Dollar General Corporation $DG Stake Lifted by Burney Co.

Burney Co. boosted its stake in Dollar General Corporation (NYSE:DG) by 138.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,092 shares of the company’s stock after buying an additional 11,668 shares during the period. Burney Co.’s holdings in Dollar General were worth $2,313,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after acquiring an additional 1,185 shares during the period. NewEdge Advisors LLC lifted its position in Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP boosted its stake in Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC bought a new position in Dollar General in the 2nd quarter worth about $211,000. Finally, Jump Financial LLC acquired a new stake in shares of Dollar General in the second quarter valued at approximately $209,000. 91.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on DG shares. The Goldman Sachs Group cut their target price on Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Guggenheim reduced their price objective on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Rothschild & Co Redburn dropped their price target 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. BNP Paribas Exane reduced their price target on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $149.00 price objective on shares of Dollar General in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Down 0.5%

DG stock opened at $119.44 on Thursday. The firm has a market cap of $26.35 billion, a PE ratio of 16.89, a P/E/G ratio of 1.83 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 has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The firm has a 50 day simple moving average of $118.55 and a 200 day simple moving average of $124.99.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the business posted $1.78 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities research analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend 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.