Rep. Jefferson Shreve Sells Off Shares of Dollar General Corporation (NYSE:DG)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Dollar General Corporation NYSE: DG. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Dollar General stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Dollar General Price Performance

Shares of Dollar General stock traded down $0.19 during midday trading on Friday, hitting $107.56. 1,526,406 shares of the company were exchanged, compared to its average volume of 3,876,053. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 0.20. The firm has a market cap of $23.67 billion, a P/E ratio of 20.53, a PEG ratio of 2.67 and a beta of 0.31. Dollar General Corporation has a 52 week low of $66.43 and a 52 week high of $126.98. The firm has a 50 day simple moving average of $109.30 and a 200-day simple moving average of $90.94.

Dollar General (NYSE:DG - Get Free Report) last released its earnings results on Tuesday, June 3rd. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.46 by $0.32. Dollar General had a return on equity of 17.93% and a net margin of 2.81%. The company had revenue of $10.44 billion during the quarter, compared to analysts' expectations of $10.25 billion. During the same period last year, the firm earned $1.65 EPS. The business's revenue for the quarter was up 5.3% on a year-over-year basis. Research analysts forecast that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, July 8th. This represents a $2.36 annualized dividend and a dividend yield of 2.19%. Dollar General's dividend payout ratio (DPR) is presently 45.04%.

Insider Transactions at Dollar General

In other news, EVP Emily C. Taylor sold 1,969 shares of the firm's stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total value of $222,497.00. Following the completion of the sale, the executive vice president directly owned 46,563 shares in the company, valued at $5,261,619. This trade represents a 4.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kathleen A. Reardon sold 6,438 shares of the firm'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 sale, the executive vice president owned 41,646 shares of the company's stock, valued at approximately $4,646,027.76. This represents a 13.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.56% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Dollar General from $88.00 to $95.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. Sanford C. Bernstein set a $120.00 target price on Dollar General in a report on Friday, May 23rd. Bank of America upped their target price on Dollar General from $115.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Telsey Advisory Group reissued a "market perform" rating and set a $120.00 price target on shares of Dollar General in a research report on Thursday, July 17th. Finally, UBS Group boosted their price target on Dollar General from $120.00 to $128.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Sixteen investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Dollar General has a consensus rating of "Hold" and a consensus target price of $108.40.

Institutional Investors Weigh In On Dollar General

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MGO One Seven LLC increased its holdings in Dollar General by 428.3% in the second quarter. MGO One Seven LLC now owns 19,580 shares of the company's stock valued at $2,240,000 after purchasing an additional 15,874 shares during the period. Welch Group LLC acquired a new stake in Dollar General in the second quarter valued at $248,000. CWM LLC increased its holdings in Dollar General by 82.9% in the second quarter. CWM LLC now owns 13,016 shares of the company's stock valued at $1,489,000 after purchasing an additional 5,898 shares during the period. OFI Invest Asset Management increased its holdings in Dollar General by 25.4% in the second quarter. OFI Invest Asset Management now owns 1,171 shares of the company's stock valued at $134,000 after purchasing an additional 237 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Dollar General by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 29,075 shares of the company's stock worth $3,326,000 after acquiring an additional 7,017 shares during the period. 91.77% of the stock is currently owned by institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.