Dollar General Corporation $DG Stock: Kestra Advisory Services LLC Boosts Position

Kestra Advisory Services LLC raised its position in shares of Dollar General Corporation (NYSE:DG) by 22.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 60,581 shares of the company’s stock after acquiring an additional 11,000 shares during the quarter. Kestra Advisory Services LLC’s holdings in Dollar General were worth $7,244,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. raised its stake in shares of Dollar General by 4.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 2,286 shares of the company’s stock valued at $273,000 after buying an additional 100 shares during the period. Cidel Asset Management Inc. lifted its position in shares of Dollar General by 2.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company’s stock valued at $530,000 after buying an additional 106 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Dollar General by 2.3% during the 2nd quarter. Ballentine Partners LLC now owns 5,470 shares of the company’s stock worth $630,000 after acquiring an additional 122 shares during the period. Investment Research Partners LLC grew its stake in shares of Dollar General by 6.2% during the 3rd quarter. Investment Research Partners LLC now owns 2,377 shares of the company’s stock worth $284,000 after acquiring an additional 138 shares during the period. Finally, Arkfeld Wealth Strategies L.L.C. increased its holdings in Dollar General by 4.8% in the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 3,060 shares of the company’s stock worth $356,000 after acquiring an additional 139 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DG. HSBC upgraded Dollar General from a “hold” rating to a “buy” rating and boosted their price objective for the company from $125.00 to $160.00 in a research note on Thursday, September 24th. Argus upped their price objective on shares of Dollar General from $165.00 to $170.00 and gave the company a “buy” rating in a report on Friday, September 4th. BNP Paribas Exane increased their target price on shares of Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Finally, Piper Sandler lifted their target price on shares of Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Price Performance

Dollar General stock opened at $137.34 on Thursday. Dollar General Corporation has a one year low of $99.50 and a one year high of $158.23. The business has a fifty day moving average price of $128.16 and a 200-day moving average price of $125.64. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The firm has a market capitalization of $30.30 billion, a P/E ratio of 17.86, a PEG ratio of 1.83 and a beta of 0.19.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The company had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the company posted $1.86 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities research analysts forecast that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, October 6th. Dollar General’s payout ratio is presently 30.69%.

About Dollar General

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.