Merit Financial Group LLC Boosts Holdings in Dollar General Corporation $DG

Merit Financial Group LLC increased its stake in shares of Dollar General Corporation (NYSE:DG) by 76.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,296 shares of the company’s stock after buying an additional 9,633 shares during the quarter. Merit Financial Group LLC’s holdings in Dollar General were worth $2,960,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bryn Mawr Trust Advisors LLC bought a new position in Dollar General during the third quarter valued at $8,803,000. Arista Wealth Management LLC bought a new position in Dollar General during the third quarter valued at $351,000. Allianz Asset Management GmbH grew its holdings in Dollar General by 16.3% during the third quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock valued at $83,263,000 after purchasing an additional 112,862 shares during the period. Park Capital Management LLC WI bought a new position in Dollar General during the fourth quarter valued at $1,245,000. Finally, Westpac Banking Corp grew its holdings in Dollar General by 765.2% during the third quarter. Westpac Banking Corp now owns 9,197 shares of the company’s stock valued at $951,000 after purchasing an additional 8,134 shares during the period. 91.77% of the stock is owned by institutional investors.

Dollar General Price Performance

DG opened at $126.39 on Tuesday. The company has a market capitalization of $27.83 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 2.05 and a beta of 0.34. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $135.03 and a 200-day moving average price of $126.83. Dollar General Corporation has a twelve month low of $86.25 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities analysts expect that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s payout ratio is currently 34.45%.

Analysts Set New Price Targets

DG has been the subject of several research reports. UBS Group reissued a “buy” rating and set a $163.00 price objective on shares of Dollar General in a report on Monday, March 16th. JPMorgan Chase & Co. lifted their target price on shares of Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday, January 9th. Wolfe Research reiterated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Morgan Stanley reduced their target price on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. Finally, Guggenheim reduced their target price on shares of Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $146.54.

Dollar General Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.