Dollar General Corporation $DG Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC reduced its position in shares of Dollar General Corporation (NYSE:DG) by 99.2% in the third quarter, HoldingsChannel.com reports. The firm owned 9,901 shares of the company’s stock after selling 1,194,292 shares during the period. Laurel Wealth Advisors LLC’s holdings in Dollar General were worth $1,023,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cardinal Point Capital Management ULC lifted its holdings in shares of Dollar General by 5.0% in the third quarter. Cardinal Point Capital Management ULC now owns 2,120 shares of the company’s stock valued at $219,000 after buying an additional 100 shares during the period. Meridian Wealth Management LLC raised its position in Dollar General by 5.5% in the third quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock worth $202,000 after acquiring an additional 102 shares in the last quarter. Accurate Wealth Management LLC lifted its holdings in Dollar General by 1.2% in the 3rd quarter. Accurate Wealth Management LLC now owns 9,182 shares of the company’s stock valued at $952,000 after acquiring an additional 108 shares during the last quarter. Stablepoint Partners LLC boosted its position in shares of Dollar General by 0.6% during the 2nd quarter. Stablepoint Partners LLC now owns 17,474 shares of the company’s stock valued at $1,999,000 after purchasing an additional 110 shares in the last quarter. Finally, Wedmont Private Capital grew its stake in shares of Dollar General by 2.1% in the 3rd quarter. Wedmont Private Capital now owns 5,810 shares of the company’s stock worth $560,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Daiwa Securities Group increased their target price on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Oppenheimer increased their price objective on Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. The Goldman Sachs Group upgraded Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Guggenheim boosted their target price on Dollar General from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Gordon Haskett increased their price target on Dollar General from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Fourteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $145.85.

Key Dollar General News

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

• Positive Sentiment: An analyst upgrade helped push DG to a new one‑year high, attracting momentum traders and headline interest that supported the rally. Dollar General (NYSE:DG) Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Oppenheimer published a bullish note forecasting strong price appreciation for DG, which likely reinforced the upgrade-driven buying and helped lift sentiment among institutional investors. Oppenheimer Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock
• Positive Sentiment: Sector pieces from Zacks and Yahoo Finance singled out discount retailers (including DG) as well‑positioned for better pricing, inventory and operational execution, reinforcing a constructive industry backdrop. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Local expansion: a new Tyrone DG Market is expected to open in spring — a small, localized growth signal that supports store‑level footprint expansion but is unlikely to move the stock materially on its own. Briefcase: Tyrone DG Market expected to open in spring
• Negative Sentiment: Rothschild & Co Redburn issued FY2029 EPS estimate of $6.92 but kept a “Sell” rating and a $111 price target — a bearish analyst stance that could cap upside and increase volatility despite other bullish notes.

Dollar General Stock Performance

Shares of DG opened at $156.13 on Monday. Dollar General Corporation has a 52 week low of $70.01 and a 52 week high of $158.23. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The company has a market capitalization of $34.37 billion, a PE ratio of 26.97, a PEG ratio of 2.58 and a beta of 0.23. The company’s 50 day moving average price is $145.74 and its 200 day moving average price is $121.49.

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. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The business had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the company posted $0.89 EPS. Dollar General’s revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Research analysts expect that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were paid a $0.59 dividend. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.5%. Dollar General’s payout ratio is 40.76%.

Insider Buying and Selling

In related news, EVP Carman R. Wenkoff sold 19,166 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $132.01, for a total value of $2,530,103.66. Following the transaction, the executive vice president owned 43,179 shares in the company, valued at approximately $5,700,059.79. This represents a 30.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction of $1,573,755.81. Following the transaction, the executive vice president directly owned 30,948 shares in the company, valued at approximately $3,870,666.36. The trade was a 28.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 58,673 shares of company stock worth $7,713,389. Insiders own 0.56% of the company’s stock.

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.