SG Americas Securities LLC Purchases 1,487,554 Shares of Dollar General Corporation $DG

SG Americas Securities LLC increased its position in shares of Dollar General Corporation (NYSE:DG) by 2,208.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,554,918 shares of the company’s stock after purchasing an additional 1,487,554 shares during the quarter. SG Americas Securities LLC’s holdings in Dollar General were worth $184,615,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust increased its stake in Dollar General by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after buying an additional 69 shares during the last quarter. BOKF NA boosted its stake in shares of Dollar General by 15.2% in the 4th quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after buying an additional 73 shares during the last quarter. Strata Wealth Advisors LLC boosted its stake in shares of Dollar General by 3.3% in the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after buying an additional 75 shares during the last quarter. Optimize Financial Inc grew its holdings in shares of Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after acquiring an additional 76 shares in the last quarter. Finally, Tevis Investment Management grew its holdings in shares of Dollar General by 0.5% in the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock valued at $1,721,000 after acquiring an additional 77 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DG has been the topic of a number of recent analyst reports. Citigroup dropped their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Piper Sandler reduced their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and set a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $149.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $131.27.

Dollar General Trading Down 0.0%

NYSE:DG opened at $113.41 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $25.02 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.26. The firm’s 50 day moving average is $112.32 and its 200 day moving average is $129.25. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS 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 for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the prior year, the business earned $1.78 earnings per share. Dollar General’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Sell-side analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

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

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.