Counterpoint Mutual Funds LLC lifted its position in Dollar General Corporation (NYSE:DG – Free Report) by 395.5% during the 3rd quarter, Holdings Channel reports. The firm owned 23,559 shares of the company’s stock after acquiring an additional 18,804 shares during the period. Counterpoint Mutual Funds LLC’s holdings in Dollar General were worth $2,817,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its holdings in Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in Dollar General during the 1st quarter valued at $25,000. Reflection Asset Management bought a new stake in Dollar General in the 4th quarter worth $28,000. Pension & Wealth Management Advisors Inc. bought a new stake in Dollar General in the 3rd quarter worth $32,000. Finally, Nvwm LLC grew its holdings in Dollar General by 2,780.0% in the 3rd quarter. Nvwm LLC now owns 288 shares of the company’s stock worth $34,000 after acquiring an additional 278 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.
Dollar General Stock Performance
Shares of DG stock opened at $134.29 on Friday. The firm has a market capitalization of $29.63 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 1.83 and a beta of 0.23. The stock has a fifty day moving average of $124.55 and a 200 day moving average of $119.18. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49.
Dollar General (NYSE:DG – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm earned $1.86 EPS. The company’s quarterly 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. As a group, research analysts expect that Dollar General Corporation will post 7.69 earnings per share for the current year.
Dollar General Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s payout ratio is presently 30.69%.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research report on Tuesday, October 6th. Barclays increased their target price on shares of Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a report on Tuesday, September 8th. Citigroup raised their target price on Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Weiss Ratings raised Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Finally, Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average target price of $137.96.
Read Our Latest Report on Dollar General
Dollar General Company Profile
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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