Wilmington Savings Fund Society FSB Has $3.67 Million Position in Dollar General Corporation $DG

Wilmington Savings Fund Society FSB raised its position in Dollar General Corporation (NYSE:DG) by 3,533.3% during the third quarter, HoldingsChannel.com reports. The firm owned 35,534 shares of the company’s stock after buying an additional 34,556 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Dollar General were worth $3,672,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DG. Cardinal Point Capital Management ULC grew its stake in shares of Dollar General by 5.0% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 2,120 shares of the company’s stock valued at $219,000 after buying an additional 100 shares in the last quarter. Brooks Moore & Associates Inc. grew its position in Dollar General by 1.3% in the third quarter. Brooks Moore & Associates Inc. now owns 7,590 shares of the company’s stock worth $784,000 after acquiring an additional 100 shares in the last quarter. Meridian Wealth Management LLC boosted its holdings in Dollar General by 5.5% in the third quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock worth $202,000 after purchasing an additional 102 shares in the last quarter. Accurate Wealth Management LLC lifted its position in shares of Dollar General by 1.2% in the third quarter. Accurate Wealth Management LLC now owns 9,182 shares of the company’s stock worth $952,000 after buying an additional 108 shares during the last quarter. Finally, Stablepoint Partners LLC raised its stake in shares of Dollar General by 0.6% in the 2nd quarter. Stablepoint Partners LLC now owns 17,474 shares of the company’s stock valued at $1,999,000 after acquiring an additional 110 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DG. Morgan Stanley reduced their price objective 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. BMO Capital Markets upped their price target on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Gordon Haskett raised their price target on Dollar General from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price objective on the stock in a research note on Thursday, January 8th. Finally, Raymond James Financial restated an “outperform” rating and set a $135.00 target price on shares of Dollar General in a research note on Friday, December 5th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and a consensus target price of $145.33.

Insider Activity at Dollar General

In related news, EVP Bryan D. Wheeler sold 9,776 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $135.32, for a total value of $1,322,888.32. Following the completion of the transaction, the executive vice president directly owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This trade represents a 30.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.56% of the company’s stock.

Dollar General Stock Performance

NYSE:DG opened at $126.66 on Thursday. The firm’s 50-day moving average is $147.00 and its 200-day moving average is $124.13. The company has a market cap of $27.88 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 2.12 and a beta of 0.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. Dollar General Corporation has a 52-week low of $80.51 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same quarter last year, the company earned $0.87 earnings per share. The firm’s revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

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

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.