Dollar General (NYSE:DG) EVP Carman Wenkoff Sells 19,166 Shares

Dollar General Corporation (NYSE:DG) EVP Carman Wenkoff sold 19,166 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was 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 in the company, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dollar General Trading Up 0.2%

Shares of NYSE:DG traded up $0.29 during trading on Friday, reaching $132.97. 4,592,461 shares of the stock were exchanged, compared to its average volume of 3,646,299. Dollar General Corporation has a 12-month low of $66.43 and a 12-month high of $135.08. The firm’s 50-day moving average price is $105.70 and its 200 day moving average price is $108.15. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The firm has a market cap of $29.27 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 2.29 and a beta of 0.27.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company had revenue of $10.65 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the previous year, the firm earned $0.89 earnings per share. Dollar General’s revenue for the quarter was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, sell-side analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is 40.76%.

Wall Street Analyst Weigh In

DG has been the topic of a number of recent research reports. UBS Group upped their target price on Dollar General from $135.00 to $143.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Wells Fargo & Company upped their price target on Dollar General from $105.00 to $115.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Guggenheim increased their price objective on shares of Dollar General from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Gordon Haskett raised shares of Dollar General from an “accumulate” rating to a “buy” rating in a research report on Thursday, December 4th. Finally, Wall Street Zen raised shares of Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $127.60.

Institutional Trading of Dollar General

Institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC acquired a new position in Dollar General in the second quarter worth $101,000. Vanguard Group Inc. lifted its position in shares of Dollar General by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after buying an additional 384,447 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Dollar General by 483.1% in the 2nd quarter. Empowered Funds LLC now owns 30,630 shares of the company’s stock valued at $3,503,000 after buying an additional 25,377 shares during the period. Korea Investment CORP boosted its holdings in shares of Dollar General by 1.6% in the 2nd quarter. Korea Investment CORP now owns 155,275 shares of the company’s stock valued at $17,760,000 after buying an additional 2,511 shares during the period. Finally, Rockefeller Capital Management L.P. grew its position in shares of Dollar General by 228.3% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 34,647 shares of the company’s stock valued at $3,963,000 after buying an additional 24,094 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.