Sumitomo Mitsui Trust Group Inc. Sells 20,417 Shares of Dollar General Corporation $DG

Key Points

• Sumitomo Mitsui Trust Group cut its Dollar General stake by 4.4%, selling 20,417 shares in the third quarter; it retained 447,980 shares valued at about $53.6 million.
• Dollar General beat quarterly earnings estimates, reporting EPS of $2.48 versus consensus of $2.01, while revenue rose 5.2% year over year to $11.29 billion. The company’s FY2026 EPS guidance is $7.80–$8.00.
• Analysts’ consensus rating is Hold, with an average price target of $137.96. The article also flags legal risk from an FTC and 20-state lawsuit alleging customers were overcharged at checkout.

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 447,980 shares of the company's stock after selling 20,417 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.20% of Dollar General worth $53,569,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its holdings in Dollar General by 6.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company's stock valued at $340,546,000 after purchasing an additional 167,546 shares during the period. Dimensional Fund Advisors LP raised its holdings in Dollar General by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company's stock worth $332,443,000 after acquiring an additional 75,323 shares during the last quarter. Royal Bank of Canada increased its holdings in Dollar General by 0.8% in the 1st quarter. Royal Bank of Canada now owns 2,723,506 shares of the company's stock worth $323,362,000 after buying an additional 20,366 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Dollar General during the second quarter valued at approximately $162,412,000. Finally, Renaissance Technologies LLC raised its stake in Dollar General by 121.3% during the 1st quarter. Renaissance Technologies LLC now owns 704,204 shares of the company's stock valued at $83,610,000 after buying an additional 386,000 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Stock Up 8.7%

Dollar General stock opened at $141.83 on Thursday. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The firm has a market cap of $31.29 billion, a P/E ratio of 18.44, a P/E/G ratio of 1.74 and a beta of 0.19. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The business has a fifty day moving average of $127.09 and a two-hundred day moving average of $125.90.

Dollar General (NYSE:DG - Get Free Report) last posted its earnings results 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. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The company had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the previous year, the firm earned $1.86 earnings per share. The firm's quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, analysts forecast that Dollar General Corporation will post 7.70 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, October 6th. Dollar General's payout ratio is 30.69%.

Key Dollar General News

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

• Positive Sentiment: Dollar General’s “Value Valley” promotion, including $1 deals and expanded displays, is reported to be resonating with budget-conscious shoppers alongside strong comparable-sales growth. That supports the case for continued customer traffic. Dollar General's Value Valley Gains Momentum: More Upside Ahead?
• Positive Sentiment: Coverage also highlights the DGTP store format, planned remodels, store expansion and digital growth as potential longer-term sales and productivity drivers. Some analysis notes DG trades at a discount to industry peers, while lingering cost pressures remain. Is Dollar General's New DGTP Store Format a Growth Catalyst? Is Dollar General Stock a Buy at Its Current Valuation?
• Neutral Sentiment: Management says higher-income households are showing spending patterns similar to more budget-constrained consumers. This could broaden demand for value retailers, but also reflects pressure on household finances. People Making Over $100,000 Per Year are Acting Like They are Living Paycheck to Paycheck
• Negative Sentiment: The FTC and 20 states are suing Dollar General over allegations that shoppers were repeatedly charged more at checkout than advertised. The claims raise potential legal costs and reputational concerns; a separate law-firm announcement of a fraud investigation adds to the headline risk. Dollar General hit with FTC lawsuit over allegedly overcharging shoppers millions DG Investors Have Opportunity to Join Dollar General Corporation Fraud Investigation with SBS Law

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. BMO Capital Markets increased their price objective on shares of Dollar General from $120.00 to $135.00 and gave the stock a "market perform" rating in a research note on Friday, August 28th. Wall Street Zen cut Dollar General from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. Barclays upped their price objective on Dollar General from $148.00 to $151.00 and gave the stock an "overweight" rating in a report on Tuesday, September 8th. Piper Sandler raised their price target on Dollar General from $118.00 to $123.00 and gave the stock a "neutral" rating in a research report on Friday, August 28th. Finally, Telsey Advisory Group increased their price target on Dollar General from $125.00 to $140.00 and gave the stock a "market perform" rating in a report on Friday, August 28th. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $137.96.

Dollar General Company Profile

Dollar General Corporation NYSE: DG is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.

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