Dollar General Corporation $DG Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its stake in shares of Dollar General Corporation (NYSE:DG) by 14.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,721 shares of the company’s stock after purchasing an additional 8,996 shares during the quarter. NewEdge Advisors LLC’s holdings in Dollar General were worth $8,515,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DG. Fideuram Asset Management Ireland dac acquired a new position in Dollar General during the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd increased its stake 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 valued at $25,000 after purchasing an additional 182 shares during the period. Evergreen Advisors LLC bought a new stake in shares of Dollar General during the first quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of 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 buying an additional 79 shares during the last quarter. Finally, Reflection Asset Management acquired a new position in shares of Dollar General during the fourth quarter worth approximately $28,000. Institutional investors own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the subject of a number of recent analyst reports. Daiwa Securities Group decreased their price objective on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. BNP Paribas Exane cut their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Barclays reduced their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and lowered their price target for the company from $140.00 to $110.00 in a report on Friday, May 22nd. Finally, Guggenheim cut their price objective on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Down 0.0%

DG opened at $126.55 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The company has a market capitalization of $27.91 billion, a PE ratio of 17.90, a P/E/G ratio of 1.92 and a beta of 0.23. The stock’s fifty day moving average is $117.74 and its 200-day moving average is $125.52. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the business posted $1.78 earnings per share. The company’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. On average, equities analysts predict that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.

About Dollar General

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.