Hudson Edge Investment Partners Inc. Increases Stock Holdings in Dollar General Corporation $DG

Hudson Edge Investment Partners Inc. increased its position in Dollar General Corporation (NYSE:DG) by 13.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,192 shares of the company’s stock after acquiring an additional 7,589 shares during the quarter. Dollar General comprises about 1.1% of Hudson Edge Investment Partners Inc.’s holdings, making the stock its 19th biggest holding. Hudson Edge Investment Partners Inc.’s holdings in Dollar General were worth $7,740,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Dollar General by 4.7% in 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 period. NewEdge Advisors LLC boosted its stake in Dollar General by 12.3% during the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares during the period. Woodline Partners LP boosted its stake in Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC purchased a new position in Dollar General during the second quarter worth about $211,000. Finally, Jump Financial LLC purchased a new position in Dollar General during the second quarter worth about $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the topic of several recent analyst reports. UBS Group reaffirmed a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. KeyCorp restated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Finally, HSBC dropped their target price on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, June 3rd. Ten research 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Trading Up 0.0%

NYSE DG opened at $118.19 on Friday. 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 stock’s 50-day simple moving average is $111.27 and its two-hundred day simple moving average is $128.69. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.80 and a beta of 0.25.

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

Dollar General Announces Dividend

The company also recently announced 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 dividend payout ratio is currently 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.