Dollar General Corporation $DG Stock Position Increased by Lido Advisors LLC

Lido Advisors LLC boosted its position in Dollar General Corporation (NYSE:DG) by 186.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 16,279 shares of the company’s stock after purchasing an additional 10,593 shares during the period. Lido Advisors LLC’s holdings in Dollar General were worth $1,947,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC acquired a new stake in shares of Dollar General during the 3rd quarter worth about $25,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Dollar General during the third quarter worth about $30,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Dollar General during the third quarter worth about $32,000. Nvwm LLC raised its position in shares of Dollar General by 2,780.0% in the third quarter. Nvwm LLC now owns 288 shares of the company’s stock valued at $34,000 after buying an additional 278 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its position in shares of Dollar General by 788.1% in the second quarter. Rosenberg Matthew Hamilton now owns 373 shares of the company’s stock valued at $43,000 after buying an additional 331 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Trading Down 0.4%

DG traded down $0.54 during midday trading on Friday, hitting $134.07. The company’s stock had a trading volume of 1,993,616 shares, compared to its average volume of 2,220,902. Dollar General Corporation has a 52-week low of $99.50 and a 52-week high of $158.23. The firm has a 50-day moving average price of $128.29 and a two-hundred day moving average price of $125.49. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. The firm has a market cap of $29.58 billion, a P/E ratio of 17.43, a PEG ratio of 1.79 and a beta of 0.19.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the firm posted $1.86 EPS. The company’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, research analysts anticipate that Dollar General Corporation will post 7.70 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s dividend payout ratio is 30.69%.

Analyst Ratings Changes

DG has been the topic of several recent analyst reports. Morgan Stanley upped their price objective on shares of Dollar General from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Wolfe Research reaffirmed an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a research note on Thursday, August 13th. Raymond James Financial reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a research note on Friday, August 28th. Piper Sandler boosted their price target on Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Finally, Oppenheimer reissued an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research note on Tuesday, August 25th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $137.96.

Dollar General Company Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.