22,359 Shares in Dollar General Corporation $DG Bought by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors acquired 22,359 shares of Dollar General worth approximately $2.57 million, while institutional investors collectively own 91.77% of the company.
• Analyst sentiment is mixed, with 10 Buy ratings, 18 Holds and one Sell; the consensus rating is Hold with a price target of $130.42.
• Dollar General beat quarterly earnings expectations with EPS of $2.00 versus $1.89 forecast, while revenue rose 3.4% year over year to $10.79 billion. The company also declared a quarterly dividend of $0.59 per share, representing a 1.9% yield.

Great Lakes Advisors LLC acquired a new stake in shares of Dollar General Corporation (NYSE:DG - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,359 shares of the company's stock, valued at approximately $2,574,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DG. Fideuram Asset Management Ireland dac bought a new position in shares of Dollar General in the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd increased its stake in Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company's stock worth $25,000 after acquiring an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in Dollar General during the first quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock valued at $26,000 after purchasing an additional 79 shares during the last quarter. Finally, Reflection Asset Management bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $28,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DG has been the topic of several analyst reports. Freedom Capital downgraded Dollar General from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 2nd. UBS Group restated a "buy" rating on shares of Dollar General in a research report on Wednesday, May 27th. Oppenheimer dropped their price objective on shares of Dollar General from $170.00 to $150.00 and set an "outperform" rating for the company in a research note on Friday, May 29th. Evercore cut their price objective on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Dollar General from $110.00 to $114.00 and gave the stock a "hold" rating in a research report on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dollar General has an average rating of "Hold" and a consensus price target of $130.42.

Dollar General Stock Performance

Dollar General stock opened at $123.11 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The company has a market capitalization of $27.16 billion, a PE ratio of 17.41, a P/E/G ratio of 1.83 and a beta of 0.23. The company has a 50 day moving average price of $120.34 and a 200-day moving average price of $123.95. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23.

Dollar General (NYSE:DG - Get Free Report) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the company posted $1.78 EPS. Dollar General's revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General's dividend payout ratio (DPR) is presently 33.38%.

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.

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