Sankala Group LLC Makes New Investment in Dollar General Corporation $DG

Sankala Group LLC acquired a new stake in Dollar General Corporation (NYSE:DG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,132 shares of the company’s stock, valued at approximately $681,000.

Several other hedge funds have also added to or reduced their stakes in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares in the last quarter. Woodline Partners LP grew its position in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dollar General in the 2nd quarter valued at approximately $211,000. Finally, Jump Financial LLC bought a new stake in Dollar General during the 2nd quarter worth approximately $209,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Down 0.0%

DG opened at $113.41 on Friday. The stock’s fifty day simple moving average is $112.32 and its 200 day simple moving average is $129.11. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The stock has a market cap of $25.02 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.26. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, research analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given 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 2.1%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Rothschild & Co Redburn reduced their target price on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research note on Monday, May 18th. BMO Capital Markets lowered their target price on Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. Loop Capital lifted their price target on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group cut their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $131.27.

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.