Dean Capital Management Raises Stock Holdings in Dollar General Corporation $DG

Dean Capital Management lifted its holdings in Dollar General Corporation (NYSE:DG) by 2.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 21,114 shares of the company’s stock after purchasing an additional 458 shares during the period. Dean Capital Management’s holdings in Dollar General were worth $1,857,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. MBB Public Markets I LLC purchased a new stake in shares of Dollar General in the first quarter worth approximately $337,000. Empirical Capital Management LLC raised its holdings in shares of Dollar General by 73.0% in the first quarter. Empirical Capital Management LLC now owns 17,300 shares of the company’s stock worth $1,521,000 after buying an additional 7,300 shares during the period. United Services Automobile Association purchased a new stake in shares of Dollar General in the first quarter worth approximately $409,000. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Dollar General by 6.8% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,170 shares of the company’s stock worth $279,000 after buying an additional 202 shares during the period. Finally, UniSuper Management Pty Ltd raised its holdings in shares of Dollar General by 4.5% in the first quarter. UniSuper Management Pty Ltd now owns 30,131 shares of the company’s stock worth $2,649,000 after buying an additional 1,300 shares during the period. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Down 0.6%

Shares of NYSE:DG opened at $108.67 on Tuesday. Dollar General Corporation has a 52-week low of $66.43 and a 52-week high of $117.95. The stock has a market cap of $23.92 billion, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 2.31 and a beta of 0.29. The business’s 50 day moving average is $111.47 and its 200 day moving average is $99.89. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.30. The company had revenue of $10.73 billion for the quarter, compared to analysts’ expectations of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.Dollar General’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.70 earnings per share. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Sell-side analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is 43.70%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DG. Barclays increased their price target on Dollar General from $119.00 to $127.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Telsey Advisory Group set a $123.00 price target on Dollar General in a report on Friday, August 29th. Guggenheim reiterated a “buy” rating and issued a $125.00 price target on shares of Dollar General in a report on Friday, August 29th. UBS Group increased their price objective on Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Finally, Evercore ISI increased their price objective on Dollar General from $118.00 to $120.00 and gave the stock an “in-line” rating in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $112.92.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Emily C. Taylor sold 1,969 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total transaction of $222,497.00. Following the sale, the executive vice president owned 46,563 shares of the company’s stock, valued at approximately $5,261,619. This trade represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathleen A. Reardon sold 6,438 shares of the stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $111.56, for a total value of $718,223.28. Following the sale, the executive vice president directly owned 41,646 shares in the company, valued at $4,646,027.76. This trade represents a 13.39% decrease in their position. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by company insiders.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.