Dollar General Corporation $DG Shares Sold by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC lowered its position in shares of Dollar General Corporation (NYSE:DG) by 19.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,100 shares of the company’s stock after selling 5,268 shares during the quarter. Dollar General makes up approximately 1.9% of Elevate Capital Advisors LLC’s holdings, making the stock its 16th biggest holding. Elevate Capital Advisors LLC’s holdings in Dollar General were worth $2,934,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DG. Caldwell Trust Co purchased a new position in Dollar General during the second quarter worth approximately $25,000. Root Financial Partners LLC purchased a new position in Dollar General during the third quarter worth approximately $26,000. Peoples Financial Services CORP. purchased a new position in Dollar General during the third quarter worth approximately $35,000. Eastern Bank purchased a new position in Dollar General during the fourth quarter worth approximately $35,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Dollar General during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Performance

NYSE:DG opened at $115.72 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $25.49 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.87 and a beta of 0.34. The firm’s fifty day simple moving average is $137.87 and its 200 day simple moving average is $125.80. Dollar General Corporation has a twelve month low of $86.25 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.36. The business had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities research analysts expect that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th will be issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General’s payout ratio is presently 34.45%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Oppenheimer increased their price target on shares of Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $140.00 price target on shares of Dollar General in a research note on Tuesday, March 24th. UBS Group reaffirmed a “buy” rating and set a $163.00 price target on shares of Dollar General in a research note on Monday, March 16th. Barclays reaffirmed an “overweight” rating on shares of Dollar General in a research note on Thursday, March 12th. Finally, BNP Paribas Exane reaffirmed a “neutral” rating and set a $127.00 price target on shares of Dollar General in a research note on Thursday, March 12th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $146.54.

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.