Vanguard Personalized Indexing Management LLC Buys 7,017 Shares of Dollar General Corporation $DG

Vanguard Personalized Indexing Management LLC raised its stake in shares of Dollar General Corporation (NYSE:DG) by 31.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 29,075 shares of the company’s stock after acquiring an additional 7,017 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Dollar General were worth $3,326,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sowell Financial Services LLC bought a new position in shares of Dollar General in the 1st quarter worth approximately $280,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Dollar General by 4.2% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 27,567 shares of the company’s stock worth $2,424,000 after purchasing an additional 1,102 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Dollar General by 48.9% in the 1st quarter. Farther Finance Advisors LLC now owns 3,292 shares of the company’s stock worth $288,000 after purchasing an additional 1,081 shares during the period. Dynamic Advisor Solutions LLC bought a new position in shares of Dollar General in the 1st quarter worth approximately $879,000. Finally, Ballentine Partners LLC bought a new position in shares of Dollar General in the 1st quarter worth approximately $411,000. Institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 1.9%

Shares of DG opened at $103.82 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 0.27. Dollar General Corporation has a 1 year low of $66.43 and a 1 year high of $117.95. The company has a 50 day simple moving average of $107.12 and a two-hundred day simple moving average of $103.90. The firm has a market cap of $22.85 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 2.14 and a beta of 0.30.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The business had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.68 billion. During the same period last year, the firm posted $1.70 EPS. The company’s revenue was up 5.1% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. On average, equities analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is 43.70%.

Analyst Ratings Changes

DG has been the topic of several recent research reports. UBS Group increased their price objective on shares of Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Gordon Haskett lowered their price objective on shares of Dollar General from $130.00 to $115.00 in a research note on Friday, September 26th. JPMorgan Chase & Co. increased their target price on shares of Dollar General from $95.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Truist Financial increased their target price on shares of Dollar General from $119.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, August 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $115.40.

Dollar General Company Profile

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.