Mariner LLC increased its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 6.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 576,535 shares of the company’s stock after purchasing an additional 36,945 shares during the quarter. Mariner LLC owned 0.26% of Dollar General worth $76,576,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of DG. Focus Partners Wealth boosted its stake in shares of Dollar General by 155.2% in the 4th quarter. Focus Partners Wealth now owns 36,323 shares of the company’s stock valued at $4,823,000 after buying an additional 22,092 shares during the period. Fieldview Capital Management LLC acquired a new position in Dollar General in the fourth quarter valued at approximately $3,421,000. Landscape Capital Management L.L.C. purchased a new stake in Dollar General in the fourth quarter valued at approximately $11,743,000. Adams Diversified Equity Fund Inc. purchased a new stake in Dollar General in the fourth quarter valued at approximately $18,375,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in Dollar General in the fourth quarter valued at approximately $160,000. 91.77% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on DG shares. Wolfe Research reiterated an “outperform” rating and issued a $165.00 price objective on shares of Dollar General in a research note on Thursday, March 12th. Citigroup cut their price target on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $145.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. Barclays cut their price target on shares of Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Finally, Telsey Advisory Group lowered their target price on Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and a consensus target price of $131.27.
Dollar General Stock Up 1.4%
DG opened at $116.39 on Tuesday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The firm 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 Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The business’s fifty day simple moving average is $113.11 and its 200 day simple moving average is $129.16.
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the company earned $1.78 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.
Dollar General Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio 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.
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