Dollar General Corporation $DG Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 22.0% in the first quarter, Holdings Channel reports. The firm owned 31,468 shares of the company’s stock after buying an additional 5,666 shares during the period. Sanctuary Advisors LLC’s holdings in Dollar General were worth $3,736,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after buying an additional 412,542 shares during the last quarter. State Street Corp increased its stake in Dollar General by 0.5% during the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after buying an additional 53,624 shares in the last quarter. Morgan Stanley raised its holdings in shares of Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after acquiring an additional 1,624,748 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after acquiring an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Dollar General by 47.9% in the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after acquiring an additional 1,208,892 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DG. Oppenheimer lowered their price target on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Citigroup decreased their price objective on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Daiwa Securities Group lowered their target price on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. The Goldman Sachs Group lowered their target price on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of Dollar General stock opened at $125.92 on Monday. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The company has a market cap of $27.78 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 1.91 and a beta of 0.25. 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 business’s 50 day moving average price is $111.86 and its 200 day moving average price is $127.51.

Dollar General (NYSE:DG) last released its quarterly earnings data 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 company had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend 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.