Rep. Jefferson Shreve Buys Dollar General Co. (NYSE:DG) Stock

Posted by Casey Walker on Apr 16th, 2025

Representative Jefferson Shreve (R-Indiana) recently bought shares of Dollar General Co. (NYSE:DG). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Dollar General stock on March 5th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Dollar General Stock Up 1.0 %

NYSE DG traded up $0.87 on Wednesday, reaching $89.30. The company had a trading volume of 804,606 shares, compared to its average volume of 3,837,595. The company’s fifty day moving average is $81.01 and its 200 day moving average is $78.28. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $147.87. The stock has a market capitalization of $19.64 billion, a P/E ratio of 14.71, a P/E/G ratio of 2.18 and a beta of 0.40. The company has a quick ratio of 0.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.78.

Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.17. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.26 billion. During the same quarter in the prior year, the company earned $1.83 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. Sell-side analysts anticipate that Dollar General Co. will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Tuesday, April 8th. Dollar General’s dividend payout ratio (DPR) is presently 46.18%.

Institutional Trading of Dollar General

A number of hedge funds have recently made changes to their positions in DG. IMG Wealth Management Inc. purchased a new stake in shares of Dollar General in the fourth quarter worth $25,000. Altshuler Shaham Ltd bought a new position in shares of Dollar General in the fourth quarter worth approximately $25,000. Ameriflex Group Inc. bought a new stake in shares of Dollar General during the fourth quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in Dollar General in the 3rd quarter valued at approximately $33,000. Finally, Providence First Trust Co bought a new stake in shares of Dollar General in the 4th quarter worth $33,000. 91.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DG shares. Telsey Advisory Group restated a “market perform” rating and issued a $85.00 price objective on shares of Dollar General in a research report on Thursday, March 13th. Bank of America cut their price objective on Dollar General from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, March 14th. Morgan Stanley cut their price target on shares of Dollar General from $100.00 to $80.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $80.00 target price (down from $90.00) on shares of Dollar General in a research report on Monday, March 3rd. Finally, Citigroup upgraded shares of Dollar General from a “sell” rating to a “neutral” rating and increased their price target for the company from $69.00 to $101.00 in a research report on Monday, April 7th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus price target of $94.75.

Read Our Latest Stock Analysis on DG

Insider Activity at Dollar General

In related news, EVP Emily C. Taylor sold 809 shares of Dollar General stock in a transaction on Friday, April 4th. The stock was sold at an average price of $94.72, for a total value of $76,628.48. Following the completion of the sale, the executive vice president now owns 48,532 shares of the company’s stock, valued at $4,596,951.04. The trade was a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Dollar General Company Profile

(Get Free Report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.