Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Dollar General Corporation (NYSE:DG – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 36,992 shares of the company’s stock, valued at approximately $4,392,000.
Other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its position in shares of Dollar General by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after buying an additional 69 shares during the last quarter. BOKF NA boosted its stake in Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after acquiring an additional 73 shares in the last quarter. Strata Wealth Advisors LLC grew its holdings in Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc increased its position in shares of Dollar General by 1.4% during the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after purchasing an additional 76 shares in the last quarter. Finally, Frank Rimerman Advisors LLC increased its position in shares of Dollar General by 1.7% during the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock worth $614,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.
Analyst Upgrades and Downgrades
DG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Sanford C. Bernstein restated an “outperform” rating and set a $149.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. HSBC cut their price objective on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, June 3rd. Piper Sandler decreased their price objective on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Freedom Capital cut shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $131.27.
Dollar General Price Performance
NYSE:DG opened at $125.92 on Friday. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The stock has a market cap of $27.78 billion, a PE ratio of 17.81, a P/E/G ratio of 1.93 and a beta of 0.25. The stock has a 50 day moving average price of $111.86 and a 200 day moving average price of $127.58.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company’s revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities research analysts expect that Dollar General Corporation will post 7.38 EPS for the current fiscal year.
Dollar General Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s payout ratio is presently 33.38%.
About Dollar General
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.
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