Patton Fund Management Inc. Raises Holdings in Dollar General Corporation $DG

Key Points

• Patton Fund Management boosted its stake in Dollar General (DG) by 2,724.6% in Q4, buying 64,138 shares to hold 66,492 shares valued at $8.83 million, making DG 1.2% of its portfolio and its 13th-largest holding.
• Dollar General beat Q4 estimates with $1.93 EPS (vs. $1.57 expected) and $10.91 billion in revenue, issued FY2026 guidance of $7.10–$7.35 EPS, and announced a $0.59 quarterly dividend (annualized $2.36, ~2.0% yield).
• Analyst coverage is mixed with a MarketBeat consensus rating of "Hold" and a $146.54 target price (13 Buys, 15 Holds, 1 Sell), alongside recent target adjustments from firms such as Loop Capital and Morgan Stanley.

Patton Fund Management Inc. lifted its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 2,724.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,492 shares of the company's stock after buying an additional 64,138 shares during the period. Dollar General comprises 1.2% of Patton Fund Management Inc.'s investment portfolio, making the stock its 13th biggest holding. Patton Fund Management Inc.'s holdings in Dollar General were worth $8,828,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Caldwell Trust Co purchased a new position in shares of Dollar General during the 2nd quarter worth approximately $25,000. Root Financial Partners LLC purchased a new position in Dollar General in the 3rd quarter valued at approximately $26,000. Eastern Bank purchased a new position in Dollar General in the 4th quarter valued at approximately $35,000. Flagship Harbor Advisors LLC purchased a new position in Dollar General in the 4th quarter valued at approximately $36,000. Finally, Peoples Financial Services CORP. purchased a new position in Dollar General in the 3rd quarter valued at approximately $35,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DG has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Dollar General in a research note on Friday. Rothschild & Co Redburn raised Dollar General to a "strong sell" rating in a research note on Wednesday, February 25th. BNP Paribas Exane reiterated a "neutral" rating and set a $127.00 target price on shares of Dollar General in a report on Thursday, March 12th. Loop Capital increased their target price on Dollar General from $120.00 to $145.00 and gave the company a "hold" rating in a report on Friday, February 6th. Finally, Morgan Stanley lowered their target price on Dollar General from $160.00 to $150.00 and set an "equal weight" rating on the stock in a report on Friday, March 13th. Thirteen investment 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $146.54.

Dollar General Price Performance

DG stock opened at $119.42 on Tuesday. Dollar General Corporation has a 52-week low of $86.25 and a 52-week high of $158.23. The stock's fifty day simple moving average is $137.39 and its 200-day simple moving average is $126.06. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $26.30 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.87 and a beta of 0.34.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion for the quarter, compared to analysts' expectations of $10.78 billion. During the same quarter last year, the firm earned $0.87 earnings per share. The business's revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts expect that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

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

More Dollar General News

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

• Positive Sentiment: DG Media Network announced an AI-enabled in-store audio rollout across thousands of stores with partner QSIC, positioning Dollar General to monetize foot traffic through targeted audio ads and sellable inventory to brands — a potential high-margin revenue stream if adoption and CPMs scale. DG Media Network to Introduce AI-Enabled In-Store Audio Network Across Thousands of Dollar General Stores
• Positive Sentiment: Multiple trade outlets report the rollout will reach thousands of locations (reports cite ~6,000 initially, with ambitions for broader coverage), increasing the near-term scale and ad inventory available to marketers. Broader rollout reduces execution risk if results are strong. Dollar General’s media network rolls out AI store audio program
• Positive Sentiment: Analysts and retail commentators note Dollar General tends to outperform in softer economic conditions as shoppers trade down; coverage that recession odds are rising is being interpreted as a demand tailwind for DG’s value proposition. This macro view supports higher multiple/defensive positioning for the stock. As the Odds of a Recession Increase, Should You Buy Dollar General Stock?
• Neutral Sentiment: Consumer guidance pieces on couponing and savings at Dollar General highlight shopper loyalty and cost-conscious behavior but are not a direct catalyst; they underscore steady transactional demand rather than immediate revenue surprises. How to coupon at Dollar General (and actually save money without overthinking it)
• Negative Sentiment: Separately, the deadline to file claims in a multi‑million‑dollar class-action settlement recently passed (or was imminent), keeping potential legal/settlement liabilities and reputational issues on the radar for investors. That unresolved legal noise can cap enthusiasm until fully cleared. Last chance to file a claim in the Dollar General class action settlement

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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