Dollar General Corporation $DG Shares Acquired by Savant Capital LLC

Savant Capital LLC lifted its position in shares of Dollar General Corporation (NYSE:DG) by 122.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 21,404 shares of the company’s stock after purchasing an additional 11,780 shares during the quarter. Savant Capital LLC’s holdings in Dollar General were worth $2,212,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Meridian Wealth Management LLC grew its stake in Dollar General by 5.5% during the third quarter. Meridian Wealth Management LLC now owns 1,955 shares of the company’s stock worth $202,000 after buying an additional 102 shares during the period. Accurate Wealth Management LLC lifted its holdings in shares of Dollar General by 1.2% during the 3rd quarter. Accurate Wealth Management LLC now owns 9,182 shares of the company’s stock valued at $952,000 after acquiring an additional 108 shares in the last quarter. Blue Trust Inc. boosted its position in Dollar General by 5.8% during the 2nd quarter. Blue Trust Inc. now owns 2,005 shares of the company’s stock worth $229,000 after purchasing an additional 110 shares during the period. Stablepoint Partners LLC increased its holdings in Dollar General by 0.6% in the 2nd quarter. Stablepoint Partners LLC now owns 17,474 shares of the company’s stock valued at $1,999,000 after purchasing an additional 110 shares in the last quarter. Finally, Wedmont Private Capital raised its position in Dollar General by 2.1% in the third quarter. Wedmont Private Capital now owns 5,810 shares of the company’s stock valued at $560,000 after purchasing an additional 118 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Insider Activity at Dollar General

In related news, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the sale, the executive vice president directly owned 22,295 shares of the company’s stock, valued at approximately $3,016,959.40. This represents a 30.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Tracey N. Herrmann sold 12,583 shares of Dollar General stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $125.07, for a total transaction of $1,573,755.81. Following the completion of the transaction, the executive vice president directly owned 30,948 shares of the company’s stock, valued at approximately $3,870,666.36. This represents a 28.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 58,673 shares of company stock worth $7,713,389 over the last quarter. 0.56% of the stock is owned by corporate insiders.

Dollar General Stock Up 1.2%

Shares of NYSE:DG opened at $146.70 on Monday. The firm has a market cap of $32.29 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 2.44 and a beta of 0.25. The company has a fifty day simple moving average of $138.43 and a 200 day simple moving average of $117.18. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. Dollar General Corporation has a 12-month low of $70.01 and a 12-month high of $154.75.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.33. The company had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the business earned $0.89 EPS. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, equities research analysts anticipate that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.6%. Dollar General’s dividend payout ratio is presently 40.76%.

Analyst Ratings Changes

DG has been the subject of several analyst reports. Morgan Stanley upped their target price on Dollar General from $135.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Truist Financial set a $144.00 price target on Dollar General in a report on Friday, January 16th. Loop Capital lifted their price objective on shares of Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday. Barclays upped their target price on shares of Dollar General from $127.00 to $151.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Finally, Evercore ISI lifted their price target on shares of Dollar General from $143.00 to $145.00 in a research note on Tuesday, February 3rd. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $143.85.

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.