3,968 Shares in Dollar General Corporation $DG Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in shares of Dollar General Corporation (NYSE:DG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,968 shares of the company’s stock, valued at approximately $457,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Grandeur Peak Global Advisors LLC increased its holdings in Dollar General by 45.8% in the second quarter. Grandeur Peak Global Advisors LLC now owns 46,026 shares of the company’s stock valued at $5,298,000 after buying an additional 14,466 shares during the last quarter. QV Investors Inc. boosted its position in shares of Dollar General by 20.5% during the 2nd quarter. QV Investors Inc. now owns 159,850 shares of the company’s stock worth $18,400,000 after acquiring an additional 27,220 shares in the last quarter. Moore Capital Management LP purchased a new position in shares of Dollar General in the 2nd quarter valued at about $4,321,000. Two Sigma Securities LLC purchased a new position in shares of Dollar General in the 2nd quarter valued at about $458,000. Finally, Benjamin Edwards Inc. raised its position in shares of Dollar General by 27.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 21,076 shares of the company’s stock worth $2,426,000 after acquiring an additional 4,477 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DG has been the subject of a number of research analyst reports. Barclays lowered their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. UBS Group restated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Piper Sandler upped their target price on shares of Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Jefferies Financial Group dropped their target price on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Finally, BMO Capital Markets lifted their price target on shares of Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research note on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $134.65.

Dollar General Price Performance

DG stock opened at $130.91 on Thursday. The company has a market capitalization of $28.88 billion, a P/E ratio of 17.02, a PEG ratio of 1.79 and a beta of 0.23. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The business has a 50 day simple moving average of $122.27 and a 200-day simple moving average of $122.62. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, August 27th. The company reported $2.48 EPS 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 quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts anticipate that Dollar General Corporation will post 7.68 EPS for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.

About Dollar General

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.