Greenleaf Trust trimmed its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 3.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,569 shares of the company’s stock after selling 3,857 shares during the quarter. Greenleaf Trust’s holdings in Dollar General were worth $11,548,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in DG. Evergreen Advisors LLC bought a new stake in Dollar General in the first quarter worth about $25,000. Reyes Financial Architecture Inc. bought a new stake in Dollar General during the 3rd quarter valued at $30,000. Pension & Wealth Management Advisors Inc. bought a new position in shares of Dollar General during the 3rd quarter worth $32,000. Nvwm LLC increased its stake in shares of Dollar General by 2,780.0% during the third quarter. Nvwm LLC now owns 288 shares of the company’s stock valued at $34,000 after buying an additional 278 shares during the period. Finally, Rosenberg Matthew Hamilton increased its position in Dollar General by 788.1% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 373 shares of the company’s stock valued at $43,000 after purchasing an additional 331 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.
Dollar General Trading Down 0.2%
Shares of DG opened at $132.02 on Monday. The firm has a 50-day moving average price of $126.34 and a 200 day moving average price of $126.12. The firm has a market capitalization of $29.13 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.76 and a beta of 0.19. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. The firm had revenue of $11.29 billion for 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 firm’s quarterly revenue was up 5.2% on a year-over-year basis. 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. Sell-side analysts forecast 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 issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio is 30.69%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on DG shares. Barclays boosted their price target on Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 8th. Weiss Ratings raised Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 10th. Morgan Stanley increased their price objective on shares of Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Citigroup raised their target price on shares of Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Gordon Haskett raised Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective for the company in a report on Tuesday, October 6th. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $137.96.
View Our Latest Stock Analysis on DG
About Dollar General
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.
See Also
- Five stocks we like better than Dollar General
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
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).
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.
