Birmingham Capital Management Co. Inc. AL Acquires New Position in Dollar General Corporation $DG

Birmingham Capital Management Co. Inc. AL bought a new position in shares of Dollar General Corporation (NYSE:DG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,895 shares of the company’s stock, valued at approximately $1,599,000.

Several other institutional investors and hedge funds also recently bought and sold shares of DG. Caitong International Asset Management Co. Ltd raised its position in Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the period. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after acquiring an additional 79 shares during the period. Evergreen Advisors LLC acquired a new position in shares of Dollar General in the 1st quarter worth approximately $25,000. Finally, Reflection Asset Management purchased a new position in shares of Dollar General during the 4th quarter worth approximately $28,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DG. UBS Group reissued a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and dropped their price objective for the company from $140.00 to $110.00 in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Thursday, June 4th. BNP Paribas Exane reduced their target price on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research report on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $130.42.

Dollar General Trading Up 0.3%

NYSE DG opened at $122.97 on Thursday. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The firm has a 50 day moving average of $120.97 and a two-hundred day moving average of $123.31. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $27.13 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.86 and a beta of 0.23.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, research analysts expect that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s payout ratio is 33.38%.

Key Dollar General News

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

• Positive Sentiment: Analyst support remains favorable. Oppenheimer maintained its Buy rating on Dollar General, providing a positive signal ahead of the earnings release. Oppenheimer Keeps Their Buy Rating on Dollar General
• Positive Sentiment: Expectations call for year-over-year growth. Wall Street is forecasting approximately $2.02 in quarterly EPS and $11.20 billion in revenue. Dollar General previously exceeded its quarterly EPS estimate, which may support confidence if the company delivers another beat. Dollar General Q2 Earnings Forecast
• Positive Sentiment: Technical and valuation comparisons offer some support. Coverage of the dollar-store group notes that Dollar General and Dollar Tree are entering earnings with solid growth expectations, while both companies have attracted price-target increases and are considered to be in or near favorable buy zones. Dollar Stores in Earnings Spotlight

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.