Laurel Wealth Advisors LLC lowered its holdings in Dollar General Corporation (NYSE:DG – Free Report) by 99.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,901 shares of the company’s stock after selling 1,194,292 shares during the period. Laurel Wealth Advisors LLC’s holdings in Dollar General were worth $1,023,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of DG. Elevation Point Wealth Partners LLC purchased a new position in Dollar General in the 2nd quarter worth approximately $25,000. Caldwell Trust Co purchased a new stake in shares of Dollar General during the second quarter valued at approximately $25,000. Atlantic Union Bankshares Corp acquired a new position in shares of Dollar General during the second quarter worth $26,000. Root Financial Partners LLC purchased a new position in shares of Dollar General in the third quarter valued at $26,000. Finally, Peoples Financial Services CORP. acquired a new stake in Dollar General during the 3rd quarter valued at $35,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: An analyst upgrade helped push DG to a new one‑year high, attracting momentum traders and headline interest that supported the rally. Dollar General (NYSE:DG) Hits New 1-Year High After Analyst Upgrade
- Positive Sentiment: Oppenheimer published a bullish note forecasting strong price appreciation for DG, which likely reinforced the upgrade-driven buying and helped lift sentiment among institutional investors. Oppenheimer Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock
- Positive Sentiment: Sector pieces from Zacks and Yahoo Finance singled out discount retailers (including DG) as well‑positioned for better pricing, inventory and operational execution, reinforcing a constructive industry backdrop. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
- Neutral Sentiment: Local expansion: a new Tyrone DG Market is expected to open in spring — a small, localized growth signal that supports store‑level footprint expansion but is unlikely to move the stock materially on its own. Briefcase: Tyrone DG Market expected to open in spring
- Negative Sentiment: Rothschild & Co Redburn issued FY2029 EPS estimate of $6.92 but kept a “Sell” rating and a $111 price target — a bearish analyst stance that could cap upside and increase volatility despite other bullish notes.
Dollar General Stock Up 1.4%
Dollar General (NYSE:DG – Get Free Report) last posted its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period in the previous year, the business posted $0.89 EPS. Dollar General’s revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, sell-side analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.
Dollar General Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.5%. Dollar General’s payout ratio is presently 40.76%.
Analysts Set New Price Targets
DG has been the topic of a number of recent analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $135.00 price objective on shares of Dollar General in a report on Friday, December 5th. Citigroup lifted their target price on Dollar General from $112.00 to $138.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Oppenheimer upped their price target on shares of Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Sanford C. Bernstein upped their price objective on Dollar General from $141.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Finally, Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $145.85.
Read Our Latest Analysis on DG
Insider Activity at Dollar General
In related news, EVP Carman R. Wenkoff sold 19,166 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $132.01, for a total value of $2,530,103.66. Following the completion of the sale, the executive vice president owned 43,179 shares of the company’s stock, valued at $5,700,059.79. This represents a 30.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Tracey N. Herrmann sold 12,583 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following the completion of the transaction, the executive vice president owned 30,948 shares of the company’s stock, valued at $3,870,666.36. This represents a 28.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,673 shares of company stock worth $7,713,389 in the last ninety days. 0.56% of the stock is currently owned by corporate insiders.
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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