Tracey Herrmann Sells 4,850 Shares of Dollar General (NYSE:DG) Stock

Dollar General Corporation (NYSE:DG) EVP Tracey Herrmann sold 4,850 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $131.39, for a total transaction of $637,241.50. Following the completion of the transaction, the executive vice president owned 26,098 shares in the company, valued at approximately $3,429,016.22. This trade represents a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Dollar General Stock Performance

Dollar General stock opened at $132.97 on Friday. Dollar General Corporation has a 52 week low of $66.43 and a 52 week high of $135.08. The stock has a fifty day moving average price of $106.36 and a 200 day moving average price of $108.42. The company has a current ratio of 1.17, a quick ratio of 0.24 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $29.27 billion, a P/E ratio of 22.97, a PEG ratio of 2.42 and a beta of 0.27.

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

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is currently 40.76%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on DG shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 8th. Telsey Advisory Group restated a “market perform” rating and set a $130.00 price objective (up from $123.00) on shares of Dollar General in a research note on Thursday, December 4th. Daiwa Capital Markets boosted their price objective on Dollar General from $113.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Wall Street Zen upgraded shares of Dollar General from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Finally, Loop Capital upped their price target on shares of Dollar General from $100.00 to $120.00 and gave the stock a “hold” rating in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $127.60.

Institutional Trading of Dollar General

Hedge funds and other institutional investors have recently modified their holdings of the business. Elevation Point Wealth Partners LLC acquired a new stake in Dollar General during the 2nd quarter valued at $25,000. Caldwell Trust Co acquired a new position in Dollar General in the second quarter worth $25,000. Atlantic Union Bankshares Corp bought a new stake in shares of Dollar General during the second quarter worth $26,000. Root Financial Partners LLC acquired a new stake in shares of Dollar General in the third quarter valued at $26,000. Finally, Peoples Financial Services CORP. bought a new position in shares of Dollar General in the third quarter valued at about $35,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Company 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.