Venturi Wealth Management LLC reduced its stake in shares of Dollar General Corporation (NYSE:DG – Free Report) by 77.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,751 shares of the company’s stock after selling 6,138 shares during the quarter. Venturi Wealth Management LLC’s holdings in Dollar General were worth $208,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its position in shares of Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General in the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position 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 buying an additional 79 shares in the last quarter. Reflection Asset Management acquired a new stake in Dollar General during the 4th quarter worth $28,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Dollar General during the 4th quarter worth $31,000. 91.77% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
DG has been the topic of a number of research analyst reports. Citigroup dropped their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and decreased their price objective for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Piper Sandler lowered their target price on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. BMO Capital Markets dropped their target price on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Finally, Oppenheimer cut their price target on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $131.27.
Dollar General Stock Performance
DG opened at $115.16 on Wednesday. The business’s 50-day moving average price is $111.71 and its two-hundred day moving average price is $128.99. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market capitalization of $25.40 billion, a price-to-earnings ratio of 16.29, a P/E/G ratio of 1.79 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.Dollar General’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities analysts expect that Dollar General Corporation will post 7.38 EPS for the current fiscal year.
Dollar General Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s payout ratio is presently 33.38%.
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.
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