Commonwealth Equity Services LLC Buys 38,093 Shares of Dollar General Corporation $DG

Key Points

• Commonwealth Equity Services increased its Dollar General stake by 25%, buying 38,093 shares to hold 190,481 shares valued at about $22.8 million. Institutional investors and hedge funds collectively own 91.77% of the stock.
• Dollar General beat quarterly expectations, reporting $2.48 in EPS and $11.29 billion in revenue; revenue grew 5.2% year over year. The company issued FY2026 EPS guidance of $7.80–$8.00.
• Analysts’ consensus rating is Hold, with a consensus price target of $137.96. Dollar General’s quarterly dividend is $0.59 per share, equivalent to a 1.7% annual yield.

Commonwealth Equity Services LLC grew its holdings in Dollar General Corporation (NYSE:DG - Free Report) by 25.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 190,481 shares of the company's stock after acquiring an additional 38,093 shares during the quarter. Commonwealth Equity Services LLC owned about 0.09% of Dollar General worth $22,778,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Chicago Partners Investment Group LLC boosted its holdings in Dollar General by 15.5% during the third quarter. Chicago Partners Investment Group LLC now owns 16,265 shares of the company's stock worth $2,158,000 after buying an additional 2,188 shares in the last quarter. Ascent Group LLC purchased a new stake in Dollar General in the 3rd quarter valued at about $395,000. Rakuten Investment Management Inc. increased its holdings in shares of Dollar General by 9.9% during the 3rd quarter. Rakuten Investment Management Inc. now owns 39,592 shares of the company's stock worth $4,856,000 after buying an additional 3,571 shares during the last quarter. AIA Group Ltd purchased a new stake in shares of Dollar General during the 3rd quarter worth about $673,000. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of Dollar General in the 3rd quarter valued at $25,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DG has been the subject of several recent analyst reports. BMO Capital Markets raised their target price on Dollar General from $120.00 to $135.00 and gave the company a "market perform" rating in a research note on Friday, August 28th. Guggenheim reiterated a "buy" rating and issued a $140.00 price target on shares of Dollar General in a research note on Monday, August 31st. Telsey Advisory Group increased their price target on Dollar General from $125.00 to $140.00 and gave the company a "market perform" rating in a report on Friday, August 28th. Raymond James Financial restated an "outperform" rating and set a $150.00 price objective on shares of Dollar General in a research note on Friday, August 28th. Finally, Wolfe Research restated an "outperform" rating and set a $143.00 price objective on shares of Dollar General in a research note on Thursday, August 13th. Twelve analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $137.96.

Dollar General Stock Up 2.2%

NYSE:DG opened at $136.72 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. The company has a market capitalization of $30.16 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.89 and a beta of 0.19. Dollar General Corporation has a one year low of $97.32 and a one year high of $158.23. The stock has a 50-day simple moving average of $127.83 and a 200 day simple moving average of $125.72.

Dollar General (NYSE:DG - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.47. The firm had revenue of $11.29 billion for the quarter, compared to analysts' expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. Dollar General's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts predict that Dollar General Corporation will post 7.70 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.7%. Dollar General's dividend payout ratio (DPR) is 30.69%.

About Dollar General

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products.

The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.

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