Janney Montgomery Scott LLC Has $5.39 Million Stock Holdings in Dollar General Corporation $DG

Janney Montgomery Scott LLC trimmed its holdings in shares of Dollar General Corporation (NYSE:DG) by 51.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,433 shares of the company’s stock after selling 48,365 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Dollar General were worth $5,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust raised its stake in shares of Dollar General by 9.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after acquiring an additional 69 shares during the last quarter. BOKF NA grew its stake in shares of Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after purchasing an additional 73 shares during the last quarter. Strata Wealth Advisors LLC increased its holdings in Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after purchasing an additional 75 shares during the period. Optimize Financial Inc increased its holdings in Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after purchasing an additional 76 shares during the period. Finally, Tevis Investment Management raised its position in Dollar General by 0.5% during the 3rd quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after purchasing an additional 77 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on DG. Oppenheimer cut their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 29th. Rothschild & Co Redburn decreased their price target on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft raised their price objective on Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $149.00 price objective on shares of Dollar General in a research note on Wednesday, June 3rd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a report on Friday, March 13th. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $131.27.

Dollar General Stock Performance

Shares of DG opened at $118.19 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $26.07 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 1.80 and a beta of 0.25. The firm’s fifty day simple moving average is $111.27 and its two-hundred day simple moving average is $128.69. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. The business’s revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, analysts predict that Dollar General Corporation will post 7.38 EPS for the current 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 paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s payout ratio is 33.38%.

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.