Dollar General Corporation $DG Stock Holdings Lessened by Arax Advisory Partners

Arax Advisory Partners lessened its holdings in shares of Dollar General Corporation (NYSE:DG) by 83.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,348 shares of the company’s stock after selling 69,231 shares during the quarter. Arax Advisory Partners’ holdings in Dollar General were worth $1,772,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Adams Diversified Equity Fund Inc. acquired a new stake in shares of Dollar General in the fourth quarter worth $18,375,000. Atlas Capital Advisors Inc. acquired a new stake in Dollar General during the fourth quarter worth $160,000. Aptus Capital Advisors LLC boosted its stake in Dollar General by 16.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 13,131 shares of the company’s stock worth $1,743,000 after buying an additional 1,880 shares in the last quarter. FORA Capital LLC increased its position in shares of Dollar General by 906.3% during the 4th quarter. FORA Capital LLC now owns 48,585 shares of the company’s stock worth $6,451,000 after purchasing an additional 43,757 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its holdings in Dollar General by 151.1% during the 4th quarter. CreativeOne Wealth LLC now owns 22,854 shares of the company’s stock valued at $3,034,000 after purchasing an additional 13,754 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

DG has been the subject of several recent research reports. Jefferies Financial Group dropped their price objective on Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Morgan Stanley reduced their price target on 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. Loop Capital increased their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Citigroup cut their price objective on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Finally, Rothschild & Co Redburn cut their price target on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Performance

Dollar General stock opened at $116.39 on Tuesday. The stock has a market cap of $25.67 billion, a PE ratio of 16.46, a P/E/G ratio of 1.75 and a beta of 0.26. 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 business’s 50-day moving average price is $113.11 and its two-hundred day moving average price is $129.16. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period in the previous year, the business posted $1.78 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s payout ratio is 33.38%.

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.