Integrated Wealth Concepts LLC Has $4.02 Million Stock Holdings in Dollar General Corporation $DG

Integrated Wealth Concepts LLC decreased its holdings in Dollar General Corporation (NYSE:DG) by 11.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,908 shares of the company’s stock after selling 4,296 shares during the period. Integrated Wealth Concepts LLC’s holdings in Dollar General were worth $4,018,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its stake in Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after buying an additional 69 shares in the last quarter. Strata Wealth Advisors LLC grew its position in Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after acquiring an additional 75 shares during the last quarter. Optimize Financial Inc raised its stake in Dollar General by 1.4% during the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after acquiring an additional 76 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares in the last quarter. Finally, Rexford Capital Inc. boosted its stake in shares of Dollar General by 2.1% in the 4th quarter. Rexford Capital Inc. now owns 3,859 shares of the company’s stock valued at $512,000 after purchasing an additional 81 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Telsey Advisory Group lifted their price target on shares of Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, August 28th. Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Barclays raised their target price on shares of Dollar General from $148.00 to $151.00 and gave the company an “overweight” rating in a research report on Tuesday. Guggenheim reiterated a “buy” rating and set a $140.00 price target on shares of Dollar General in a report on Monday, August 31st. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. 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 company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $135.46.

Dollar General Stock Performance

Dollar General stock opened at $124.83 on Friday. The business has a 50 day moving average of $123.79 and a 200-day moving average of $121.67. The company has a market capitalization of $27.54 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.70 and a beta of 0.23. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the company earned $1.86 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities research analysts predict that Dollar General Corporation will post 7.68 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General’s payout ratio is 30.69%.

Dollar General Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.