Fluent Financial LLC Buys 12,011 Shares of Dollar General Corporation $DG

Key Points

• Fluent Financial LLC acquired 12,011 Dollar General shares worth approximately $1.44 million, while institutional investors collectively own 91.77% of the company.
• Analysts maintain a generally neutral outlook, with 12 Buy, 16 Hold, and one Sell rating; the average price target is $137.96 versus the stock’s recent price of $125.01.
• Dollar General exceeded quarterly earnings expectations, reporting $2.48 in EPS and $11.29 billion in revenue, and declared a quarterly dividend of $0.59 per share, yielding about 1.9% annually.

Fluent Financial LLC acquired a new position in shares of Dollar General Corporation (NYSE:DG - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,011 shares of the company's stock, valued at approximately $1,436,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its position in shares of Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company's stock worth $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new stake in shares of Dollar General in the 1st quarter valued at approximately $25,000. Reflection Asset Management acquired a new stake in shares of Dollar General in the 4th quarter valued at approximately $28,000. Rosenberg Matthew Hamilton grew its stake in shares of Dollar General by 788.1% in the second quarter. Rosenberg Matthew Hamilton now owns 373 shares of the company's stock valued at $43,000 after buying an additional 331 shares in the last quarter. Finally, Community Bank N.A. grew its stake in shares of Dollar General by 216.4% in the second quarter. Community Bank N.A. now owns 443 shares of the company's stock valued at $51,000 after buying an additional 303 shares in the last quarter. Institutional investors own 91.77% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DG shares. Wolfe Research restated an "outperform" rating and set a $143.00 target price on shares of Dollar General in a report on Thursday, August 13th. Oppenheimer reiterated an "outperform" rating and issued a $150.00 price target on shares of Dollar General in a research note on Tuesday, August 25th. Telsey Advisory Group lifted their price objective on shares of Dollar General from $125.00 to $140.00 and gave the company a "market perform" rating in a research report on Friday, August 28th. Piper Sandler boosted their price objective on shares of Dollar General from $118.00 to $123.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Finally, The Goldman Sachs Group upped their target price on shares of Dollar General from $128.00 to $141.00 and gave the company a "neutral" rating in a report on Friday, August 28th. Twelve equities research 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. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $137.96.

Dollar General Stock Performance

Shares of NYSE DG traded down $1.53 during midday trading on Tuesday, hitting $125.01. 1,363,087 shares of the company's stock were exchanged, compared to its average volume of 3,012,293. 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 firm has a market capitalization of $27.58 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 1.74 and a beta of 0.23. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The company's 50 day moving average price is $124.21 and its 200 day moving average price is $118.88.

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 for the quarter, beating analysts' consensus estimates of $2.01 by $0.47. The business 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%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.86 EPS. 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 fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, October 6th. Dollar General's payout ratio is currently 30.69%.

About Dollar General

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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