Dollar General Corporation $DG Holdings Raised by NewEdge Advisors LLC

NewEdge Advisors LLC increased its stake in Dollar General Corporation (NYSE:DG) by 14.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,721 shares of the company’s stock after purchasing an additional 8,996 shares during the quarter. NewEdge Advisors LLC’s holdings in Dollar General were worth $8,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Keel Point LLC acquired a new stake in Dollar General during the 1st quarter worth about $393,000. Summitry LLC boosted its holdings in shares of Dollar General by 5.5% in the first quarter. Summitry LLC now owns 8,654 shares of the company’s stock worth $1,027,000 after buying an additional 454 shares during the period. Vestor Capital LLC boosted its holdings in shares of Dollar General by 663.8% in the first quarter. Vestor Capital LLC now owns 28,979 shares of the company’s stock worth $3,441,000 after buying an additional 25,185 shares during the period. Western Wealth Management LLC purchased a new position in shares of Dollar General in the first quarter worth approximately $396,000. Finally, Kentucky Retirement Systems raised its holdings in shares of Dollar General by 76.4% during the first quarter. Kentucky Retirement Systems now owns 24,325 shares of the company’s stock valued at $2,888,000 after acquiring an additional 10,534 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG opened at $126.55 on Monday. The company’s 50 day moving average price is $117.74 and its 200 day moving average price is $125.52. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a market capitalization of $27.91 billion, a PE ratio of 17.90, a PEG ratio of 1.92 and a beta of 0.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.

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, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the prior year, the business earned $1.78 EPS. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts expect that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s dividend payout ratio is 33.38%.

Analysts Set New Price Targets

Several brokerages recently commented on DG. Deutsche Bank Aktiengesellschaft upped their price target on shares of Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Evercore cut their target price on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a report on Wednesday, July 8th. BNP Paribas Exane decreased their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $131.27.

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.