Kestra Advisory Services LLC Has $5.98 Million Stock Position in Dollar General Corporation $DG

Kestra Advisory Services LLC reduced its holdings in Dollar General Corporation (NYSE:DG) by 10.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,338 shares of the company’s stock after selling 6,024 shares during the period. Kestra Advisory Services LLC’s holdings in Dollar General were worth $5,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares in the last quarter. Reflection Asset Management acquired a new position in Dollar General in the 4th quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Dollar General in the 4th quarter valued at approximately $31,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DG has been the subject of a number of research reports. HSBC decreased their target price on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, June 3rd. Piper Sandler cut their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Loop Capital lifted their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Rothschild & Co Redburn lowered their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $149.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Up 1.0%

DG stock opened at $121.32 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a fifty day simple moving average of $111.40 and a 200 day simple moving average of $127.66. The firm has a market cap of $26.76 billion, a PE ratio of 17.16, a PEG ratio of 1.83 and a beta of 0.25.

Dollar General (NYSE:DG) last posted its earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping 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 the consensus estimate of $10.81 billion. During the same period in the prior year, the business posted $1.78 earnings per share. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is 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 currently 33.38%.

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.