Proficio Capital Partners LLC Buys Shares of 3,968 Dollar General Corporation $DG

Proficio Capital Partners LLC bought a new position in Dollar General Corporation (NYSE:DG) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 3,968 shares of the company’s stock, valued at approximately $457,000.

Several other institutional investors have also modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Dollar General by 4,550.0% in the 4th 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 last quarter. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General during the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 worth $26,000 after buying an additional 79 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in shares of Dollar General during the 1st quarter valued at approximately $25,000. Finally, Reflection Asset Management purchased a new stake in shares of Dollar General during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of Dollar General stock opened at $130.91 on Thursday. The stock has a market capitalization of $28.88 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.79 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The business has a 50-day moving average of $122.27 and a 200 day moving average of $122.62. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. The business had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.86 earnings per share. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, sell-side analysts forecast that Dollar General Corporation will post 7.68 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is 30.69%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DG shares. Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Barclays decreased their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Piper Sandler raised their price objective on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Telsey Advisory Group boosted their price objective on shares of Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, August 28th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Dollar General in a research report on Friday, August 28th. 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, the company has a consensus rating of “Hold” and a consensus target price of $134.65.

Dollar General 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.