Dollar General Corporation $DG Stock Holdings Lifted by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB grew its position in Dollar General Corporation (NYSE:DG) by 3,840.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,541 shares of the company’s stock after purchasing an additional 37,563 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Dollar General were worth $3,983,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Dollar General by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC increased its position in Dollar General by 12.3% during the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP raised its holdings in Dollar General by 40.7% during 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 in the last quarter. Voya Investment Management LLC lifted its position in shares of Dollar General by 0.7% in the first quarter. Voya Investment Management LLC now owns 65,707 shares of the company’s stock worth $5,778,000 after buying an additional 432 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Dollar General by 28.3% during the 2nd quarter. Parallel Advisors LLC now owns 2,267 shares of the company’s stock worth $259,000 after acquiring an additional 500 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on DG. Morgan Stanley raised their price objective on Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday. Sanford C. Bernstein lifted their price target on shares of Dollar General from $141.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Evercore ISI upped their price objective on shares of Dollar General from $130.00 to $135.00 and gave the stock an “in-line” rating in a report on Tuesday, December 23rd. Daiwa Capital Markets raised their target price on shares of Dollar General from $113.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Finally, Piper Sandler raised their price target on Dollar General from $117.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Dollar General has a consensus rating of “Moderate Buy” and a consensus target price of $140.19.

Insiders Place Their Bets

In related news, EVP Carman R. Wenkoff sold 19,166 shares of the 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 transaction, 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 at this hyperlink. Also, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $132.52, for a total transaction of $333,420.32. Following the transaction, the chief accounting officer owned 29,344 shares of the company’s stock, valued at approximately $3,888,666.88. This represents a 7.90% 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 valued at $7,713,389 over the last 90 days. Company insiders own 0.56% of the company’s stock.

Dollar General Price Performance

Shares of DG stock opened at $148.76 on Friday. Dollar General Corporation has a 12 month low of $68.10 and a 12 month high of $154.75. The company has a market capitalization of $32.75 billion, a P/E ratio of 25.69, a P/E/G ratio of 2.75 and a beta of 0.26. The stock has a 50 day moving average of $125.72 and a two-hundred day moving average of $113.59. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period in the prior year, the company posted $0.89 earnings per share. 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, equities analysts expect 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 will be paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 6th. Dollar General’s payout ratio is 40.76%.

Dollar General Profile

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.