Dollar General Corporation $DG Shares Acquired by Westpac Banking Corp

Westpac Banking Corp lifted its holdings in shares of Dollar General Corporation (NYSE:DG) by 765.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,197 shares of the company’s stock after buying an additional 8,134 shares during the quarter. Westpac Banking Corp’s holdings in Dollar General were worth $951,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC increased its holdings in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP raised its position in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new position in Dollar General during the second quarter worth $211,000. Finally, AlphaQuest LLC raised its holdings in shares of Dollar General by 478.8% in the 2nd quarter. AlphaQuest LLC now owns 903 shares of the company’s stock valued at $103,000 after buying an additional 747 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Tracey N. Herrmann sold 12,583 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total value of $1,573,755.81. Following the completion of the transaction, the executive vice president owned 30,948 shares of the company’s stock, valued at approximately $3,870,666.36. This trade represents a 28.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rhonda Taylor sold 7,500 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the transaction, the executive vice president owned 73,492 shares in the company, valued at $9,913,335.88. This trade represents a 9.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 58,673 shares of company stock worth $7,713,389. Corporate insiders own 0.56% of the company’s stock.

Dollar General Price Performance

Dollar General stock opened at $153.98 on Friday. The firm has a market capitalization of $33.89 billion, a P/E ratio of 26.59, a PEG ratio of 2.57 and a beta of 0.25. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. Dollar General Corporation has a 52-week low of $70.01 and a 52-week high of $158.23. The firm has a fifty day moving average of $145.36 and a 200-day moving average of $121.12.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.95 by $0.33. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.5%. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Guggenheim lifted their price objective on shares of Dollar General from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Morgan Stanley boosted their target price on Dollar General from $135.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Piper Sandler increased their price target on shares of Dollar General from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Rothschild & Co Redburn set a $111.00 target price on Dollar General and gave the company a “sell” rating in a research note on Tuesday, February 17th. Finally, Argus increased their price objective on Dollar General from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and a consensus price target of $145.85.

More Dollar General News

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

• Positive Sentiment: Jefferies raised its price target to $178 (from $165), signaling upside and contributing to buy-side momentum. Jefferies adjusts price target on Dollar General to $178 from $165
• Positive Sentiment: Guggenheim raised its PT to $165 (from $140) and maintained a Buy rating, citing improving top-line momentum that suggests an early turnaround. Dollar General (DG) Price Targets Raised to $165 and $168 on Turnaround Momentum
• Positive Sentiment: Oppenheimer issued a bullish forecast for strong price appreciation, adding to positive analyst chatter that has lifted investor optimism. Oppenheimer Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock
• Positive Sentiment: Coverage in retail-focused pieces (Zacks, Yahoo/Costco-themed roundups) names DG as a discount-retail name to watch, supporting investor interest in its resilience and margin initiatives. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Local expansion news: a new Tyrone DG Market is expected to open in spring — incremental store openings are steady but unlikely to move the stock materially alone. Briefcase: Tyrone DG Market expected to open in spring
• Neutral Sentiment: Other industry stories (REIT demand, retail earnings roundups) provide context but are not specific drivers for DG’s near-term move. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Negative Sentiment: Rothschild & Co Redburn issued a Sell rating with a $111 price target and projected FY2029 EPS of $6.92 — a bearish view that pressures the stock amid concerns over valuation and longer-term execution. (research report)

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.