Whittier Trust Co. Has $14.90 Million Stock Position in Dollar General Corporation $DG

Whittier Trust Co. boosted its holdings in Dollar General Corporation (NYSE:DGFree Report) by 10.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 119,182 shares of the company’s stock after purchasing an additional 10,981 shares during the period. Whittier Trust Co.’s holdings in Dollar General were worth $14,899,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General in the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd grew its position in 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 worth $25,000 after purchasing an additional 182 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares during the period. Reflection Asset Management acquired a new position in shares of Dollar General during the fourth quarter valued at about $28,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Dollar General in the fourth quarter valued at about $31,000. 91.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Piper Sandler decreased their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Wolfe Research restated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. 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 research report on Monday, May 18th. Finally, Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Ten research 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 data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $131.27.

Get Our Latest Stock Analysis on Dollar General

Dollar General Stock Performance

Dollar General stock opened at $118.19 on Monday. The firm has a market capitalization of $26.07 billion, a P/E ratio of 16.72, a P/E/G ratio of 1.80 and a beta of 0.25. The stock has a fifty day moving average price of $111.27 and a two-hundred day moving average price of $128.66. 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 current ratio of 1.17 and a quick ratio of 0.25.

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

Dollar General Announces Dividend

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

Dollar General Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DGFree Report).

Institutional Ownership by Quarter for Dollar General (NYSE:DG)

Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter.