Corient Private Wealth LLC Buys 9,504 Shares of Dollar General Corporation $DG

Corient Private Wealth LLC lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 34.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,419 shares of the company’s stock after buying an additional 9,504 shares during the period. Corient Private Wealth LLC’s holdings in Dollar General were worth $4,969,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Employees Provident Fund Board bought a new position in shares of Dollar General during the fourth quarter valued at $77,783,000. Caitong International Asset Management Co. Ltd grew its position in shares of Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the last quarter. Reflection Asset Management acquired a new stake in shares of Dollar General in the fourth quarter valued at about $28,000. Sankala Group LLC bought a new position in shares of Dollar General during the fourth quarter worth about $681,000. Finally, Wick Capital Partners LLC acquired a new position in shares of Dollar General in the fourth quarter worth approximately $206,000. 91.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DG has been the subject of a number of recent analyst reports. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Morgan Stanley decreased their price objective on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. Evercore lowered their target price on shares of Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and cut their price target for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Finally, BNP Paribas Exane decreased their price target on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of DG stock opened at $119.45 on Friday. The firm has a market cap of $26.35 billion, a price-to-earnings ratio of 16.90, a P/E/G ratio of 1.79 and a beta of 0.26. 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 Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The firm’s 50-day simple moving average is $112.07 and its two-hundred day simple moving average is $129.09.

Dollar General (NYSE:DG) last released its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the firm earned $1.78 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, July 7th. Dollar General’s payout ratio is currently 33.38%.

Dollar General 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.