16,467 Shares in Dollar General Corporation $DG Bought by X Square Capital LLC

X Square Capital LLC bought a new stake in Dollar General Corporation (NYSE:DG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,467 shares of the company’s stock, valued at approximately $1,896,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock valued at $3,625,822,000 after acquiring an additional 412,542 shares in the last quarter. State Street Corp increased its position in shares of Dollar General by 0.5% in the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after acquiring an additional 53,624 shares during the last quarter. Morgan Stanley raised its holdings in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after acquiring an additional 1,624,748 shares in the last quarter. Geode Capital Management LLC raised 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 worth $754,857,000 after acquiring an additional 42,936 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Dollar General by 47.9% during the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after purchasing an additional 1,208,892 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DG has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Gordon Haskett cut Dollar General from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $140.00 to $110.00 in a research note on Friday, May 22nd. Guggenheim cut their price objective on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Daiwa Securities Group decreased their target price on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Finally, Truist Financial boosted their target price on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, June 2nd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $130.42.

Dollar General Stock Up 2.1%

DG opened at $123.11 on Friday. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The stock’s fifty day simple moving average is $120.34 and its 200 day simple moving average is $123.95. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The stock has a market cap of $27.16 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.88 and a beta of 0.23.

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

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is currently 33.38%.

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.