M&T Bank Corp Acquires 17,932 Shares of Dollar General Corporation $DG

Key Points

• M&T Bank Corp raised its stake in Dollar General by 88.2%, buying 17,932 shares to hold 38,255 shares valued at about $5.08 million according to its latest 13F filing.
• Dollar General beat quarterly expectations with EPS of $1.93 vs. $1.57 and revenue of $10.91 billion, and issued FY2026 EPS guidance of $7.10–7.35 (analysts forecast ~7.29).
• Institutional investors own 91.77% of the stock, and analysts are split (13 Buy, 15 Hold, 1 Sell) with an average price target of $146.54 versus the recent share price near $120.63.

M&T Bank Corp boosted its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 88.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,255 shares of the company's stock after buying an additional 17,932 shares during the period. M&T Bank Corp's holdings in Dollar General were worth $5,079,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DG. Vanguard Group Inc. increased its position in shares of Dollar General by 0.3% during the third quarter. Vanguard Group Inc. now owns 26,896,503 shares of the company's stock worth $2,779,754,000 after acquiring an additional 78,854 shares in the last quarter. State Street Corp lifted its position in Dollar General by 9.1% in the 3rd quarter. State Street Corp now owns 10,963,378 shares of the company's stock valued at $1,133,065,000 after acquiring an additional 913,373 shares in the last quarter. Baillie Gifford & Co. boosted its stake in Dollar General by 2.1% during the 4th quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company's stock valued at $440,286,000 after purchasing an additional 68,723 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Dollar General by 3.6% during the 3rd 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. Finally, Invesco Ltd. increased its holdings in Dollar General by 7.4% during the 3rd quarter. Invesco Ltd. now owns 2,725,276 shares of the company's stock worth $281,657,000 after purchasing an additional 188,949 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General Trading Down 0.1%

Shares of Dollar General stock opened at $120.63 on Monday. The firm has a market cap of $26.57 billion, a PE ratio of 17.61, a P/E/G ratio of 1.95 and a beta of 0.34. Dollar General Corporation has a 1 year low of $86.25 and a 1 year 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. The stock has a fifty day moving average price of $132.92 and a 200-day moving average price of $127.52.

Dollar General (NYSE:DG - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share 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 the consensus estimate of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts anticipate that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

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 2.0%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General's dividend payout ratio is currently 34.45%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Dollar General from a "hold" rating to a "buy" rating and set a $170.00 target price on the stock in a report on Thursday, January 8th. Morgan Stanley lowered their price target on Dollar General from $160.00 to $150.00 and set an "equal weight" rating for the company in a research report on Friday, March 13th. Truist Financial set a $139.00 price objective on shares of Dollar General in a report on Thursday, March 12th. Gordon Haskett raised their price target on shares of Dollar General from $170.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Finally, Wall Street Zen cut shares of Dollar General from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Dollar General presently has an average rating of "Hold" and an average target price of $146.54.

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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