Franklin Resources Inc. decreased its position in Dollar General Corporation (NYSE:DG – Free Report) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,383,150 shares of the company’s stock after selling 75,257 shares during the quarter. Franklin Resources Inc. owned about 1.08% of Dollar General worth $316,411,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its holdings in shares of Dollar General by 1.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,333 shares of the company’s stock valued at $1,903,000 after buying an additional 136 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Dollar General during the fourth quarter valued at $54,000. Fiera Capital Corp purchased a new stake in shares of Dollar General during the fourth quarter valued at $85,993,000. Havemeyer Place LP purchased a new stake in shares of Dollar General during the fourth quarter valued at $1,219,000. Finally, MCF Advisors LLC lifted its holdings in shares of Dollar General by 80,600.0% during the fourth quarter. MCF Advisors LLC now owns 807 shares of the company’s stock valued at $107,000 after purchasing an additional 806 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.
Analysts Set New Price Targets
DG has been the subject of several analyst reports. Wolfe Research reaffirmed an “outperform” rating and set a $165.00 target price on shares of Dollar General in a report on Thursday, March 12th. Jefferies Financial Group reduced their target price on Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $149.00 target price on shares of Dollar General in a report on Wednesday, June 3rd. BNP Paribas Exane reduced their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Finally, Rothschild & Co Redburn reduced their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and an average price target of $131.27.
Dollar General Stock Performance
DG opened at $106.80 on Tuesday. The company has a market cap of $23.56 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. The stock has a 50-day moving average of $113.61 and a 200-day moving average of $128.76. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.
Dollar General (NYSE:DG – Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities research analysts forecast that Dollar General Corporation will post 7.33 earnings per share for the current fiscal year.
Dollar General Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.2%. Dollar General’s dividend payout ratio is presently 33.38%.
Dollar General Company Profile
Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.
Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.
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