2,149 Shares in Dollar General Corporation $DG Bought by Fourpath Capital Management LLC

Fourpath Capital Management LLC bought a new position in Dollar General Corporation (NYSE:DG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,149 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors have also recently bought and sold shares of the company. Aurora Private Wealth Inc. bought a new position in Dollar General in the 2nd quarter worth $230,000. Katamaran Capital LLP bought a new position in Dollar General in the 2nd quarter worth $2,558,000. Commerzbank Aktiengesellschaft FI bought a new position in Dollar General in the 2nd quarter worth $217,000. Callan Family Office LLC bought a new position in Dollar General in the 2nd quarter worth $479,000. Finally, Blair William & Co. IL grew its position in Dollar General by 52.0% in the 2nd quarter. Blair William & Co. IL now owns 5,665 shares of the company’s stock worth $648,000 after purchasing an additional 1,938 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Dollar General in a research report on Saturday, September 27th. Sanford C. Bernstein raised their price target on shares of Dollar General from $122.00 to $134.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Truist Financial raised their price target on shares of Dollar General from $119.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 29th. Telsey Advisory Group set a $123.00 price target on shares of Dollar General in a research report on Friday, August 29th. Finally, The Goldman Sachs Group lowered shares of Dollar General from a “buy” rating to a “neutral” rating and raised their price target for the stock from $115.00 to $116.00 in a research report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $115.40.

Dollar General Trading Up 0.7%

Shares of DG stock opened at $99.38 on Friday. Dollar General Corporation has a 12-month low of $66.43 and a 12-month high of $117.95. The company has a market capitalization of $21.88 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.08 and a beta of 0.30. The firm has a 50-day moving average price of $107.44 and a 200 day moving average price of $103.55. The company has a quick ratio of 0.27, a current ratio of 1.25 and a debt-to-equity ratio of 0.71.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.30. Dollar General had a net margin of 2.86% and a return on equity of 17.97%. The firm had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.68 billion. During the same period last year, the firm posted $1.70 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Research analysts forecast that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is currently 43.70%.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.