Huber Capital Management LLC Has $23.11 Million Holdings in Dollar General Corporation $DG

Huber Capital Management LLC reduced its position in Dollar General Corporation (NYSE:DG) by 9.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 174,092 shares of the company’s stock after selling 18,720 shares during the period. Dollar General accounts for 3.4% of Huber Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Huber Capital Management LLC’s holdings in Dollar General were worth $23,114,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in DG. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General in the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the period. Eastern Bank acquired a new stake in shares of Dollar General in the 4th quarter valued at $35,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Dollar General in the 4th quarter valued at $36,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Dollar General in the 4th quarter valued at $39,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Up 0.5%

Shares of Dollar General stock opened at $114.90 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The business has a fifty day simple moving average of $113.17 and a 200 day simple moving average of $128.89. The stock has a market cap of $25.35 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 1.75 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the previous year, the firm earned $1.78 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DG. Sanford C. Bernstein reissued an “outperform” rating and issued a $149.00 target price on shares of Dollar General in a research note on Wednesday, June 3rd. Truist Financial lifted their target price on Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Loop Capital lifted their price objective on Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 price objective on shares of Dollar General in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $131.27.

Key Stories Impacting Dollar General

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

• Positive Sentiment: Multiple analysts raised longer-term earnings estimates for Dollar General, signaling improved profit expectations and supporting the stock’s outlook.
• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $165 price target, reflecting a constructive view on the shares.
• Positive Sentiment: Coverage emphasized Dollar General’s appeal as a defensive retailer as consumers trade down amid inflation and economic uncertainty. Article Title
• Neutral Sentiment: Technical commentary says the stock is trying to stage a short-term turnaround after finding support near the $100 level, but the broader technical picture is still weak. Article Title
• Neutral Sentiment: Dollar General announced officer appointments and a charitable donation to the American Red Cross, which are positive corporate updates but likely limited near-term stock impact. Article Title

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.