Fortis Group Advisors LLC Raises Stock Holdings in Dollar General Corporation $DG

Fortis Group Advisors LLC increased its position in Dollar General Corporation (NYSE:DGFree Report) by 5,422.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,522 shares of the company’s stock after purchasing an additional 5,422 shares during the period. Fortis Group Advisors LLC’s holdings in Dollar General were worth $791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DG. Root Financial Partners LLC purchased a new stake in Dollar General in the third quarter worth $26,000. Eastern Bank purchased a new stake in Dollar General in the fourth quarter worth $35,000. Flagship Harbor Advisors LLC purchased a new stake in Dollar General in the fourth quarter worth $36,000. First Horizon Corp grew its stake in Dollar General by 74.4% in the fourth quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after purchasing an additional 145 shares during the period. Finally, Rialto Wealth Management LLC grew its stake in Dollar General by 427.3% in the fourth quarter. Rialto Wealth Management LLC now owns 348 shares of the company’s stock worth $46,000 after purchasing an additional 282 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Trading Up 0.5%

Dollar General stock opened at $105.13 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock has a market capitalization of $23.15 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.70 and a beta of 0.28. The business’s fifty day moving average is $118.76 and its 200 day moving average is $128.36.

Dollar General (NYSE:DGGet Free Report) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. During the same period last year, the firm posted $0.87 earnings per share. Dollar General’s revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, sell-side analysts predict that Dollar General Corporation will post 7.26 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DG shares. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Jefferies Financial Group cut their target price on Dollar General from $170.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday. Guggenheim cut their target price on Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Rothschild & Co Redburn cut their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday. Finally, Piper Sandler increased their target price on Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research note on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dollar General currently has an average rating of “Hold” and an average price target of $143.62.

View Our Latest Stock Report on DG

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

Dollar General Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Corporation (NYSE:DGFree Report).

Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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