Fuller & Thaler Asset Management Inc. Has $33.17 Million Position in Dollar General Corporation $DG

Key Points

• Fuller & Thaler Asset Management Inc. increased its holdings in Dollar General by 24.6% during Q1, bringing its total shares to 377,257, valued at approximately $33.17 million.
• Wall Street analysts have raised target prices for Dollar General, with Barclays setting a new target of $119.00, while the consensus rating remains a "Hold" with an average price target of $108.80.
• Dollar General recently declared a quarterly dividend of $0.59 per share, resulting in an annualized dividend yield of 2.1%.

Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Dollar General Corporation (NYSE:DG - Free Report) by 24.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 377,257 shares of the company's stock after buying an additional 74,592 shares during the period. Fuller & Thaler Asset Management Inc. owned about 0.17% of Dollar General worth $33,172,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Studio Investment Management LLC boosted its stake in Dollar General by 16.4% during the fourth quarter. Studio Investment Management LLC now owns 989 shares of the company's stock worth $75,000 after buying an additional 139 shares in the last quarter. Eagle Rock Investment Company LLC boosted its stake in shares of Dollar General by 0.5% in the 1st quarter. Eagle Rock Investment Company LLC now owns 28,983 shares of the company's stock valued at $2,548,000 after purchasing an additional 156 shares in the last quarter. CVA Family Office LLC boosted its stake in shares of Dollar General by 39.4% in the 1st quarter. CVA Family Office LLC now owns 570 shares of the company's stock valued at $50,000 after purchasing an additional 161 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Dollar General by 12.1% in the 1st quarter. Allworth Financial LP now owns 1,519 shares of the company's stock valued at $142,000 after purchasing an additional 164 shares in the last quarter. Finally, Bogart Wealth LLC boosted its stake in shares of Dollar General by 37.6% in the 1st quarter. Bogart Wealth LLC now owns 674 shares of the company's stock valued at $59,000 after purchasing an additional 184 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Dollar General from $88.00 to $95.00 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. Loop Capital boosted their target price on shares of Dollar General from $110.00 to $120.00 and gave the company a "hold" rating in a research note on Thursday, July 10th. Barclays boosted their target price on shares of Dollar General from $100.00 to $119.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Jefferies Financial Group restated a "buy" rating on shares of Dollar General in a research note on Tuesday, June 3rd. Finally, Cfra Research upgraded shares of Dollar General to a "hold" rating in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, Dollar General has a consensus rating of "Hold" and an average price target of $108.80.

Insider Activity

In other Dollar General news, EVP Kathleen A. Reardon sold 6,438 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $111.56, for a total transaction of $718,223.28. Following the completion of the sale, the executive vice president directly owned 41,646 shares of the company's stock, valued at approximately $4,646,027.76. The trade was a 13.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Emily C. Taylor sold 1,969 shares of the business's stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $113.00, for a total value of $222,497.00. Following the sale, the executive vice president directly owned 46,563 shares of the company's stock, valued at $5,261,619. This represents a 4.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.56% of the company's stock.

Dollar General Stock Performance

Dollar General stock opened at $112.58 on Wednesday. The stock has a 50-day simple moving average of $112.09 and a 200 day simple moving average of $96.10. The company has a quick ratio of 0.20, a current ratio of 1.23 and a debt-to-equity ratio of 0.74. Dollar General Corporation has a 12-month low of $66.43 and a 12-month high of $126.98. The stock has a market capitalization of $24.78 billion, a price-to-earnings ratio of 21.48, a P/E/G ratio of 2.75 and a beta of 0.31.

Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.32. Dollar General had a return on equity of 17.93% and a net margin of 2.81%.The business had revenue of $10.44 billion during the quarter, compared to analysts' expectations of $10.25 billion. During the same period in the previous year, the business posted $1.65 earnings per share. The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 5.200-5.800 EPS. On average, research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 8th. Dollar General's payout ratio is currently 45.04%.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.

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