Islay Capital Management LLC acquired a new stake in shares of Dollar General Corporation (NYSE:DG – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,193 shares of the company’s stock, valued at approximately $741,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its holdings in Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after buying an additional 182 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in Dollar General during the 1st quarter valued at $25,000. Reflection Asset Management purchased a new position in Dollar General during the 4th quarter valued at about $28,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Dollar General during the 3rd quarter valued at $32,000. Finally, Nvwm LLC lifted its holdings in shares of Dollar General by 2,780.0% during the 3rd quarter. Nvwm LLC now owns 288 shares of the company’s stock valued at $34,000 after buying an additional 278 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. Guggenheim reissued a “buy” rating and set a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Wolfe Research restated an “outperform” rating and set a $143.00 price objective on shares of Dollar General in a research report on Thursday, August 13th. Barclays upped their price target on Dollar General from $148.00 to $151.00 and gave the company an “overweight” rating in a research report on Tuesday, September 8th. Piper Sandler increased their price target on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Finally, Citigroup upped their target price on shares of Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Twelve 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, Dollar General currently has an average rating of “Hold” and an average price target of $137.96.
View Our Latest Analysis on Dollar General
Dollar General Trading Up 0.6%
NYSE:DG traded up $0.77 during trading hours on Tuesday, hitting $134.04. The stock had a trading volume of 455,321 shares, compared to its average volume of 2,986,440. The company has a market cap of $29.57 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 1.83 and a beta of 0.23. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. 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 business’s 50 day moving average is $124.76 and its 200-day moving average is $119.29.
Dollar General (NYSE:DG – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The firm had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the company posted $1.86 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.69 EPS for the current fiscal year.
Dollar General Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, October 6th. Dollar General’s payout ratio is currently 30.69%.
About Dollar General
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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