Dollar General Corporation $DG Stake Decreased by Sather Financial Group Inc

Sather Financial Group Inc lessened its position in Dollar General Corporation (NYSE:DG) by 2.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 578,703 shares of the company’s stock after selling 16,168 shares during the quarter. Dollar General accounts for 4.2% of Sather Financial Group Inc’s portfolio, making the stock its 8th largest position. Sather Financial Group Inc’s holdings in Dollar General were worth $68,709,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DG. Burney Co. bought a new position in Dollar General during the 1st quarter valued at about $1,000,000. Swedbank AB lifted its stake in Dollar General by 49.8% in the first quarter. Swedbank AB now owns 608,408 shares of the company’s stock worth $72,236,000 after purchasing an additional 202,210 shares during the last quarter. Integrated Advisors Network LLC purchased a new position in shares of Dollar General during the first quarter valued at approximately $225,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Dollar General by 8.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 67,503 shares of the company’s stock valued at $8,439,000 after buying an additional 5,242 shares during the period. Finally, Whittier Trust Co. grew its stake in shares of Dollar General by 10.1% during the first quarter. Whittier Trust Co. now owns 119,182 shares of the company’s stock valued at $14,899,000 after buying an additional 10,981 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on DG. Jefferies Financial Group reduced their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 price objective on shares of Dollar General in a research report on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Truist Financial lifted their target price on Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $149.00 target price on shares of Dollar General in a research note on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Up 0.7%

Shares of NYSE:DG traded up $0.79 during trading hours on Tuesday, hitting $117.06. The company’s stock had a trading volume of 408,930 shares, compared to its average volume of 3,356,222. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The company has a market capitalization of $25.82 billion, a price-to-earnings ratio of 16.56, a P/E/G ratio of 1.80 and a beta of 0.25. The firm’s fifty day moving average price is $111.27 and its 200 day moving average price is $128.66.

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

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 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.