Savvy Advisors Inc. Has $1.59 Million Position in Dollar General Corporation $DG

Savvy Advisors Inc. grew its holdings in Dollar General Corporation (NYSE:DG) by 236.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,997 shares of the company’s stock after purchasing an additional 8,434 shares during the quarter. Savvy Advisors Inc.’s holdings in Dollar General were worth $1,593,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Perpetual Ltd lifted its stake in shares of Dollar General by 3.8% in the fourth quarter. Perpetual Ltd now owns 9,550 shares of the company’s stock valued at $1,268,000 after buying an additional 353 shares during the period. SteelPeak Wealth LLC lifted its stake in Dollar General by 3.6% during the fourth quarter. SteelPeak Wealth LLC now owns 2,424 shares of the company’s stock worth $322,000 after purchasing an additional 84 shares during the period. Earned Wealth Advisors LLC raised its stake in shares of Dollar General by 49.8% in the fourth quarter. Earned Wealth Advisors LLC now owns 4,185 shares of the company’s stock valued at $556,000 after acquiring an additional 1,392 shares during the last quarter. Aspire Private Capital LLC raised its stake in shares of Dollar General by 23.2% in the fourth quarter. Aspire Private Capital LLC now owns 4,816 shares of the company’s stock valued at $639,000 after acquiring an additional 906 shares during the last quarter. Finally, Kwmg LLC raised its stake in shares of Dollar General by 0.8% in the fourth quarter. Kwmg LLC now owns 58,159 shares of the company’s stock valued at $7,722,000 after acquiring an additional 446 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a report on Monday, December 29th. UBS Group reaffirmed a “buy” rating and set a $163.00 target price on shares of Dollar General in a report on Monday, March 16th. Piper Sandler boosted their price target on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, March 13th. BMO Capital Markets boosted their price target on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Finally, Morgan Stanley reduced their target price on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and an average target price of $145.19.

Dollar General Stock Up 4.3%

Shares of DG stock opened at $124.89 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The firm’s 50-day moving average is $139.84 and its 200-day moving average is $125.48. The stock has a market cap of $27.50 billion, a price-to-earnings ratio of 18.23, a PEG ratio of 1.94 and a beta of 0.34. Dollar General Corporation has a 52-week low of $84.70 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. Dollar General’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, April 7th. Dollar General’s dividend payout ratio is currently 34.45%.

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.