Graham Capital Management L.P. Trims Stock Holdings in Dollar General Corporation $DG

Graham Capital Management L.P. lowered its stake in shares of Dollar General Corporation (NYSE:DG) by 56.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 50,000 shares of the company’s stock after selling 65,000 shares during the period. Graham Capital Management L.P.’s holdings in Dollar General were worth $6,638,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Dollar General during the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Eastern Bank purchased a new position in shares of Dollar General during the 4th quarter valued at about $35,000. Flagship Harbor Advisors LLC purchased a new position in shares of Dollar General during the 4th quarter valued at about $36,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Dollar General during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

NYSE:DG opened at $114.00 on Wednesday. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The stock has a 50 day moving average of $112.99 and a two-hundred day moving average of $129.20. 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 firm has a market cap of $25.15 billion, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 1.77 and a beta of 0.26.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the business earned $1.78 EPS. Dollar General’s quarterly 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. On average, analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, July 7th. Dollar General’s payout ratio is 33.38%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DG shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $149.00 price objective on shares of Dollar General in a research note on Wednesday, June 3rd. Rothschild & Co Redburn reduced their price objective 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. Telsey Advisory Group reduced their price objective on Dollar General from $140.00 to $125.00 and set a “market perform” rating for the company in a research note on Wednesday, June 3rd. Loop Capital lifted their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Finally, Freedom Capital lowered Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and a consensus price target of $131.27.

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.