One Way Holdings LLC Makes New Investment in Dollar General Corporation $DG

One Way Holdings LLC purchased a new stake in Dollar General Corporation (NYSE:DG – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund purchased 95,340 shares of the company’s stock, valued at approximately $11,401,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in Dollar General in the second quarter valued at about $162,412,000. Flossbach Von Storch SE bought a new stake in shares of Dollar General during the second quarter valued at approximately $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Dollar General in the 2nd quarter worth approximately $50,887,000. Renaissance Technologies LLC raised its stake in shares of Dollar General by 121.3% during the first quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock valued at $83,610,000 after purchasing an additional 386,000 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in Dollar General in the 2nd quarter valued at about $33,649,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DG. Guggenheim reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Dollar General in a research note on Monday, August 31st. Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research report on Tuesday, October 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $160.00 target price on shares of Dollar General in a research report on Friday, August 28th. BNP Paribas Exane raised their price objective on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a report on Tuesday, August 25th. 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’s stock. According to MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average price target of $137.96.

Check Out Our Latest Stock Report on DG

Dollar General Price Performance

Dollar General stock opened at $132.02 on Monday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year 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. The firm has a market capitalization of $29.13 billion, a P/E ratio of 17.17, a PEG ratio of 1.76 and a beta of 0.19. The business has a 50-day moving average of $126.34 and a 200-day moving average of $126.12.

Dollar General (NYSE:DG – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. The firm had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities analysts anticipate that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s payout ratio is presently 30.69%.

Dollar General Company Profile

(Free Report)

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.

Recommended Stories

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DG – Free Report).

Institutional Ownership by Quarter for Dollar General (NYSE:DG)

Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter.