Essential Partners LLC Sells 5,010 Shares of Dollar General Corporation $DG

Essential Partners LLC lessened its holdings in Dollar General Corporation (NYSE:DG) by 41.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,013 shares of the company’s stock after selling 5,010 shares during the quarter. Essential Partners LLC’s holdings in Dollar General were worth $833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Life Cycle Investment Partners Ltd purchased a new stake in Dollar General during the fourth quarter valued at about $363,299,000. AQR Capital Management LLC increased its holdings in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after buying an additional 2,036,573 shares during the period. Bessemer Group Inc. increased its holdings in shares of Dollar General by 24,882.5% in the fourth quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock worth $224,953,000 after buying an additional 1,687,533 shares during the period. Morgan Stanley lifted its stake in shares of Dollar General by 35.0% in the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after acquiring an additional 1,624,748 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Dollar General by 2,208.2% in the 1st quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock valued at $184,615,000 after acquiring an additional 1,487,554 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Down 0.7%

Shares of NYSE:DG opened at $127.72 on Friday. The stock’s 50-day moving average is $115.27 and its 200 day moving average is $126.48. The company has a market cap of $28.17 billion, a PE ratio of 18.06, a P/E/G ratio of 1.96 and a beta of 0.25. 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 1 year low of $95.11 and a 1 year high of $158.23.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations 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 last year, the business posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Guggenheim dropped their target price on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Loop Capital boosted their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Freedom Capital downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Daiwa Securities Group decreased their target price on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target 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.