Sanctuary Advisors LLC Boosts Position in Dollar General Corporation $DG

Sanctuary Advisors LLC grew its holdings in Dollar General Corporation (NYSE:DG) by 22.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,468 shares of the company’s stock after acquiring an additional 5,666 shares during the period. Sanctuary Advisors LLC’s holdings in Dollar General were worth $3,736,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DG. Caitong International Asset Management Co. Ltd lifted its position in Dollar General by 4,550.0% during 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. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General during the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Dollar General by 69.3% during 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 last quarter. Reflection Asset Management purchased a new position in shares of Dollar General during the 4th quarter valued at about $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Dollar General in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Oppenheimer lowered their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Morgan Stanley decreased their price target on Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Jefferies Financial Group decreased their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Rothschild & Co Redburn dropped their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Finally, HSBC dropped their price objective on shares of Dollar General from $141.00 to $125.00 and set a “hold” 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 given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

NYSE DG opened at $125.92 on Monday. The stock has a market capitalization of $27.78 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 1.91 and a beta of 0.25. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. 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 50-day moving average of $111.86 and a 200 day moving average of $127.51.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (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 company 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 posted $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 anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is 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.