Inspire Investing LLC Has $318,000 Holdings in Dollar General Corporation $DG

Inspire Investing LLC lifted its holdings in shares of Dollar General Corporation (NYSE:DG) by 5.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,615 shares of the company’s stock after purchasing an additional 189 shares during the period. Inspire Investing LLC’s holdings in Dollar General were worth $318,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ancora Advisors LLC raised its position in Dollar General by 1.7% in the 1st quarter. Ancora Advisors LLC now owns 7,258 shares of the company’s stock valued at $638,000 after buying an additional 122 shares during the last quarter. Eagle Rock Investment Company LLC boosted its stake in Dollar General by 0.5% during the first quarter. Eagle Rock Investment Company LLC now owns 28,983 shares of the company’s stock valued at $2,548,000 after buying an additional 156 shares during the period. CVA Family Office LLC increased its holdings in shares of Dollar General by 39.4% in the 1st quarter. CVA Family Office LLC now owns 570 shares of the company’s stock worth $50,000 after buying an additional 161 shares during the last quarter. Allworth Financial LP raised its position in Dollar General by 12.1% during the first quarter. Allworth Financial LP now owns 1,519 shares of the company’s stock valued at $142,000 after purchasing an additional 164 shares in the last quarter. Finally, Bogart Wealth LLC lifted its position in Dollar General by 37.6% in the 1st quarter. Bogart Wealth LLC now owns 674 shares of the company’s stock worth $59,000 after buying an additional 184 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of NYSE DG opened at $106.09 on Thursday. The company has a market cap of $23.35 billion, a P/E ratio of 19.65, a P/E/G ratio of 2.20 and a beta of 0.29. Dollar General Corporation has a 52-week low of $66.43 and a 52-week high of $117.95. The firm’s fifty day moving average is $110.17 and its two-hundred day moving average is $100.96. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25.

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

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.2%. Dollar General’s payout ratio is currently 43.70%.

Analyst Ratings Changes

A number of brokerages recently commented on DG. KeyCorp restated a “sector weight” rating on shares of Dollar General in a report on Wednesday, June 4th. Evercore ISI lifted their price objective on Dollar General from $118.00 to $120.00 and gave the stock an “in-line” rating in a report on Tuesday, August 12th. Loop Capital upped their target price on shares of Dollar General from $110.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, July 10th. Gordon Haskett raised shares of Dollar General from a “reduce” rating to an “accumulate” rating in a research report on Tuesday, June 3rd. Finally, The Goldman Sachs Group lowered shares of Dollar General from a “buy” rating to a “neutral” rating and boosted their target price for the company from $115.00 to $116.00 in a research note on Tuesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $113.50.

Dollar General Profile

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.