Great Lakes Advisors LLC Purchases Shares of 22,359 Dollar General Corporation $DG

Great Lakes Advisors LLC acquired a new position in Dollar General Corporation (NYSE:DG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 22,359 shares of the company’s stock, valued at approximately $2,574,000.

Several other large investors have also recently modified their holdings of DG. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new position in Dollar General during the 1st quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Dollar General by 69.3% during 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 in the last quarter. Finally, Reflection Asset Management purchased a new stake in Dollar General in the fourth quarter valued at about $28,000. Institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

NYSE:DG opened at $123.11 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The stock’s 50-day moving average price is $120.34 and its 200-day moving average price is $123.95. The stock has a market capitalization of $27.16 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.83 and a beta of 0.23.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter in the prior year, the firm posted $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 expect that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.

Analysts Set New Price Targets

A number of research firms recently commented on DG. Guggenheim decreased 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. Sanford C. Bernstein reiterated an “outperform” rating and issued a $149.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. BMO Capital Markets reduced their price target on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 price objective on shares of Dollar General in a report on Wednesday, June 3rd. Finally, Telsey Advisory Group cut their price objective 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. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $130.42.

About Dollar General

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.