Tidal Investments LLC Purchases 19,024 Shares of Dollar General Corporation $DG

Tidal Investments LLC increased its holdings in Dollar General Corporation (NYSE:DG) by 31.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,326 shares of the company’s stock after purchasing an additional 19,024 shares during the quarter. Tidal Investments LLC’s holdings in Dollar General were worth $9,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd increased its position in Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares in the last quarter. Evergreen Advisors LLC bought a new position in Dollar General during the 1st quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 buying an additional 79 shares during the last quarter. Finally, Reflection Asset Management bought a new stake in Dollar General in the fourth quarter worth $28,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Price Performance

Shares of Dollar General stock opened at $124.83 on Friday. The stock’s fifty day moving average is $123.79 and its 200 day moving average is $121.67. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock has a market cap of $27.54 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.70 and a beta of 0.23.

Dollar General (NYSE:DG) last announced 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 during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the company posted $1.86 EPS. The firm’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.68 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s payout ratio is 30.69%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Gordon Haskett cut Dollar General from a “buy” rating to a “hold” rating and cut their target price for the stock from $140.00 to $110.00 in a research note on Friday, May 22nd. Argus lifted their price target on Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Evercore dropped their price target on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Guggenheim reissued a “buy” rating and set a $140.00 price objective on shares of Dollar General in a research report on Monday, August 31st. Finally, Wolfe Research restated an “outperform” rating and issued a $143.00 price target on shares of Dollar General in a research note on Thursday, August 13th. Ten 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $135.46.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.