Oppenheimer Asset Management Inc. Sells 235,603 Shares of Dollar General Corporation $DG

Key Points

• Oppenheimer Asset Management reduced its Dollar General stake by 34.7%, selling 235,603 shares and finishing the quarter with 442,536 shares worth about $58.8 million (roughly 0.7% of its portfolio).
• Dollar General beat Q1 estimates, reporting $1.93 EPS vs. $1.57 expected and $10.91 billion in revenue vs. $10.78 billion, and issued FY2026 guidance of $7.10–$7.35 per share.
• Analyst sentiment is mixed with a consensus "Hold" and $146.54 target (13 Buys, 15 Holds, 1 Sell), while institutional investors own about 91.77% of the stock.

Oppenheimer Asset Management Inc. decreased its holdings in Dollar General Corporation (NYSE:DG - Free Report) by 34.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,536 shares of the company's stock after selling 235,603 shares during the period. Dollar General comprises approximately 0.7% of Oppenheimer Asset Management Inc.'s investment portfolio, making the stock its 22nd biggest holding. Oppenheimer Asset Management Inc. owned approximately 0.20% of Dollar General worth $58,756,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Dollar General by 1.5% during the fourth 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 during the period. State Street Corp increased its stake in shares of Dollar General by 9.1% during the third 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 during the period. Baillie Gifford & Co. increased its stake in shares of Dollar General by 2.1% during the fourth 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 during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Dollar General by 3.6% during the third 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 during the period. Finally, Invesco Ltd. increased its stake in shares of Dollar General by 7.4% during the third 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 during the period. 91.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DG. Truist Financial set a $139.00 price target on shares of Dollar General in a research report on Thursday, March 12th. Morgan Stanley lowered their price objective on Dollar General from $160.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft upgraded Dollar General from a "hold" rating to a "buy" rating and set a $170.00 price objective on the stock in a research note on Thursday, January 8th. Rothschild & Co Redburn upgraded Dollar General to a "strong sell" rating in a research note on Wednesday, February 25th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $140.00 price objective on shares of Dollar General in a research note on Tuesday, March 24th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dollar General has a consensus rating of "Hold" and a consensus target price of $146.54.

Dollar General Trading Up 1.6%

Shares of DG opened at $115.94 on Friday. The firm has a market cap of $25.53 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.84 and a beta of 0.34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The business's fifty day moving average is $130.04 and its 200-day moving average is $127.59. Dollar General Corporation has a 52-week low of $86.25 and a 52-week high of $158.23.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General's payout ratio is 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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