Corient Private Wealth LP Purchases 10,603 Shares of Dollar General Corporation $DG

Key Points

• Corient Private Wealth increased its Dollar General stake by 26.1% in the second quarter, purchasing 10,603 additional shares and bringing its total holdings to 51,212 shares valued at approximately $5.9 million.
• Institutional investors own 91.77% of Dollar General. Analysts maintain a consensus “Hold” rating, with a consensus price target of $135.46.
• Dollar General reported stronger-than-expected quarterly results, including $2.48 in adjusted earnings per share and $11.29 billion in revenue, while declaring a quarterly dividend of $0.59 per share.

Corient Private Wealth LP raised its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 26.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,212 shares of the company's stock after purchasing an additional 10,603 shares during the period. Corient Private Wealth LP's holdings in Dollar General were worth $5,895,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of DG. Geode Capital Management LLC boosted its stake in Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company's stock worth $754,857,000 after buying an additional 42,936 shares during the period. Life Cycle Investment Partners Ltd bought a new stake in shares of Dollar General in the 4th quarter worth about $363,299,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Dollar General by 6.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company's stock worth $340,546,000 after purchasing an additional 167,546 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company's stock valued at $332,443,000 after buying an additional 75,323 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Dollar General by 0.8% in the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company's stock worth $323,362,000 after purchasing an additional 20,366 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Piper Sandler raised their price objective on Dollar General from $118.00 to $123.00 and gave the stock a "neutral" rating in a report on Friday, August 28th. Citigroup increased their price target on Dollar General from $116.00 to $133.00 and gave the stock a "neutral" rating in a research report on Friday, August 28th. Wolfe Research restated an "outperform" rating and issued a $143.00 price objective on shares of Dollar General in a report on Thursday, August 13th. UBS Group reaffirmed a "buy" rating on shares of Dollar General in a research note on Wednesday, May 27th. Finally, Evercore dropped their price objective on Dollar General from $145.00 to $140.00 in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $135.46.

Dollar General Price Performance

Shares of DG stock opened at $122.34 on Friday. The firm has a fifty day simple moving average of $124.65 and a 200-day simple moving average of $120.64. The company has a market capitalization of $26.99 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 1.71 and a beta of 0.23. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.47. The company had revenue of $11.29 billion during the quarter, compared to analysts' expectations of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts anticipate that Dollar General Corporation will post 7.68 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General's dividend payout ratio (DPR) is 30.69%.

Dollar General Company Profile

Dollar General Corporation NYSE: DG is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.

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