Cantor Fitzgerald Investment Advisors L.P. grew its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 4.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,463 shares of the company’s stock after buying an additional 4,213 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Dollar General were worth $12,372,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of DG. SG Americas Securities LLC increased its stake in Dollar General by 2,208.2% in the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock valued at $184,615,000 after purchasing an additional 1,487,554 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Dollar General during the second quarter valued at about $162,412,000. Flossbach Von Storch SE bought a new position in shares of Dollar General during the 2nd quarter worth about $81,178,000. Employees Provident Fund Board bought a new position in shares of Dollar General during the 4th quarter worth about $77,783,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Dollar General in the 2nd quarter valued at about $50,887,000. Institutional investors and hedge funds own 91.77% of the company’s stock.
Dollar General Stock Performance
Shares of Dollar General stock opened at $133.77 on Friday. The business’s fifty day simple moving average is $124.40 and its 200 day simple moving average is $119.07. The firm has a market capitalization of $29.51 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 1.77 and a beta of 0.23. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49.
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $11.20 billion. During the same quarter in the previous year, the firm posted $1.86 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, analysts anticipate that Dollar General Corporation will post 7.69 EPS for the current year.
Dollar General Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be given a $0.59 dividend. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. Dollar General’s payout ratio is 30.69%.
Analyst Upgrades and Downgrades
A number of brokerages have commented on DG. Citigroup raised their price objective on Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Wall Street Zen raised Dollar General from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Piper Sandler increased their target price on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Morgan Stanley increased their target price on Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Finally, The Goldman Sachs Group lifted their price target on shares of Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $137.96.
Read Our Latest Stock Analysis on Dollar General
About Dollar General
Dollar General Corporation (NYSE: DG) operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.
The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.
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