Dollar General Corporation $DG Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC cut its stake in Dollar General Corporation (NYSE:DG) by 39.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,783 shares of the company’s stock after selling 4,382 shares during the period. Fairvoy Private Wealth LLC’s holdings in Dollar General were worth $805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Dollar General by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after purchasing an additional 1,148 shares during the last quarter. Woodline Partners LP grew its holdings in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Dollar General in the second quarter valued at $211,000. Finally, Jump Financial LLC purchased a new position in shares of Dollar General in the second quarter valued at $209,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DG. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Morgan Stanley cut their target price on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. Telsey Advisory Group reduced their price target on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Truist Financial increased their price target on shares of Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, June 2nd. Finally, Loop Capital raised their price objective on shares of Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Trading Down 1.3%

Shares of Dollar General stock opened at $117.61 on Friday. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The business’s fifty day moving average is $112.11 and its two-hundred day moving average is $129.15. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The firm has a market cap of $25.94 billion, a PE ratio of 16.63, a P/E/G ratio of 1.81 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the business earned $1.78 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio is presently 33.38%.

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.