Legacy Capital Group California Inc. Acquires Shares of 8,019 Dollar General Corporation $DG

Legacy Capital Group California Inc. purchased a new position in shares of Dollar General Corporation (NYSE:DG) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 8,019 shares of the company’s stock, valued at approximately $952,000.

Several other large investors have also bought and sold shares of the business. Parkside Financial Bank & Trust lifted its holdings in shares of Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after acquiring an additional 69 shares during the last quarter. BOKF NA increased its position in Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after purchasing an additional 73 shares in the last quarter. Strata Wealth Advisors LLC lifted its stake in Dollar General by 3.3% in the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc boosted its position in Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after buying an additional 76 shares in the last quarter. Finally, Tevis Investment Management increased its holdings in shares of Dollar General by 0.5% during the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after buying an additional 77 shares in the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Up 3.8%

Shares of NYSE DG opened at $123.44 on Tuesday. The firm has a market cap of $27.23 billion, a PE ratio of 17.46, a P/E/G ratio of 1.81 and a beta of 0.25. The company’s fifty day simple moving average is $111.24 and its 200 day simple moving average is $127.87. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) 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. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same period last year, the business posted $1.78 EPS. The firm’s revenue for the quarter 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, sell-side analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

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 given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is presently 33.38%.

Wall Street Analyst Weigh In

Several research firms have commented on DG. Guggenheim dropped their target price on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Daiwa Securities Group lowered their price objective on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Citigroup dropped their price objective on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. HSBC cut their target price on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, June 3rd. Finally, Evercore reduced their target price on shares of Dollar General from $145.00 to $140.00 in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price 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.