1,897 Shares in Dollar General Corporation $DG Bought by Texas Yale Capital Corp.

Texas Yale Capital Corp. acquired a new position in Dollar General Corporation (NYSE:DG) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,897 shares of the company’s stock, valued at approximately $217,000.

Several other large investors also recently modified their holdings of DG. Blue Trust Inc. lifted its stake in shares of Dollar General by 5.8% in the second quarter. Blue Trust Inc. now owns 2,005 shares of the company’s stock worth $229,000 after acquiring an additional 110 shares in the last quarter. Tectonic Advisors LLC grew its stake in Dollar General by 1.9% during the 2nd quarter. Tectonic Advisors LLC now owns 6,037 shares of the company’s stock valued at $691,000 after purchasing an additional 113 shares in the last quarter. Ancora Advisors LLC increased its holdings in Dollar General by 1.7% during the 1st quarter. Ancora Advisors LLC now owns 7,258 shares of the company’s stock worth $638,000 after purchasing an additional 122 shares during the last quarter. Harbor Investment Advisory LLC raised its position in shares of Dollar General by 35.2% in the 2nd quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock valued at $56,000 after purchasing an additional 128 shares in the last quarter. Finally, Achmea Investment Management B.V. raised its position in shares of Dollar General by 0.7% in the 2nd quarter. Achmea Investment Management B.V. now owns 19,134 shares of the company’s stock valued at $2,188,000 after purchasing an additional 138 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DG has been the subject of a number of recent analyst reports. Evercore ISI decreased their price target on shares of Dollar General from $114.00 to $112.00 and set an “in-line” rating for the company in a research report on Tuesday, October 7th. JPMorgan Chase & Co. increased their price objective on shares of Dollar General from $109.00 to $115.00 and gave the company a “neutral” rating in a research note on Monday, October 27th. Wolfe Research began coverage on shares of Dollar General in a report on Thursday, September 18th. They set an “outperform” rating and a $139.00 price objective for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a research report on Wednesday. Finally, Morgan Stanley upped their target price on shares of Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and an average target price of $115.64.

Dollar General Stock Up 3.5%

DG stock opened at $99.27 on Friday. The firm has a market cap of $21.85 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 2.10 and a beta of 0.30. Dollar General Corporation has a 1-year low of $66.43 and a 1-year high of $117.95. The firm has a fifty day moving average price of $103.05 and a two-hundred day moving average price of $105.44. 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 (NYSE:DG) last posted its quarterly earnings results on Thursday, August 28th. The company reported $1.86 EPS 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 business had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.68 billion. During the same period in the previous year, the business posted $1.70 EPS. The company’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. Research analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 7th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Tuesday, October 7th. Dollar General’s dividend payout ratio is presently 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.