Counterpoint Mutual Funds LLC Buys 18,804 Shares of Dollar General Corporation $DG

Key Points

• Counterpoint Mutual Funds increased its Dollar General stake by 395.5% in the third quarter, adding 18,804 shares to own 23,559 shares valued at approximately $2.8 million. Institutional investors collectively hold 91.77% of the company.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $137.96, although Gordon Haskett and HSBC recently upgraded the stock to “Buy.”
• Dollar General reported stronger-than-expected quarterly results, posting $2.48 in EPS and $11.29 billion in revenue, while maintaining a $0.59 quarterly dividend, equivalent to a 1.8% annual yield.

Counterpoint Mutual Funds LLC boosted its position in Dollar General Corporation (NYSE:DG - Free Report) by 395.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,559 shares of the company's stock after acquiring an additional 18,804 shares during the quarter. Counterpoint Mutual Funds LLC's holdings in Dollar General were worth $2,817,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in DG. Avail Investment Partners LLC lifted its stake in Dollar General by 6.4% during the third quarter. Avail Investment Partners LLC now owns 2,336 shares of the company's stock worth $279,000 after purchasing an additional 140 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Dollar General by 314.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 7,145 shares of the company's stock worth $854,000 after purchasing an additional 5,421 shares in the last quarter. Pension & Wealth Management Advisors Inc. purchased a new position in shares of Dollar General in the 3rd quarter worth about $32,000. Cantor Fitzgerald Investment Advisors L.P. boosted its holdings in shares of Dollar General by 4.2% in the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 103,463 shares of the company's stock worth $12,372,000 after purchasing an additional 4,213 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in shares of Dollar General by 3.2% in the 3rd quarter. V Square Quantitative Management LLC now owns 7,004 shares of the company's stock worth $838,000 after purchasing an additional 214 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DG shares. Telsey Advisory Group raised their price objective on Dollar General from $125.00 to $140.00 and gave the company a "market perform" rating in a report on Friday, August 28th. Gordon Haskett upgraded Dollar General from a "hold" rating to a "buy" rating and set a $140.00 target price for the company in a research report on Tuesday, October 6th. Raymond James Financial reaffirmed an "outperform" rating and issued a $150.00 target price on shares of Dollar General in a research note on Friday, August 28th. The Goldman Sachs Group upped their target price on Dollar General from $128.00 to $141.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Finally, HSBC upgraded shares of Dollar General from a "hold" rating to a "buy" rating and increased their price target for the company from $125.00 to $160.00 in a research report on Thursday, September 24th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $137.96.

Dollar General Stock Performance

Dollar General stock opened at $134.29 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $29.63 billion, a PE ratio of 17.46, a P/E/G ratio of 1.83 and a beta of 0.23. The firm has a fifty day simple moving average of $124.55 and a two-hundred day simple moving average of $119.18. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings results 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. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the business posted $1.86 earnings per share. The company's revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Research analysts expect that Dollar General Corporation will post 7.69 EPS for the current year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, October 6th. Dollar General's payout ratio is 30.69%.

Dollar General Company Profile

Dollar General Corporation NYSE: DG operates a chain of discount retail stores focused on providing everyday goods at affordable prices. Its merchandise includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, home products, basic apparel, and select health and beauty products. Many stores also offer tobacco products, prepaid wireless services, and other convenience-oriented items.

The company primarily serves rural and suburban communities in the United States through a network of small-format stores located across most U.S.

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