HighTower Advisors LLC Decreases Holdings in Dollar General Corporation $DG

HighTower Advisors LLC decreased its position in shares of Dollar General Corporation (NYSE:DG) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,399 shares of the company’s stock after selling 15,385 shares during the quarter. HighTower Advisors LLC’s holdings in Dollar General were worth $20,101,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Dollar General during the 3rd quarter worth approximately $26,000. Eastern Bank purchased a new stake in shares of Dollar General during the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Dollar General during the 4th quarter worth approximately $36,000. First Horizon Corp boosted its stake in shares of Dollar General by 74.4% during the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after acquiring an additional 145 shares in the last quarter. Finally, Rialto Wealth Management LLC raised its position in shares of Dollar General by 427.3% during the 4th quarter. Rialto Wealth Management LLC now owns 348 shares of the company’s stock worth $46,000 after purchasing an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

• Negative Sentiment: Loop Capital slashed its price target on Dollar General to $110 from $145 and kept a hold rating, signaling more limited upside than before. MarketScreener
• Negative Sentiment: Gordon Haskett downgraded Dollar General from buy to hold and lowered its target to $110 from $140, adding to concerns that valuation and growth may be less compelling. MarketScreener
• Negative Sentiment: HSBC cut long-term earnings forecasts for Dollar General across several future years, including FY2028 through FY2031, indicating analysts expect slower profit growth than previously modeled. MarketBeat
• Negative Sentiment: KeyCorp also trimmed its FY2027 earnings estimate for Dollar General, reinforcing a cautious outlook ahead of upcoming results and guidance. MarketBeat

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Loop Capital reduced their target price on Dollar General from $145.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday. Sanford C. Bernstein reduced their target price on Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. Wolfe Research reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Piper Sandler upped their target price on Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, March 13th. Finally, Rothschild & Co Redburn reduced their target price 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. Twelve investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $141.12.

Dollar General Trading Up 0.6%

Shares of DG opened at $105.69 on Friday. The stock has a fifty day moving average of $117.98 and a two-hundred day moving average of $128.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The company has a market capitalization of $23.28 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.Dollar General’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts forecast that Dollar General Corporation will post 7.27 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.2%. Dollar General’s payout ratio is 34.45%.

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.