Bryn Mawr Trust Advisors LLC Buys New Stake in Dollar General Corporation $DG

Key Points

• Bryn Mawr Trust Advisors bought 88,342 shares of Dollar General worth approximately $10.2 million, while institutional investors and hedge funds collectively own 91.77% of the company.
• Analyst sentiment remains mixed: 10 analysts rate Dollar General a Buy, 18 a Hold and one a Sell, producing an average rating of Hold and an average price target of $130.42.
• Dollar General exceeded quarterly EPS expectations, reporting $2.00 versus the $1.89 consensus, while revenue rose 3.4% year over year to $10.79 billion. The company also maintains a quarterly dividend of $0.59 per share, yielding about 1.9%.

Bryn Mawr Trust Advisors LLC purchased a new stake in shares of Dollar General Corporation (NYSE:DG - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 88,342 shares of the company's stock, valued at approximately $10,169,000.

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

Analysts Set New Price Targets

Several equities analysts recently commented on DG shares. UBS Group reiterated a "buy" rating on shares of Dollar General in a research note on Wednesday, May 27th. Loop Capital boosted their price objective on shares of Dollar General from $110.00 to $115.00 and gave the stock a "hold" rating in a report on Wednesday, June 3rd. Raymond James Financial reaffirmed an "outperform" rating and set a $145.00 price objective on shares of Dollar General in a research report on Wednesday, June 3rd. HSBC reduced their target price on shares of Dollar General from $141.00 to $125.00 and set a "hold" rating for the company in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group decreased their target price on Dollar General from $155.00 to $135.00 and set a "buy" rating on the stock in a research report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $130.42.

Dollar General Stock Up 1.0%

DG opened at $123.30 on Friday. The company has a market capitalization of $27.20 billion, a P/E ratio of 17.44, a P/E/G ratio of 1.86 and a beta of 0.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The firm's fifty day moving average price is $119.31 and its two-hundred day moving average price is $124.80. 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 announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to analysts' expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business's revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

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

About Dollar General

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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