Kestra Investment Management LLC Invests $2.34 Million in Dollar General Corporation $DG

Kestra Investment Management LLC bought a new position in Dollar General Corporation (NYSE:DG) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 17,652 shares of the company’s stock, valued at approximately $2,344,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after purchasing an additional 412,542 shares during the period. State Street Corp lifted its position in shares of Dollar General by 9.1% in the 3rd quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after purchasing an additional 913,373 shares during the period. Baillie Gifford & Co. lifted its position in shares of Dollar General by 2.1% in the 4th quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock worth $440,286,000 after purchasing an additional 68,723 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Dollar General by 3.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock worth $290,599,000 after purchasing an additional 96,825 shares during the period. Finally, Life Cycle Investment Partners Ltd purchased a new stake in shares of Dollar General in the 4th quarter worth about $363,299,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Trading Up 0.0%

Shares of NYSE DG opened at $105.69 on Tuesday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The stock has a market cap of $23.28 billion, a P/E ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The firm has a 50-day moving average of $117.39 and a 200 day moving average of $128.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same period last year, the company posted $0.87 EPS. Dollar General’s revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, sell-side analysts expect that Dollar General Corporation will post 7.27 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.2%. Dollar General’s payout ratio is 34.45%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $140.00 target price on shares of Dollar General in a research report on Tuesday, March 24th. Wall Street Zen cut shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. BMO Capital Markets lifted their price target on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. Barclays reissued an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Finally, BNP Paribas Exane reissued a “neutral” rating and set a $127.00 price target on shares of Dollar General in a research report on Thursday, March 12th. Twelve analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Dollar General presently has an average rating of “Hold” and an average price target of $141.12.

About Dollar General

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.