Dollar General Corporation $DG Stock Holdings Increased by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec lifted its position in Dollar General Corporation (NYSE:DG) by 66.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 181,330 shares of the company’s stock after buying an additional 72,310 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.08% of Dollar General worth $15,944,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Ameriflex Group Inc. bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $31,000. Mountain Hill Investment Partners Corp. grew its stake in shares of Dollar General by 66.7% in the 1st quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company’s stock valued at $44,000 after buying an additional 200 shares in the last quarter. Golden State Wealth Management LLC grew its stake in shares of Dollar General by 170.1% in the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock valued at $48,000 after buying an additional 342 shares in the last quarter. CVA Family Office LLC grew its stake in shares of Dollar General by 39.4% in the 1st quarter. CVA Family Office LLC now owns 570 shares of the company’s stock valued at $50,000 after buying an additional 161 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Dollar General by 384.3% in the 1st quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock valued at $54,000 after buying an additional 488 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Insider Transactions at Dollar General

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

Dollar General Trading Up 0.7%

Shares of NYSE DG opened at $111.25 on Thursday. Dollar General Corporation has a 1-year low of $66.43 and a 1-year high of $125.42. The company has a market cap of $24.48 billion, a PE ratio of 21.23, a P/E/G ratio of 2.70 and a beta of 0.31. The company has a current ratio of 1.23, a quick ratio of 0.20 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average of $112.08 and a two-hundred day moving average of $97.60.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.32. Dollar General had a net margin of 2.81% and a return on equity of 17.93%. The company had revenue of $10.44 billion during the quarter, compared to the consensus estimate of $10.25 billion. During the same period in the previous year, the firm posted $1.65 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 5.200-5.800 EPS. As a group, equities analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. Dollar General’s payout ratio is currently 45.04%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DG shares. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research note on Wednesday, June 4th. The Goldman Sachs Group downgraded Dollar General from a “buy” rating to a “neutral” rating and raised their price objective for the company from $115.00 to $116.00 in a research note on Tuesday, June 24th. Oppenheimer raised Dollar General from a “market perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research note on Wednesday, June 4th. Guggenheim raised their price objective on Dollar General from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Finally, Gordon Haskett upgraded Dollar General from a “reduce” rating to an “accumulate” rating in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and sixteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and an average target price of $108.80.

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.