Templeton & Phillips Capital Management LLC Increases Stake in Dollar General Corporation $DG

Templeton & Phillips Capital Management LLC boosted its holdings in shares of Dollar General Corporation (NYSE:DG) by 0.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,808 shares of the company’s stock after purchasing an additional 698 shares during the quarter. Dollar General comprises about 7.5% of Templeton & Phillips Capital Management LLC’s investment portfolio, making the stock its 4th largest position. Templeton & Phillips Capital Management LLC’s holdings in Dollar General were worth $10,387,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Golden State Wealth Management LLC lifted its holdings in shares of Dollar General by 170.1% in the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock valued at $48,000 after acquiring an additional 342 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Dollar General by 23.8% during the first quarter. Sequoia Financial Advisors LLC now owns 6,759 shares of the company’s stock valued at $594,000 after purchasing an additional 1,300 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Dollar General by 4.2% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 27,567 shares of the company’s stock valued at $2,424,000 after purchasing an additional 1,102 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Dollar General by 0.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 497,549 shares of the company’s stock valued at $43,749,000 after purchasing an additional 3,917 shares during the last quarter. Finally, KBC Group NV boosted its holdings in shares of Dollar General by 5.1% in the 1st quarter. KBC Group NV now owns 36,179 shares of the company’s stock worth $3,181,000 after purchasing an additional 1,750 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on DG. Gordon Haskett decreased their price target on Dollar General from $130.00 to $115.00 in a report on Friday, September 26th. Wells Fargo & Company raised their target price on shares of Dollar General from $105.00 to $115.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Barclays lifted their price target on shares of Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Guggenheim reiterated a “buy” rating and set a $125.00 price target on shares of Dollar General in a report on Friday, August 29th. Finally, Morgan Stanley raised their price objective on shares of Dollar General from $115.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $115.64.

Dollar General Stock Down 1.9%

Shares of DG opened at $99.97 on Thursday. The firm has a fifty day moving average price of $104.79 and a 200-day moving average price of $105.12. The company has a current ratio of 1.25, a quick ratio of 0.27 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $22.00 billion, a P/E ratio of 18.51, a P/E/G ratio of 2.14 and a beta of 0.30. Dollar General Corporation has a 12-month low of $66.43 and a 12-month high of $117.95.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The company had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.68 billion. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the business posted $1.70 EPS. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Equities research analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 7th. This represents a $2.36 annualized dividend and a yield of 2.4%. Dollar General’s dividend payout ratio is 43.70%.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.