Efficient Advisors LLC Makes New $509,000 Investment in Dollar General Corporation $DG

Efficient Advisors LLC bought a new position in Dollar General Corporation (NYSE:DG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,454 shares of the company’s stock, valued at approximately $509,000.

A number of other large investors also recently made changes to their positions in the company. Ballentine Partners LLC purchased a new position in Dollar General in the 1st quarter valued at approximately $411,000. Sprucegrove Investment Management Ltd. bought a new position in shares of Dollar General in the second quarter worth $4,430,000. AustralianSuper Pty Ltd purchased a new position in shares of Dollar General in the second quarter valued at $1,042,000. Blair William & Co. IL raised its stake in shares of Dollar General by 52.0% during the 2nd quarter. Blair William & Co. IL now owns 5,665 shares of the company’s stock valued at $648,000 after purchasing an additional 1,938 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of Dollar General by 6.3% during the 2nd quarter. HB Wealth Management LLC now owns 6,667 shares of the company’s stock valued at $763,000 after purchasing an additional 393 shares during the period. 91.77% of the stock is owned by institutional investors.

Dollar General Trading Up 3.5%

Shares of Dollar General stock opened at $99.27 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 0.27. Dollar General Corporation has a 1 year low of $66.43 and a 1 year high of $117.95. The firm has a market cap of $21.85 billion, a PE ratio of 18.38, a PEG ratio of 2.10 and a beta of 0.30. The company has a 50 day simple moving average of $103.05 and a two-hundred day simple moving average of $105.44.

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

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th were paid a dividend of $0.59 per share. 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 payout ratio is 43.70%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. UBS Group lifted their target price on Dollar General from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, August 29th. Truist Financial raised their price objective on shares of Dollar General from $119.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, August 29th. Wolfe Research began coverage on shares of Dollar General in a research note on Thursday, September 18th. They set an “outperform” rating and a $139.00 price objective for the company. Telsey Advisory Group set a $123.00 target price on shares of Dollar General in a research note on Friday, August 29th. Finally, Wells Fargo & Company raised their price target on shares of Dollar General from $105.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $115.64.

Dollar General 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.