Bellwether Advisors LLC Invests $1.43 Million in Dollar General Corporation $DG

Bellwether Advisors LLC bought a new position in Dollar General Corporation (NYSE:DG) during the first quarter, HoldingsChannel reports. The firm bought 12,005 shares of the company’s stock, valued at approximately $1,425,000.

Other hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised 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 valued at $25,000 after buying an additional 182 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares in the last quarter. Evergreen Advisors LLC bought a new stake in shares of Dollar General in the 1st quarter worth $25,000. Finally, Reflection Asset Management purchased a new stake in shares of Dollar General in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Piper Sandler cut their price target on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Loop Capital increased their price objective on shares of Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Evercore cut their target price on Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. BNP Paribas Exane decreased their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Freedom Capital cut Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Performance

NYSE:DG opened at $123.28 on Wednesday. The business’s fifty day moving average is $112.67 and its 200 day moving average is $127.36. The firm has a market cap of $27.19 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.90 and a beta of 0.25. 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.

Dollar General (NYSE:DG) last posted 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 return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the firm earned $1.78 EPS. The company’s quarterly 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. Research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

About Dollar General

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.