iA Global Asset Management Inc. Has $4.27 Million Position in Dollar General Corporation $DG

iA Global Asset Management Inc. raised its stake in shares of Dollar General Corporation (NYSE:DG) by 29.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,133 shares of the company’s stock after buying an additional 7,331 shares during the quarter. iA Global Asset Management Inc.’s holdings in Dollar General were worth $4,266,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new position in shares of Dollar General during the 3rd quarter worth about $26,000. Eastern Bank acquired a new position in shares of Dollar General during the 4th quarter worth about $35,000. Flagship Harbor Advisors LLC acquired a new position in shares of Dollar General during the 4th quarter worth about $36,000. First Horizon Corp grew its position in shares of Dollar General by 74.4% during the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after buying an additional 145 shares during the period. Finally, Rialto Wealth Management LLC grew its position in shares of Dollar General by 427.3% during the 4th quarter. Rialto Wealth Management LLC now owns 348 shares of the company’s stock worth $46,000 after buying an additional 282 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DG has been the subject of several analyst reports. Telsey Advisory Group restated a “market perform” rating and set a $140.00 target price on shares of Dollar General in a research report on Tuesday, March 24th. KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Oppenheimer boosted their price objective on Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Wolfe Research reiterated an “outperform” rating and issued a $165.00 price objective on shares of Dollar General in a research report on Thursday, March 12th. Finally, Rothschild & Co Redburn upgraded Dollar General to a “strong sell” rating in a research report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average price target of $145.00.

Dollar General Trading Up 0.2%

NYSE DG opened at $102.54 on Monday. The stock has a market capitalization of $22.58 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.65 and a beta of 0.28. The stock’s 50 day moving average price is $122.05 and its two-hundred day moving average price is $128.22. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. Dollar General Corporation has a 52 week low of $92.11 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The firm had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts anticipate that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.3%. Dollar General’s payout ratio is presently 34.45%.

Dollar General Company Profile

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.