X Square Capital LLC Makes New Investment in Dollar General Corporation $DG

X Square Capital LLC bought a new stake in shares of Dollar General Corporation (NYSE:DG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 16,467 shares of the company’s stock, valued at approximately $1,896,000.

A number of other large investors also recently made changes to their positions in the stock. C M Bidwell & Associates Ltd. acquired a new stake in shares of Dollar General during the second quarter worth $276,000. Flossbach Von Storch SE acquired a new position in Dollar General in the second quarter valued at about $81,178,000. Great Lakes Advisors LLC acquired a new position in Dollar General in the second quarter valued at about $2,574,000. Danske Bank A S bought a new position in Dollar General during the second quarter worth about $11,182,000. Finally, Plato Investment Management Ltd bought a new position in Dollar General during the second quarter worth about $696,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DG shares. Daiwa Securities Group lowered their price target on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Morgan Stanley reduced their price objective on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 3rd. The Goldman Sachs Group decreased their price objective on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. BNP Paribas Exane lowered their target price 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, Telsey Advisory Group cut their target price on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dollar General has an average rating of “Hold” and an average target price of $130.42.

Dollar General Trading Up 2.1%

DG opened at $123.11 on Friday. The stock has a market capitalization of $27.16 billion, a P/E ratio of 17.41, a P/E/G ratio of 1.88 and a beta of 0.23. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The firm’s fifty day simple moving average is $120.34 and its 200 day simple moving average is $123.95.

Dollar General (NYSE:DG) last released its 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. 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 analysts’ expectations of $10.81 billion. During the same quarter in the prior year, the company earned $1.78 EPS. The company’s revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, research analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is presently 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.