One Way Holdings LLC purchased a new position in Dollar General Corporation (NYSE:DG – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 95,340 shares of the company’s stock, valued at approximately $11,401,000.
Several other hedge funds have also recently modified their holdings of DG. B. Riley Wealth Advisors Inc. grew its position in shares of Dollar General by 4.6% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,286 shares of the company’s stock valued at $273,000 after acquiring an additional 100 shares during the period. Cidel Asset Management Inc. boosted its position in shares of Dollar General by 2.5% in the third quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company’s stock worth $530,000 after purchasing an additional 106 shares during the period. Ballentine Partners LLC boosted its stake in Dollar General by 2.3% in the 2nd quarter. Ballentine Partners LLC now owns 5,470 shares of the company’s stock worth $630,000 after purchasing an additional 122 shares during the period. Investment Research Partners LLC boosted its position in shares of Dollar General by 6.2% during the third quarter. Investment Research Partners LLC now owns 2,377 shares of the company’s stock worth $284,000 after acquiring an additional 138 shares during the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. boosted its holdings in shares of Dollar General by 4.8% during the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 3,060 shares of the company’s stock valued at $356,000 after purchasing an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Raymond James Financial reissued an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a research report on Friday, August 28th. BMO Capital Markets increased their price objective on shares of Dollar General from $120.00 to $135.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. Oppenheimer restated an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research note on Tuesday, August 25th. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Morgan Stanley raised their target price on Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average price target of $137.96.
Read Our Latest Stock Analysis on DG
Dollar General Stock Performance
Dollar General stock opened at $132.02 on Monday. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The stock has a market cap of $29.13 billion, a price-to-earnings ratio of 17.17, a price-to-earnings-growth ratio of 1.76 and a beta of 0.19. The firm has a 50 day simple moving average of $126.34 and a 200-day simple moving average of $126.12.
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the business posted $1.86 earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, analysts expect that Dollar General Corporation will post 7.70 EPS for the current year.
Dollar General Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s dividend payout ratio is 30.69%.
Dollar General Profile
Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.
The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.
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