Curated Wealth Partners LLC Makes New $1.23 Million Investment in Dollar General Corporation $DG

Curated Wealth Partners LLC bought a new position in Dollar General Corporation (NYSE:DG) in the 3rd quarter, Holdings Channel reports. The firm bought 10,314 shares of the company’s stock, valued at approximately $1,233,000.

Several other institutional investors have also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Dollar General in the 2nd quarter valued at $50,887,000. Royal London Asset Management Ltd. raised its holdings in shares of Dollar General by 30.7% in the 2nd quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company’s stock valued at $73,519,000 after purchasing an additional 149,869 shares in the last quarter. KBC Group NV raised its stake in Dollar General by 63.8% in the first quarter. KBC Group NV now owns 60,896 shares of the company’s stock worth $7,230,000 after buying an additional 23,710 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Dollar General during the 2nd quarter worth $162,412,000. Finally, Tidal Investments LLC grew its position in shares of Dollar General by 31.0% in the 2nd quarter. Tidal Investments LLC now owns 80,326 shares of the company’s stock worth $9,246,000 after buying an additional 19,024 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the subject of a number of recent analyst reports. Telsey Advisory Group raised their price objective on Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. BNP Paribas Exane increased their price target on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Wolfe Research reissued an “outperform” rating and issued a $143.00 price target on shares of Dollar General in a report on Thursday, August 13th. Barclays raised their price target on Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a report on Tuesday, September 8th. Finally, Morgan Stanley boosted their price target on Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $137.96.

Dollar General Stock Performance

DG stock traded up $2.77 during midday trading on Thursday, reaching $132.71. The stock had a trading volume of 1,156,067 shares, compared to its average volume of 2,998,091. The stock has a market cap of $29.28 billion, a PE ratio of 17.26, a P/E/G ratio of 1.71 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. The firm has a fifty day simple moving average of $124.27 and a two-hundred day simple moving average of $118.95. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. The company had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities research analysts anticipate that Dollar General Corporation will post 7.69 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, October 6th. Dollar General’s dividend payout ratio (DPR) is presently 30.69%.

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.

The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.