Kestra Advisory Services LLC Sells 6,024 Shares of Dollar General Corporation $DG

Kestra Advisory Services LLC lessened its position in Dollar General Corporation (NYSE:DG) by 10.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 50,338 shares of the company’s stock after selling 6,024 shares during the period. Kestra Advisory Services LLC’s holdings in Dollar General were worth $5,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of DG. Calamos Advisors LLC grew its holdings in Dollar General by 32.9% in the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after buying an additional 60,746 shares during the last quarter. Park Capital Management LLC WI acquired a new position in shares of Dollar General during the fourth quarter worth approximately $1,245,000. Geode Capital Management LLC boosted its position in shares of Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after acquiring an additional 42,936 shares during the period. Norges Bank bought a new stake in shares of Dollar General in the fourth quarter valued at approximately $133,431,000. Finally, Dana Investment Advisors Inc. grew its stake in shares of Dollar General by 36.0% in the fourth quarter. Dana Investment Advisors Inc. now owns 39,170 shares of the company’s stock worth $5,201,000 after acquiring an additional 10,370 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Up 1.0%

Shares of DG stock opened at $121.32 on Thursday. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The stock has a fifty day moving average price of $111.40 and a 200 day moving average price of $127.66. The stock has a market cap of $26.76 billion, a P/E ratio of 17.16, a price-to-earnings-growth ratio of 1.83 and a beta of 0.25.

Dollar General (NYSE:DG) last announced 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. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

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. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DG shares. Piper Sandler dropped their target price on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Oppenheimer decreased their price target on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, May 29th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Loop Capital increased their target price on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $131.27.

Dollar General Company 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.