Dollar General (DG)

• Market cap: $16.9B
• 1 day: 0.74%
• 5 days: 4.06%
• 1 month: 6.60%
• 3 months: 3.75%
• 6 months: -38.01%
• Year to date: 1.40%
• 1 year: -45.89%
• 5 years: -54.04%
• 10 years: 7.30%
• Sector: Consumer Staples
• Industry: Variety Stores

About: With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.

Employees: 170,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

9% more funds holding in top 10

Funds holding in top 10: 11 [Q3] → 12 (+1) [Q4]

1.08% more ownership

Funds ownership: 91.8% [Q3] → 92.88% (+1.08%) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 307

7% less first-time investments, than exits

New positions opened: 137 | Existing positions closed: 147

5% less funds holding

Funds holding: 899 [Q3] → 852 (-47) [Q4]

9% less capital invested

Capital invested by funds: $17B [Q3] → $15.5B (-$1.56B) [Q4]

29% less call options, than puts

Call options by funds: $744M | Put options by funds: $1.05B

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 4% upside
• Avg. target: $89 16% upside
• High target: $100 30% upside

9 analyst ratings

• positive: 3 33%
• neutral: 6 67%
• negative: 0 0%

Goldman Sachs Kate McShane 61% 1-year accuracy 22 / 36 met price target	21% upside $93	Buy Maintained	23 Jan 2025
Morgan Stanley Simeon Gutman 58% 1-year accuracy 22 / 38 met price target	4% upside $80	Equal-Weight Maintained	21 Jan 2025
Barclays Karen Short 67% 1-year accuracy 8 / 12 met price target	30% upside $100	Overweight Maintained	9 Jan 2025
Evercore ISI Group Michael Montani 88% 1-year accuracy 15 / 17 met price target	25% upside $96	In-Line Maintained	6 Dec 2024
B of A Securities Koji Ikeda 64% 1-year accuracy 16 / 25 met price target	24% upside $95	Buy Upgraded	6 Dec 2024