Landaas & Co. WI ADV Makes New $229,000 Investment in Dollar General Corporation $DG

Landaas & Co. WI ADV acquired a new position in Dollar General Corporation (NYSE:DG) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,000 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DG. Atlantic Union Bankshares Corp bought a new stake in Dollar General in the second quarter worth approximately $26,000. Hantz Financial Services Inc. increased its stake in shares of Dollar General by 46.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 439 shares of the company’s stock valued at $50,000 after acquiring an additional 140 shares in the last quarter. MTM Investment Management LLC acquired a new position in shares of Dollar General during the 2nd quarter valued at $51,000. Larson Financial Group LLC boosted its stake in Dollar General by 384.3% during the first quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock worth $54,000 after acquiring an additional 488 shares in the last quarter. Finally, Harbor Investment Advisory LLC grew its holdings in Dollar General by 35.2% in the second quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares during the period. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Dollar General from $109.00 to $115.00 and gave the company a “neutral” rating in a report on Monday, October 27th. Guggenheim reissued a “buy” rating and issued a $125.00 price objective on shares of Dollar General in a research note on Friday, August 29th. Barclays upped their target price on Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Piper Sandler boosted their price target on shares of Dollar General from $115.00 to $117.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Dollar General in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dollar General has an average rating of “Hold” and an average target price of $118.14.

Dollar General Stock Down 0.0%

DG opened at $104.19 on Monday. Dollar General Corporation has a fifty-two week low of $66.43 and a fifty-two week high of $117.95. The firm has a market capitalization of $22.93 billion, a P/E ratio of 19.29, a PEG ratio of 2.10 and a beta of 0.30. The company’s 50-day moving average is $102.47 and its 200 day moving average is $105.87. 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 (NYSE:DG) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $10.68 billion. During the same period in the prior year, the firm posted $1.70 EPS. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Research analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th were paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, October 7th. Dollar General’s dividend payout ratio is 43.70%.

Dollar General 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.