Dollar General Corporation $DG Stock: Kestra Advisory Services LLC Grows Holdings

Kestra Advisory Services LLC increased its stake in shares of Dollar General Corporation (NYSE:DG) by 22.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,581 shares of the company’s stock after acquiring an additional 11,000 shares during the quarter. Kestra Advisory Services LLC’s holdings in Dollar General were worth $7,244,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in Dollar General in the second quarter valued at $162,412,000. Flossbach Von Storch SE bought a new position in shares of Dollar General during the 2nd quarter worth about $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Dollar General during the 2nd quarter worth about $50,887,000. Renaissance Technologies LLC grew its stake in shares of Dollar General by 121.3% in the 1st quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock valued at $83,610,000 after buying an additional 386,000 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Dollar General in the 2nd quarter valued at about $33,649,000. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Performance

Shares of DG opened at $137.34 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $30.30 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 1.83 and a beta of 0.19. The stock has a 50 day moving average of $128.16 and a 200 day moving average of $125.64. Dollar General Corporation has a 12 month low of $99.50 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The business had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the firm earned $1.86 earnings per share. The business’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, sell-side analysts forecast that Dollar General Corporation will post 7.70 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.7%. Dollar General’s dividend payout ratio is presently 30.69%.

Analyst Ratings Changes

A number of analysts recently commented on DG shares. Wall Street Zen lowered Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings upgraded Dollar General from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Citigroup raised their price objective on Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Oppenheimer reissued an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a research note on Tuesday, August 25th. Finally, BMO Capital Markets boosted their price objective on Dollar General from $120.00 to $135.00 and gave the company a “market perform” rating in a report on Friday, August 28th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dollar General presently has an average rating of “Hold” and an average price target of $137.96.

About Dollar General

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.