Dollar General Corporation $DG Position Raised by NewEdge Advisors LLC

NewEdge Advisors LLC raised its position in shares of Dollar General Corporation (NYSE:DG) by 12.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,427 shares of the company’s stock after purchasing an additional 7,702 shares during the quarter. NewEdge Advisors LLC’s holdings in Dollar General were worth $8,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DG. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd lifted its stake in Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after acquiring an additional 182 shares in the last quarter. Evergreen Advisors LLC acquired a new position in shares of Dollar General in the 1st quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Dollar General by 69.3% in the 4th 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 period. Finally, Reflection Asset Management purchased a new stake in shares of Dollar General in the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

DG has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft increased their price objective on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. HSBC cut their target price on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, June 3rd. Jefferies Financial Group lowered their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Loop Capital lifted their price objective on Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group dropped their price objective on Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Dollar General presently has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Down 0.7%

DG opened at $127.72 on Friday. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The company has a market capitalization of $28.17 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.96 and a beta of 0.25. 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 firm’s fifty day moving average price is $115.27 and its two-hundred day moving average price is $126.48.

Dollar General (NYSE:DG) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. The business 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 firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.

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.