9,179 Shares in Dollar General Corporation $DG Acquired by Havemeyer Place LP

Havemeyer Place LP purchased a new position in shares of Dollar General Corporation (NYSE:DG) during the fourth quarter, HoldingsChannel reports. The firm purchased 9,179 shares of the company’s stock, valued at approximately $1,219,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. MCF Advisors LLC raised its stake in shares of Dollar General by 80,600.0% in the fourth quarter. MCF Advisors LLC now owns 807 shares of the company’s stock worth $107,000 after purchasing an additional 806 shares during the last quarter. Pinebridge Investments LLC purchased a new stake in shares of Dollar General in the fourth quarter worth approximately $11,864,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Dollar General by 15.1% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 55,734 shares of the company’s stock worth $7,400,000 after purchasing an additional 7,300 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Dollar General by 46.2% in the fourth quarter. Parallel Advisors LLC now owns 3,329 shares of the company’s stock worth $442,000 after purchasing an additional 1,052 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in shares of Dollar General by 4.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,132 shares of the company’s stock worth $519,000 after purchasing an additional 176 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DG has been the subject of several analyst reports. HSBC lowered their price objective on Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, June 3rd. Sanford C. Bernstein reissued an “outperform” rating and issued a $149.00 price objective on shares of Dollar General in a research note on Wednesday. Barclays lowered their price objective on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Finally, Telsey Advisory Group reduced their target price on Dollar General from $140.00 to $125.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. Ten 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 stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $131.27.

Trending Headlines about Dollar General

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

• Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
• Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
• Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
• Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
• Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
• Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General’s Q1 Beat Driven By Cost Control As CEO Exit Looms
• Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General

Dollar General Stock Performance

NYSE DG opened at $103.57 on Monday. The company has a market capitalization of $22.85 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. 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. The company has a 50-day simple moving average of $113.86 and a 200 day simple moving average of $128.74.

Dollar General (NYSE:DG) last released 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 net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the previous year, the company earned $1.78 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, research analysts predict that Dollar General Corporation will post 7.33 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.3%. Dollar General’s dividend payout ratio is presently 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.