Dollar General Corporation $DG Shares Newly Purchased by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners initiated a new Dollar General position, purchasing 10,314 shares valued at approximately $1.23 million. Institutional investors collectively own 91.77% of the company.
• Analysts remain mixed but generally neutral, with a consensus “Hold” rating and an average price target of $137.96; recent targets range from $123 to $150.
• Dollar General exceeded quarterly expectations, reporting $2.48 in adjusted earnings per share and $11.29 billion in revenue, while declaring a quarterly dividend of $0.59 per share.

Curated Wealth Partners LLC purchased a new position in Dollar General Corporation (NYSE:DG - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,314 shares of the company's stock, valued at approximately $1,233,000.

Other hedge funds have also recently made changes to their positions in the company. Nvwm LLC lifted its position in Dollar General by 2,780.0% during the third quarter. Nvwm LLC now owns 288 shares of the company's stock valued at $34,000 after purchasing an additional 278 shares during the period. Fort Washington Investment Advisors Inc. OH grew its position in Dollar General by 0.7% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 291,059 shares of the company's stock worth $34,805,000 after purchasing an additional 1,890 shares during the period. ZWJ Investment Counsel Inc. raised its stake in Dollar General by 7.9% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 166,892 shares of the company's stock valued at $19,957,000 after buying an additional 12,208 shares during the last quarter. Mather Group LLC. raised its stake in Dollar General by 295.4% during the 3rd quarter. Mather Group LLC. now owns 5,314 shares of the company's stock valued at $635,000 after buying an additional 3,970 shares during the last quarter. Finally, Fortitude Family Office LLC raised its stake in Dollar General by 2,911.1% during the 3rd quarter. Fortitude Family Office LLC now owns 2,981 shares of the company's stock valued at $356,000 after buying an additional 2,882 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DG. Piper Sandler raised their price target on Dollar General from $118.00 to $123.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Citigroup lifted their price objective on Dollar General from $116.00 to $133.00 and gave the stock a "neutral" rating in a report on Friday, August 28th. Oppenheimer reiterated an "outperform" rating and set a $150.00 price objective on shares of Dollar General in a research report on Tuesday, August 25th. BMO Capital Markets increased their target price on Dollar General from $120.00 to $135.00 and gave the company a "market perform" rating in a report on Friday, August 28th. Finally, Guggenheim reissued a "buy" rating and issued a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Twelve analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Dollar General presently has a consensus rating of "Hold" and an average price target of $137.96.

Dollar General Price Performance

Shares of NYSE:DG traded up $2.77 during midday trading on Thursday, reaching $132.71. 1,156,067 shares of the company were exchanged, compared to its average volume of 2,998,091. The business's fifty day moving average is $124.27 and its two-hundred day moving average is $118.95. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock has a market cap of $29.28 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.71 and a beta of 0.23. 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 issued 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. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The firm had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter last year, the business posted $1.86 earnings per share. The business's quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, analysts predict that Dollar General Corporation will post 7.69 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be issued a $0.59 dividend. 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 1.8%. Dollar General's dividend payout ratio (DPR) is presently 30.69%.

Dollar General 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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