3,584 Shares in Dollar General Corporation $DG Purchased by Triad Wealth Partners LLC

Triad Wealth Partners LLC acquired a new stake in Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,584 shares of the company’s stock, valued at approximately $370,000.

Other hedge funds also recently bought and sold shares of the company. Caldwell Trust Co purchased a new stake in shares of Dollar General in the 2nd quarter valued at approximately $25,000. Elevation Point Wealth Partners LLC acquired a new stake in Dollar General in the 2nd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new stake in Dollar General in the second quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in Dollar General during the third quarter worth $26,000. Finally, Peoples Financial Services CORP. purchased a new position in shares of Dollar General during the third quarter worth $35,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Down 1.7%

Shares of Dollar General stock opened at $144.68 on Friday. Dollar General Corporation has a 52-week low of $69.32 and a 52-week high of $154.75. The company has a 50 day moving average of $129.20 and a 200 day moving average of $114.48. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $31.85 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.67 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its quarterly earnings data 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 net margin of 3.03% and a return on equity of 18.59%. The company had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.60 billion. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, research analysts forecast that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were 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 of this dividend was Tuesday, January 6th. Dollar General’s dividend payout ratio is currently 40.76%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DG shares. Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Barclays boosted their price target on shares of Dollar General from $127.00 to $151.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. UBS Group raised their price objective on shares of Dollar General from $135.00 to $143.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Sanford C. Bernstein upped their target price on shares of Dollar General from $141.00 to $150.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Finally, Guggenheim raised their price target 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. Fourteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $140.19.

Insiders Place Their Bets

In other news, EVP Carman R. 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 transaction of $2,530,103.66. Following the sale, the executive vice president owned 43,179 shares of the company’s stock, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anita C. Elliott sold 2,516 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $132.52, for a total value of $333,420.32. Following the sale, the chief accounting officer owned 29,344 shares of the company’s stock, valued at approximately $3,888,666.88. The trade was a 7.90% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is currently owned by company insiders.

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.