Dollar General Corporation $DG Stock: Fulcrum Asset Management LLP Raises Stake

Fulcrum Asset Management LLP boosted its stake in Dollar General Corporation (NYSE:DG) by 49,045.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 32,436 shares of the company’s stock after purchasing an additional 32,370 shares during the period. Fulcrum Asset Management LLP’s holdings in Dollar General were worth $3,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in DG. AlphaCentric Advisors LLC boosted its holdings in shares of Dollar General by 5.4% during the third quarter. AlphaCentric Advisors LLC now owns 1,790 shares of the company’s stock valued at $214,000 after acquiring an additional 92 shares during the period. B. Riley Wealth Advisors Inc. grew its position in shares of Dollar General by 4.6% during the third quarter. B. Riley Wealth Advisors Inc. now owns 2,286 shares of the company’s stock worth $273,000 after acquiring an additional 100 shares during the last quarter. Cidel Asset Management Inc. grew its position in shares of Dollar General by 2.5% during the third quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company’s stock worth $530,000 after acquiring an additional 106 shares during the last quarter. Ballentine Partners LLC increased its holdings in shares of 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 acquiring an additional 122 shares during the period. Finally, Investment Research Partners LLC increased its holdings in shares of Dollar General by 6.2% in the 3rd 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 period. 91.77% of the stock is currently owned by institutional investors.

Dollar General Trading Up 2.2%

NYSE:DG opened at $136.72 on Tuesday. The stock has a market cap of $30.16 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.89 and a beta of 0.19. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. Dollar General Corporation has a 1 year low of $97.32 and a 1 year high of $158.23. The business has a fifty day moving average of $127.83 and a 200-day moving average of $125.72.

Dollar General (NYSE:DG) last issued 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. The business had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company’s revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities analysts predict that Dollar General Corporation will post 7.70 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, October 6th. Dollar General’s payout ratio is 30.69%.

Analyst Ratings Changes

Several brokerages recently weighed in on DG. The Goldman Sachs Group lifted their price objective on shares of Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Weiss Ratings upgraded shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Oppenheimer restated an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a research report on Tuesday, August 25th. BNP Paribas Exane raised their price target on shares of Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Finally, Barclays lifted their price target on Dollar General from $148.00 to $151.00 and gave the company an “overweight” rating in a report on Tuesday, September 8th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $137.96.

Dollar General Company Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products.

The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.