Hurley Capital LLC Acquires New Holdings in Dollar General Corporation $DG

Hurley Capital LLC purchased a new position in shares of Dollar General Corporation (NYSE:DG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 14,796 shares of the company’s stock, valued at approximately $1,964,000. Dollar General comprises 1.1% of Hurley Capital LLC’s investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in DG. Fideuram Asset Management Ireland dac bought a new position in Dollar General during the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares during the last quarter. Eastern Bank bought a new position in Dollar General during the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC bought a new position in Dollar General during the 4th quarter worth approximately $36,000. Finally, Basepoint Wealth LLC bought a new position in Dollar General during the 4th quarter worth approximately $39,000. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

NYSE DG opened at $116.39 on Tuesday. The company has a fifty day simple moving average of $113.11 and a 200 day simple moving average of $129.16. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The company has a market cap of $25.67 billion, a P/E ratio of 16.46, a PEG ratio of 1.75 and a beta of 0.26.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter last year, the firm posted $1.78 EPS. Dollar General’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Sell-side analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Analysts Set New Price Targets

Several research firms have issued reports on DG. BMO Capital Markets lowered their price target on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Truist Financial raised their price target on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, June 2nd. Finally, The Goldman Sachs Group lowered their price objective on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $131.27.

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.