Dollar General Gains After First-Quarter Beat and Higher 2026 Profit Outlook

Dollar General Corporation (DG) is up 4.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst was Dollar General’s first-quarter fiscal 2026 earnings release, which showed stronger profit growth and included a higher full-year earnings outlook. Investors also appeared encouraged by positive traffic trends and continued demand for lower-priced essentials.

Details:

Dollar General reported first-quarter net sales of $10.8 billion, with same-store sales up 2.0% and operating profit up 10.8%.

Diluted earnings per share rose 12.4% to $2.00, which the company said exceeded its expectations despite winter weather and higher fuel costs.

The company lifted its fiscal 2026 diluted EPS guidance to about $7.20 to $7.45, up from its prior range of about $7.10 to $7.35.

Dollar General also reiterated its store growth and remodel plans for fiscal 2026, signaling continued investment in expansion and store productivity.

Sources:

Dollar General Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DG Hedge Fund Activity

We have seen 515 institutional investors add shares of $DG stock to their portfolio, and 486 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PZENA INVESTMENT MANAGEMENT LLC removed 3,779,282 shares (-35.4%) from their portfolio in Q1 2026, for an estimated $442,081,511
BAUPOST GROUP LLC/MA removed 2,062,821 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $241,298,486
MORGAN STANLEY removed 1,949,946 shares (-31.1%) from their portfolio in Q1 2026, for an estimated $228,094,933
ACR ALPINE CAPITAL RESEARCH, LLC removed 1,503,046 shares (-57.2%) from their portfolio in Q1 2026, for an estimated $175,818,805
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. added 1,462,645 shares (+86.0%) to their portfolio in Q1 2026, for an estimated $171,092,898
SG AMERICAS SECURITIES, LLC added 1,462,554 shares (+1583.5%) to their portfolio in Q1 2026, for an estimated $171,082,254
AQR CAPITAL MANAGEMENT LLC added 1,430,626 shares (+38.3%) to their portfolio in Q1 2026, for an estimated $167,347,476

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$DG Price Targets

Multiple analysts have issued price targets for $DG recently. We have seen 12 analysts offer price targets for $DG in the last 6 months, with a median target of $128.5.

Here are some recent targets:

Michael Montani from Evercore ISI Group set a target price of $135.0 on 07/07/2026
Seth Sigman from Barclays set a target price of $148.0 on 06/04/2026
Kelly Bania from BMO Capital set a target price of $120.0 on 06/03/2026
Anthony Chukumba from Loop Capital set a target price of $115.0 on 06/03/2026
Scot Ciccarelli from Truist Securities set a target price of $114.0 on 06/03/2026
Simeon Gutman from Morgan Stanley set a target price of $132.0 on 06/03/2026
Peter Keith from Piper Sandler set a target price of $118.0 on 06/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.