Dollar General Corporation $DG Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its position in shares of Dollar General Corporation (NYSE:DG - Free Report) by 49,045.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,436 shares of the company's stock after buying an additional 32,370 shares during the period. Fulcrum Asset Management LLP's holdings in Dollar General were worth $3,978,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DG. AlphaCentric Advisors LLC lifted its stake in shares of Dollar General by 5.4% in the third quarter. AlphaCentric Advisors LLC now owns 1,790 shares of the company's stock worth $214,000 after acquiring an additional 92 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Dollar General by 4.6% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,286 shares of the company's stock valued at $273,000 after buying an additional 100 shares during the last quarter. Cidel Asset Management Inc. boosted its stake in shares of Dollar General by 2.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company's stock valued at $530,000 after buying an additional 106 shares during the last quarter. Ballentine Partners LLC boosted its stake in shares of Dollar General by 2.3% during the 2nd quarter. Ballentine Partners LLC now owns 5,470 shares of the company's stock valued at $630,000 after buying an additional 122 shares during the last quarter. Finally, Investment Research Partners LLC grew its position in shares of Dollar General by 6.2% during the third quarter. Investment Research Partners LLC now owns 2,377 shares of the company's stock worth $284,000 after buying an additional 138 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on DG shares. BNP Paribas Exane lifted their price target on shares of Dollar General from $113.00 to $129.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Raymond James Financial reiterated an "outperform" rating and set a $150.00 price objective on shares of Dollar General in a research note on Friday, August 28th. Argus raised their price objective on shares of Dollar General from $165.00 to $170.00 and gave the stock a "buy" rating in a report on Friday, September 4th. Citigroup boosted their target price on shares of Dollar General from $116.00 to $133.00 and gave the stock a "neutral" rating in a research report on Friday, August 28th. Finally, HSBC raised shares of Dollar General from a "hold" rating to a "buy" rating and boosted their target price for the stock from $125.00 to $160.00 in a research report on Thursday, September 24th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Dollar General presently has a consensus rating of "Hold" and an average target price of $137.96.

Dollar General Stock Performance

DG stock opened at $136.72 on Tuesday. The stock's 50 day simple moving average is $127.83 and its 200 day simple moving average is $125.72. Dollar General Corporation has a 12-month low of $97.32 and a 12-month high of $158.23. The firm has a market cap of $30.16 billion, a P/E ratio of 17.78, a P/E/G ratio of 1.89 and a beta of 0.19. 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 released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. The firm'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. As a group, equities research analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.7%. Dollar General's payout ratio is 30.69%.

Dollar General Profile

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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