Arista Wealth Management LLC Makes New $351,000 Investment in Dollar General Corporation $DG

Arista Wealth Management LLC acquired a new stake in Dollar General Corporation (NYSE:DG) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,400 shares of the company’s stock, valued at approximately $351,000.

A number of other institutional investors also recently modified their holdings of DG. Bryn Mawr Trust Advisors LLC bought a new stake in shares of Dollar General during the third quarter valued at approximately $8,803,000. Allianz Asset Management GmbH boosted its stake in Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock valued at $83,263,000 after purchasing an additional 112,862 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Dollar General by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock worth $3,067,403,000 after purchasing an additional 384,447 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Dollar General by 5.4% in the third quarter. Jones Financial Companies Lllp now owns 555,176 shares of the company’s stock worth $56,749,000 after purchasing an additional 28,349 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Dollar General by 483.1% during the second quarter. Empowered Funds LLC now owns 30,630 shares of the company’s stock valued at $3,503,000 after purchasing an additional 25,377 shares in the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Performance

DG opened at $147.39 on Tuesday. Dollar General Corporation has a fifty-two week low of $70.01 and a fifty-two week high of $154.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The company has a fifty day moving average of $139.19 and a 200 day moving average of $117.46. The stock has a market capitalization of $32.44 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 2.44 and a beta of 0.24.

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

Dollar General Dividend Announcement

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. This represents a $2.36 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, January 6th. Dollar General’s payout ratio is presently 40.76%.

Insider Buying and Selling at Dollar General

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $135.32, for a total value of $1,322,888.32. Following the transaction, the executive vice president directly owned 22,295 shares in the company, valued at $3,016,959.40. This represents a 30.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Carman R. Wenkoff sold 19,166 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $132.01, for a total value of $2,530,103.66. Following the completion of the transaction, the executive vice president directly owned 43,179 shares in the company, valued at approximately $5,700,059.79. This trade represents a 30.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 58,673 shares of company stock valued at $7,713,389. 0.56% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $130.00 price objective (up from $123.00) on shares of Dollar General in a report on Thursday, December 4th. Wells Fargo & Company lifted their price target on shares of Dollar General from $115.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, December 19th. Citigroup increased their price objective on shares of Dollar General from $112.00 to $138.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Loop Capital lifted their target price on shares of Dollar General from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Evercore ISI increased their price target on Dollar General from $143.00 to $145.00 in a report on Tuesday, February 3rd. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $143.85.

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.