Westpac Banking Corp Has $951,000 Stock Position in Dollar General Corporation $DG

Westpac Banking Corp boosted its position in Dollar General Corporation (NYSE:DG) by 765.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,197 shares of the company’s stock after purchasing an additional 8,134 shares during the quarter. Westpac Banking Corp’s holdings in Dollar General were worth $951,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Cardinal Point Capital Management ULC raised its stake in shares of Dollar General by 5.0% during the third quarter. Cardinal Point Capital Management ULC now owns 2,120 shares of the company’s stock valued at $219,000 after acquiring an additional 100 shares during the last quarter. Meridian Wealth Management LLC boosted its stake in shares of Dollar General by 5.5% in the 3rd quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock valued at $202,000 after purchasing an additional 102 shares during the last quarter. Accurate Wealth Management LLC increased its position in shares of Dollar General by 1.2% during the third quarter. Accurate Wealth Management LLC now owns 9,182 shares of the company’s stock worth $952,000 after buying an additional 108 shares during the period. Stablepoint Partners LLC lifted its holdings in Dollar General by 0.6% in the second quarter. Stablepoint Partners LLC now owns 17,474 shares of the company’s stock valued at $1,999,000 after buying an additional 110 shares during the period. Finally, Wedmont Private Capital boosted its position in Dollar General by 2.1% during the third quarter. Wedmont Private Capital now owns 5,810 shares of the company’s stock valued at $560,000 after acquiring an additional 118 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Price Performance

DG opened at $153.98 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $33.89 billion, a P/E ratio of 26.59, a PEG ratio of 2.57 and a beta of 0.25. The stock has a 50-day moving average price of $145.36 and a 200-day moving average price of $121.12. Dollar General Corporation has a 12-month low of $70.01 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter last year, the business earned $0.89 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Equities analysts predict that Dollar General Corporation will post 5.75 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, January 20th. Investors of record on Tuesday, January 6th were issued a $0.59 dividend. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.5%. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Insider Buying and Selling

In other Dollar General news, EVP Rhonda Taylor sold 7,500 shares of Dollar General stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $134.89, for a total value of $1,011,675.00. Following the completion of the transaction, the executive vice president directly owned 73,492 shares of the company’s stock, valued at $9,913,335.88. This trade represents a 9.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the sale, the chief accounting officer owned 29,344 shares of the company’s stock, valued at $3,888,666.88. This trade represents a 7.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,673 shares of company stock valued at $7,713,389 over the last ninety days. 0.56% of the stock is owned by insiders.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Jefferies raised its price target to $178 (from $165), signaling upside and contributing to buy-side momentum. Jefferies adjusts price target on Dollar General to $178 from $165
• Positive Sentiment: Guggenheim raised its PT to $165 (from $140) and maintained a Buy rating, citing improving top-line momentum that suggests an early turnaround. Dollar General (DG) Price Targets Raised to $165 and $168 on Turnaround Momentum
• Positive Sentiment: Oppenheimer issued a bullish forecast for strong price appreciation, adding to positive analyst chatter that has lifted investor optimism. Oppenheimer Forecasts Strong Price Appreciation for Dollar General (NYSE:DG) Stock
• Positive Sentiment: Coverage in retail-focused pieces (Zacks, Yahoo/Costco-themed roundups) names DG as a discount-retail name to watch, supporting investor interest in its resilience and margin initiatives. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Local expansion news: a new Tyrone DG Market is expected to open in spring — incremental store openings are steady but unlikely to move the stock materially alone. Briefcase: Tyrone DG Market expected to open in spring
• Neutral Sentiment: Other industry stories (REIT demand, retail earnings roundups) provide context but are not specific drivers for DG’s near-term move. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Negative Sentiment: Rothschild & Co Redburn issued a Sell rating with a $111 price target and projected FY2029 EPS of $6.92 — a bearish view that pressures the stock amid concerns over valuation and longer-term execution. (research report)

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. The Goldman Sachs Group upgraded Dollar General from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Wells Fargo & Company raised their price target on shares of Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a research report on Friday, December 19th. Truist Financial set a $144.00 target price on Dollar General in a report on Friday, January 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a research report on Monday, December 29th. Finally, Piper Sandler lifted their target price on Dollar General from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $145.85.

Dollar General 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.