Fiera Capital Corp acquired a new stake in Dollar General Corporation (NYSE:DG – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund acquired 647,681 shares of the company’s stock, valued at approximately $85,993,000.
A number of other institutional investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new position in Dollar General in the fourth quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares during the period. Eastern Bank purchased a new position in Dollar General in the fourth quarter valued at $35,000. Flagship Harbor Advisors LLC purchased a new position in Dollar General in the fourth quarter valued at $36,000. Finally, Basepoint Wealth LLC purchased a new position in Dollar General in the fourth quarter valued at $39,000. 91.77% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
DG has been the subject of a number of recent research reports. Citigroup decreased their target price on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $149.00 target price on shares of Dollar General in a report on Wednesday. Barclays decreased their target price on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a report on Wednesday. Piper Sandler decreased their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Guggenheim decreased their target price on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $131.27.
Dollar General Stock Down 0.1%
Shares of NYSE DG opened at $103.57 on Monday. The company has a market capitalization of $22.85 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The business has a 50-day moving average of $113.86 and a two-hundred day moving average of $128.74. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23.
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.Dollar General’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts forecast that Dollar General Corporation will post 7.33 earnings per share for the current fiscal year.
Dollar General Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is 33.38%.
More Dollar General News
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
- Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
- Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
- Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
- Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
- Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General’s Q1 Beat Driven By Cost Control As CEO Exit Looms
- Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General
Dollar General Company Profile
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.
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