Cullen Frost Bankers Inc. Has $7.34 Million Stock Holdings in Dollar General Corporation $DG

Cullen Frost Bankers Inc. grew its stake in Dollar General Corporation (NYSE:DGFree Report) by 41.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,279 shares of the company’s stock after buying an additional 16,242 shares during the period. Cullen Frost Bankers Inc.’s holdings in Dollar General were worth $7,339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Dollar General by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after buying an additional 1,185 shares during the period. NewEdge Advisors LLC increased its stake in shares of Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares during the period. Woodline Partners LP increased its stake in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Dollar General in the second quarter valued at about $211,000. Finally, Jump Financial LLC acquired a new stake in shares of Dollar General in the second quarter valued at about $209,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the subject of several recent research reports. Guggenheim decreased their price target on Dollar General from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, March 13th. UBS Group reissued a “buy” rating and issued a $163.00 price target on shares of Dollar General in a research note on Monday, March 16th. Wolfe Research reaffirmed an “outperform” rating and set a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Morgan Stanley decreased their target price on 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Thirteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $143.62.

View Our Latest Stock Analysis on Dollar General

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

Dollar General Trading Up 1.0%

Shares of Dollar General stock opened at $104.53 on Thursday. 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 $95.11 and a 52 week high of $158.23. The stock has a 50 day moving average price of $119.58 and a two-hundred day moving average price of $128.31. The stock has a market capitalization of $23.02 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 1.67 and a beta of 0.28.

Dollar General (NYSE:DGGet Free Report) last announced its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.Dollar General’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities analysts anticipate that Dollar General Corporation will post 7.28 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.3%. Dollar General’s payout ratio is presently 34.45%.

About Dollar General

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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