Blair William & Co. IL Raises Holdings in Dollar General Corporation $DG

Blair William & Co. IL grew its position in shares of Dollar General Corporation (NYSE:DG) by 52.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,665 shares of the company’s stock after buying an additional 1,938 shares during the period. Blair William & Co. IL’s holdings in Dollar General were worth $648,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DG. Harbor Investment Advisory LLC lifted its holdings in Dollar General by 35.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 492 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares in the last quarter. Mountain Hill Investment Partners Corp. lifted its holdings in Dollar General by 66.7% during the 1st quarter. Mountain Hill Investment Partners Corp. now owns 500 shares of the company’s stock worth $44,000 after purchasing an additional 200 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Dollar General by 170.1% during the 1st quarter. Golden State Wealth Management LLC now owns 543 shares of the company’s stock worth $48,000 after purchasing an additional 342 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Dollar General by 384.3% during the 1st quarter. Larson Financial Group LLC now owns 615 shares of the company’s stock worth $54,000 after purchasing an additional 488 shares in the last quarter. Finally, Bogart Wealth LLC lifted its holdings in Dollar General by 37.6% during the 1st quarter. Bogart Wealth LLC now owns 674 shares of the company’s stock worth $59,000 after purchasing an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

Shares of Dollar General stock opened at $103.87 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.27 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $22.86 billion, a PE ratio of 19.24, a price-to-earnings-growth ratio of 2.24 and a beta of 0.30. The business’s 50-day moving average price is $106.75 and its 200-day moving average price is $104.02. Dollar General Corporation has a 12 month low of $66.43 and a 12 month high of $117.95.

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

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, October 7th. Dollar General’s dividend payout ratio (DPR) is presently 43.70%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Barclays raised their price target on Dollar General from $119.00 to $127.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Piper Sandler raised their price target on Dollar General from $115.00 to $117.00 and gave the company a “neutral” rating in a report on Friday, August 29th. Loop Capital raised their price target on Dollar General from $110.00 to $120.00 and gave the company a “hold” rating in a report on Thursday, July 10th. Raymond James Financial raised their price target on Dollar General from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, JPMorgan Chase & Co. raised their price target on Dollar General from $95.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $115.40.

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.