CWA Asset Management Group LLC Sells 12,803 Shares of Dollar General Corporation $DG

CWA Asset Management Group LLC cut its holdings in Dollar General Corporation (NYSE:DG) by 30.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,736 shares of the company’s stock after selling 12,803 shares during the period. CWA Asset Management Group LLC’s holdings in Dollar General were worth $3,308,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DG. Caitong International Asset Management Co. Ltd boosted its holdings in Dollar General by 4,550.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General in the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Evergreen Advisors LLC bought a new stake in Dollar General during the 1st quarter worth about $25,000. Finally, Reflection Asset Management acquired a new position in shares of Dollar General during the 4th quarter worth about $28,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DG has been the subject of several analyst reports. Sanford C. Bernstein restated an “outperform” rating and issued a $149.00 price objective on shares of Dollar General in a report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Piper Sandler reduced their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Daiwa Securities Group decreased their price target on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Finally, BNP Paribas Exane lowered their price target on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Dollar General presently has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Stock Performance

Shares of DG opened at $119.44 on Thursday. The company has a market cap of $26.35 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.83 and a beta of 0.23. The firm has a 50-day moving average of $118.55 and a 200-day moving average of $124.99. Dollar General Corporation has a one year low of $95.11 and a one year 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.

Dollar General (NYSE:DG) last issued its earnings results 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. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. 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 prior year, the firm earned $1.78 EPS. Dollar General’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, equities analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

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

Dollar General Company 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.