advisors LP now owns 2,596,250 shares of the company's stock valued at $268,313,000 after purchasing an additional 614,373 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DG has been the subject of several analyst reports. Wells Fargo & Company upped their target price on Dollar General from $115.00 to $125.00 and gave the company an "equal weight" rating in a research note on Friday, December 19th. Piper Sandler boosted their price target on Dollar General from $132.00 to $133.00 and gave the company a "neutral" rating in a research report on Friday, March 13th. Oppenheimer boosted their price target on Dollar General from $145.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, February 24th. Gordon Haskett boosted their price target on Dollar General from $170.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Finally, Rothschild & Co Redburn raised Dollar General to a "strong sell" rating in a research report on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $146.54.

Dollar General Trading Up 3.2%

Shares of DG opened at $119.42 on Tuesday. The stock's 50-day moving average is $137.39 and its two-hundred day moving average is $126.06. The stock has a market cap of $26.30 billion, a PE ratio of 17.43, a P/E/G ratio of 1.87 and a beta of 0.34. Dollar General Corporation has a 12 month low of $86.25 and a 12 month high of $158.23. 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 (NYSE:DG - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to analysts' expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 earnings per share. 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 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, April 7th. Dollar General's payout ratio is presently 34.45%.

Dollar General 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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