Dollar General Corporation $DG Shares Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC boosted its holdings in Dollar General Corporation (NYSE:DG) by 983.7% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 26,268 shares of the company’s stock after buying an additional 23,844 shares during the period. SteelPeak Wealth LLC’s holdings in Dollar General were worth $3,119,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Dollar General by 4.7% in the 1st 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 boosted its position in Dollar General by 12.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after purchasing an additional 1,148 shares during the period. Woodline Partners LP boosted its position in Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dollar General in the 2nd quarter valued at $211,000. Finally, Jump Financial LLC acquired a new stake in Dollar General in the 2nd quarter valued at $209,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DG. HSBC reduced their price objective on Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, June 3rd. Loop Capital increased their target price on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft raised their target price on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Morgan Stanley reduced their price target on Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. Finally, UBS Group restated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Ten equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Shares of DG stock opened at $125.92 on Friday. 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 company’s fifty day moving average price is $111.86 and its two-hundred day moving average price is $127.58. The firm has a market capitalization of $27.78 billion, a P/E ratio of 17.81, a P/E/G ratio of 1.93 and a beta of 0.25. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating 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 the consensus estimate of $10.81 billion. During the same period last year, the firm earned $1.78 earnings per share. 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. On average, research analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s payout ratio is currently 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.