Plato Investment Management Ltd Buys Shares of 6,086 Dollar General Corporation $DG

Plato Investment Management Ltd purchased a new position in Dollar General Corporation (NYSE:DG) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,086 shares of the company’s stock, valued at approximately $696,000.

Several other large investors also recently made changes to their positions in the stock. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General in the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd grew its holdings in Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new position in Dollar General during the first quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares during the period. Finally, Reflection Asset Management acquired a new stake in shares of Dollar General in the fourth quarter worth $28,000. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

DG has been the subject of several recent analyst reports. Oppenheimer decreased their price objective on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, May 29th. Freedom Capital lowered shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Raymond James Financial restated an “outperform” rating and set a $145.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. Guggenheim lowered their price target on Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Finally, Rothschild & Co Redburn dropped their price objective on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Ten equities 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. According to MarketBeat, Dollar General presently has an average rating of “Hold” and an average price target of $130.42.

Dollar General Trading Up 0.8%

Shares of Dollar General stock opened at $121.06 on Wednesday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company’s fifty day simple moving average is $119.81 and its 200-day simple moving average is $124.26. The company has a market cap of $26.70 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.87 and a beta of 0.23. 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 released 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 net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the prior year, the company earned $1.78 EPS. The business’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. As a group, sell-side analysts expect that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

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

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.