Summitry LLC Buys 4,812 Shares of Dollar General Corporation $DG

Summitry LLC lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 142.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,200 shares of the company’s stock after acquiring an additional 4,812 shares during the quarter. Summitry LLC’s holdings in Dollar General were worth $1,089,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Dollar General in the third quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares during the period. Eastern Bank bought a new stake in Dollar General during the 4th quarter valued at $35,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Dollar General in the 4th quarter worth $36,000. Finally, First Horizon Corp grew its position in shares of Dollar General by 74.4% during the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after buying an additional 145 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Trading Up 0.0%

NYSE DG opened at $105.69 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The company has a market capitalization of $23.28 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The company’s 50-day simple moving average is $117.39 and its two-hundred day simple moving average is $128.45. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities analysts forecast that Dollar General Corporation will post 7.27 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.2%. Dollar General’s payout ratio is presently 34.45%.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Wolfe Research restated an “outperform” rating and set a $165.00 price target on shares of Dollar General in a research note on Thursday, March 12th. Truist Financial set a $139.00 price objective on Dollar General in a report on Thursday, March 12th. Rothschild & Co Redburn cut their target price on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research report on Monday, May 18th. Barclays reissued an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Finally, Morgan Stanley cut their target price on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Friday, March 13th. 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 stock. According to MarketBeat, Dollar General has a consensus rating of “Hold” and an average price target of $141.12.

About Dollar General

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.