Sustainable Insight Capital Management LLC Invests $507,000 in Dollar General Corporation $DG

Sustainable Insight Capital Management LLC bought a new stake in shares of Dollar General Corporation (NYSE:DG) during the 2nd quarter, Holdings Channel.com reports. The firm bought 4,435 shares of the company’s stock, valued at approximately $507,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Savant Capital LLC boosted its position in shares of Dollar General by 104.6% in the second quarter. Savant Capital LLC now owns 9,624 shares of the company’s stock worth $1,101,000 after buying an additional 4,921 shares during the period. Texas Yale Capital Corp. purchased a new stake in shares of Dollar General during the 2nd quarter valued at about $217,000. Cetera Trust Company N.A lifted its position in Dollar General by 22.4% during the 2nd quarter. Cetera Trust Company N.A now owns 4,910 shares of the company’s stock worth $562,000 after acquiring an additional 900 shares in the last quarter. Achmea Investment Management B.V. boosted its holdings in Dollar General by 0.7% in the 2nd quarter. Achmea Investment Management B.V. now owns 19,134 shares of the company’s stock worth $2,188,000 after acquiring an additional 138 shares during the period. Finally, SouthState Corp boosted its holdings in Dollar General by 209.9% in the 2nd quarter. SouthState Corp now owns 784 shares of the company’s stock worth $90,000 after acquiring an additional 531 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Stock Performance

Shares of DG stock opened at $95.99 on Friday. The stock has a market capitalization of $21.13 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 2.10 and a beta of 0.30. Dollar General Corporation has a one year low of $66.43 and a one year high of $117.95. The company’s 50-day simple moving average is $103.24 and its 200-day simple moving average is $105.36. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25.

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 the consensus estimate of $1.56 by $0.30. The firm had revenue of $10.73 billion for the quarter, compared to analysts’ expectations of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.Dollar General’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Equities analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 7th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is presently 43.70%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DG. Piper Sandler boosted their target price on shares of Dollar General from $115.00 to $117.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Barclays boosted their price objective on shares of Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a research report on Wednesday. Gordon Haskett dropped their target price on Dollar General from $130.00 to $115.00 in a research report on Friday, September 26th. Finally, Guggenheim reiterated a “buy” rating and issued a $125.00 price target on shares of Dollar General in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $115.64.

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.