NewEdge Wealth LLC Takes Position in Dollar General Corporation $DG

NewEdge Wealth LLC bought a new position in Dollar General Corporation (NYSE:DG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,539 shares of the company’s stock, valued at approximately $457,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its holdings in shares of Dollar General by 116.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock worth $310,538,000 after purchasing an additional 1,458,093 shares during the period. Norges Bank acquired a new stake in Dollar General during the 2nd quarter worth approximately $154,371,000. Massachusetts Financial Services Co. MA increased its position in Dollar General by 15,369.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company’s stock worth $139,450,000 after purchasing an additional 1,211,298 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in Dollar General by 10,936.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company’s stock valued at $137,736,000 after buying an additional 1,193,282 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Dollar General by 845.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,178,232 shares of the company’s stock valued at $134,766,000 after buying an additional 1,053,555 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: DG’s 2026 real‑estate plan lays out 4,730 projects including ~460 new stores and more larger-format remodels aimed at underserved rural towns — a clear growth and margin expansion strategy. Dollar General’s 2026 Real Estate Plan Focuses on Rural Markets
• Positive Sentiment: Local openings of DG Market (fresh‑food format) — including a new store south of Muncie — reinforce DG’s strategy to capture grocery spend in small markets and raise ticket/margin per visit. This supports comps and longer‑term revenue diversification. New DG Market opening south of Muncie will offer fresh groceries
• Positive Sentiment: Another local market expansion announced in Hurlock signals continued rollout of DG’s footprint and format diversification across small towns — incremental sales and share gains in those communities are the likely near‑term outcome. Dollar General announces market expansion in Hurlock
• Positive Sentiment: Oppenheimer raised its price target from $145 to $170 and kept an outperform rating — a prominent sell‑side upgrade that can drive buying interest and supports the rally thesis. DG price target raised at Oppenheimer
• Positive Sentiment: Analyst roundup pieces are flagging upside scenarios (one headline suggests potential >11% rally based on forecasts), which can amplify short‑term momentum and headline‑driven flows. Dollar General to rally more than 11%? Here are 10 top analyst forecasts for Tuesday
• Positive Sentiment: Momentum/quant coverage (Zacks, Seeking Alpha) highlight DG’s earnings consistency, defensive appeal and style‑score momentum, which can attract model‑driven and retail buyers. Here’s Why Dollar General (DG) is a Strong Momentum Stock
• Neutral Sentiment: Market coverage pieces comparing DG to peers (Walmart, Target, etc.) present mixed views on margins and growth — useful for long‑term allocation decisions but less likely to move the stock alone today. Walmart or Dollar General: Which Is the Better Retail Play Right Now?
• Neutral Sentiment: Recent daily market coverage notes DG outperformed as the broader market dipped — a factual wrap of recent trading rather than a fresh catalyst. Dollar General (DG) Gains As Market Dips: What You Should Know

Dollar General Stock Up 0.6%

DG opened at $153.86 on Wednesday. The stock’s 50 day moving average price is $144.66 and its 200 day moving average price is $120.65. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. The stock has a market cap of $33.87 billion, a P/E ratio of 26.57, a P/E/G ratio of 2.54 and a beta of 0.25. Dollar General Corporation has a 12 month low of $70.01 and a 12 month high of $155.00.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter in the previous year, the company earned $0.89 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, research analysts predict that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Tuesday, January 6th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, January 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.5%. Dollar General’s payout ratio is currently 40.76%.

Insider Activity

In other Dollar General news, EVP Rhonda Taylor sold 7,500 shares of Dollar General stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $134.89, for a total transaction of $1,011,675.00. Following the transaction, the executive vice president owned 73,492 shares of the company’s stock, valued at $9,913,335.88. The trade was a 9.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Carman R. Wenkoff sold 19,166 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $132.01, for a total transaction of $2,530,103.66. Following the completion of the transaction, the executive vice president owned 43,179 shares in the company, valued at approximately $5,700,059.79. This represents a 30.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 58,673 shares of company stock valued at $7,713,389 in the last ninety days. Corporate insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wolfe Research raised their target price on shares of Dollar General from $141.00 to $159.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. JPMorgan Chase & Co. increased their target price on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Argus raised their target price on Dollar General from $135.00 to $152.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $165.00 price target on shares of Dollar General in a research report on Monday, January 12th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dollar General currently has an average rating of “Hold” and a consensus target price of $145.37.

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.