Cumberland Partners Ltd Acquires New Shares in Dollar General Corporation $DG

Cumberland Partners Ltd bought a new stake in Dollar General Corporation (NYSE:DG) during the first quarter, Holdings Channel reports. The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $712,000.

Other hedge funds also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General during the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd increased its holdings in 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 buying an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new position in Dollar General in the first quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised 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 acquiring an additional 79 shares in the last quarter. Finally, Reflection Asset Management bought a new position in Dollar General during the fourth quarter valued at approximately $28,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Trading Up 1.8%

NYSE:DG opened at $117.28 on Friday. The company’s 50 day moving average is $113.54 and its 200-day moving average is $127.06. 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 firm has a market cap of $25.87 billion, a price-to-earnings ratio of 16.59, a P/E/G ratio of 1.78 and a beta of 0.25.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (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 business had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the firm earned $1.78 EPS. Dollar General’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. Equities analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Raymond James Financial reissued an “outperform” rating and issued a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Oppenheimer cut their price target on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 29th. Daiwa Securities Group decreased their price objective on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. BMO Capital Markets lowered their target price on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Finally, Piper Sandler cut their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Company 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.