Gallacher Capital Management LLC Buys Shares of 4,988 Dollar General Corporation $DG

Gallacher Capital Management LLC purchased a new stake in Dollar General Corporation (NYSE:DG) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,988 shares of the company’s stock, valued at approximately $574,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DG. Calamos Advisors LLC raised its position in Dollar General by 32.9% in the fourth quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Norges Bank bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $133,431,000. KBC Group NV grew its stake in shares of Dollar General by 63.8% in the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock valued at $7,230,000 after purchasing an additional 23,710 shares during the period. Finally, Pinebridge Investments LLC acquired a new position in shares of Dollar General in the 4th quarter worth approximately $11,864,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Down 0.5%

DG stock opened at $119.44 on Thursday. The business has a fifty day moving average price of $118.55 and a 200 day moving average price of $124.99. 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 Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The stock has a market capitalization of $26.35 billion, a price-to-earnings ratio of 16.89, a P/E/G ratio of 1.83 and a beta of 0.23.

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

Dollar General Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Citigroup cut their target price on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Freedom Capital cut Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Telsey Advisory Group reduced their target price on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. Daiwa Securities Group lowered their target price on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Finally, Morgan Stanley dropped their target price on shares of 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. Ten 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $131.27.

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.