Pinkerton Wealth LLC bought a new stake in shares of Dollar General Corporation (NYSE:DG – Free Report) in the third quarter, Holdings Channel reports. The fund bought 19,624 shares of the company’s stock, valued at approximately $2,028,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bryn Mawr Trust Advisors LLC acquired a new stake in Dollar General in the 3rd quarter valued at about $8,803,000. Arista Wealth Management LLC purchased a new position in Dollar General in the 3rd quarter worth approximately $351,000. Allianz Asset Management GmbH boosted its holdings in shares of Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock worth $83,263,000 after purchasing an additional 112,862 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Dollar General by 1.5% in the second quarter. Vanguard Group Inc. now owns 26,817,649 shares of the company’s stock valued at $3,067,403,000 after purchasing an additional 384,447 shares in the last quarter. Finally, Westpac Banking Corp grew its position in shares of Dollar General by 765.2% in the third quarter. Westpac Banking Corp now owns 9,197 shares of the company’s stock valued at $951,000 after purchasing an additional 8,134 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Dollar General News Roundup
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: Wolfe Research raised its price target to $165 (from $159), signaling confidence in Dollar General’s outlook and providing upside versus many other targets. Wolfe adjusts price target on Dollar General to $165 from $159
- Positive Sentiment: Zacks profiles DG as a long-term value stock, reinforcing a positive narrative for investors focused on durable, value-oriented retail exposure. Why Dollar General (DG) is a Top Value Stock for the Long-Term
- Positive Sentiment: Jim Cramer expressed bullish views on DG, noting it benefits when consumers tighten budgets — though he flagged a sharp oil spike to $120 as a risk. Jim Cramer bullish on Dollar General unless “oil makes a quick run to $120”
- Positive Sentiment: Market commentary on ETFs and a “K-shaped” consumer recovery highlights DG as a beneficiary if budget-conscious shopping continues, supporting sector-level investor demand. (MarketBeat coverage)
- Neutral Sentiment: Zacks published a “countdown” preview for DG’s upcoming Q4 earnings with analysts’ key metric forecasts — an event that could swing shares depending on comps, margins and inventory commentary. Countdown to Dollar General (DG) Q4 Earnings
- Neutral Sentiment: Geopolitical escalation and a sharp rise in crude pushed gasoline expectations higher; coverage naming retailers “at risk” raises uncertainty — oil-driven headwinds could reduce consumer discretionary spending or alternatively push shoppers toward discount chains. Walmart and three retailers most at risk from rising gasoline prices
- Negative Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating and set a $130 price target on DG — a notable discount to the current share price and a downward signal for investor expectations. Benzinga
- Negative Sentiment: AmericanBankingNews shows some analysts placing targets near $132, which, while raised from prior levels for that outlet, remains below the market and contributes to mixed sentiment. Dollar General (NYSE:DG) Price Target Raised to $132.00
Dollar General Trading Down 0.7%
Insider Activity
In other news, CAO Anita C. Elliott sold 2,516 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $132.52, for a total transaction of $333,420.32. Following the completion of the transaction, the chief accounting officer directly owned 29,344 shares in the company, valued at $3,888,666.88. This trade represents a 7.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Tracey N. Herrmann sold 12,583 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $125.07, for a total value of $1,573,755.81. Following the completion of the sale, the executive vice president owned 30,948 shares in the company, valued at $3,870,666.36. This represents a 28.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 58,673 shares of company stock worth $7,713,389 in the last three months. 0.56% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on DG. Barclays lifted their price objective on Dollar General from $127.00 to $151.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft raised Dollar General from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a research note on Thursday, January 8th. Argus upped their price objective on shares of Dollar General from $135.00 to $152.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Sanford C. Bernstein raised their price objective on shares of Dollar General from $141.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Morgan Stanley boosted their target price on shares of Dollar General from $135.00 to $160.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Dollar General has a consensus rating of “Hold” and a consensus target price of $146.15.
Get Our Latest Analysis on Dollar General
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.
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