Summitry LLC Buys 4,812 Shares of Dollar General Corporation $DG

Summitry LLC increased its stake in shares of Dollar General Corporation (NYSE:DG) by 142.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,200 shares of the company’s stock after acquiring an additional 4,812 shares during the quarter. Summitry LLC’s holdings in Dollar General were worth $1,089,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of Dollar General during the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in 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 purchasing an additional 79 shares during the last quarter. Eastern Bank bought a new position in Dollar General during the fourth quarter valued at $35,000. Flagship Harbor Advisors LLC bought a new position in Dollar General during the fourth quarter valued at $36,000. Finally, First Horizon Corp lifted its position in Dollar General by 74.4% during the fourth quarter. First Horizon Corp now owns 340 shares of the company’s stock valued at $45,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $140.00 price objective on shares of Dollar General in a research report on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Morgan Stanley lowered their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Truist Financial set a $139.00 price objective on shares of Dollar General in a research report on Thursday, March 12th. Finally, Sanford C. Bernstein lowered their price objective on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a research report on Wednesday, March 25th. Twelve research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average target price of $141.12.

Dollar General Price Performance

Dollar General stock opened at $105.69 on Tuesday. The firm has a 50-day moving average price of $117.39 and a 200-day moving average price of $128.45. The firm has a market capitalization of $23.28 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.36. The firm had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the business earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities research analysts forecast that Dollar General Corporation will post 7.27 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is 34.45%.

About Dollar General

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.