Public Employees Retirement System of Ohio Invests $7.22 Million in Dollar General Corporation $DG

Key Points

• Public Employees Retirement System of Ohio purchased 62,711 Dollar General shares worth approximately $7.22 million, while institutional investors collectively own 91.77% of the company.
• Dollar General exceeded quarterly expectations, reporting $2.48 in EPS versus the $2.01 consensus estimate and $11.29 billion in revenue, up 5.2% year over year. The company reaffirmed fiscal 2026 EPS guidance of $7.80–$8.00.
• The company declared a quarterly dividend of $0.59 per share, equivalent to a 1.8% annualized yield. Analysts remain cautious, with a consensus “Hold” rating and an average price target of $134.65.

Public Employees Retirement System of Ohio purchased a new stake in Dollar General Corporation (NYSE:DG - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62,711 shares of the company's stock, valued at approximately $7,219,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General during the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company's stock worth $25,000 after buying an additional 182 shares during the period. Evergreen Advisors LLC purchased a new position in shares of Dollar General during the first quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock valued at $26,000 after buying an additional 79 shares in the last quarter. Finally, Reflection Asset Management acquired a new position in Dollar General during the fourth quarter valued at $28,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Dollar General Stock Performance

Shares of DG opened at $131.24 on Wednesday. The firm has a market cap of $28.95 billion, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.77 and a beta of 0.23. The company's fifty day moving average is $122.04 and its 200-day moving average is $122.75. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.47. The business had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. Dollar General's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities analysts expect that Dollar General Corporation will post 7.67 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, October 6th. Dollar General's dividend payout ratio is 30.69%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. HSBC decreased their price objective on Dollar General from $141.00 to $125.00 and set a "hold" rating for the company in a research report on Wednesday, June 3rd. Jefferies Financial Group dropped their target price on Dollar General from $155.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, June 3rd. Daiwa Securities Group reduced their price target on shares of Dollar General from $136.00 to $111.00 and set a "neutral" rating for the company in a research report on Thursday, June 4th. Wall Street Zen upgraded shares of Dollar General from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Rothschild & Co Redburn lowered their price objective on shares of Dollar General from $111.00 to $90.00 and set a "sell" rating on the stock in a research report on Monday, May 18th. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $134.65.

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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