Birmingham Capital Management Co. Inc. AL Makes New $1.60 Million Investment in Dollar General Corporation $DG

Birmingham Capital Management Co. Inc. AL acquired a new position in shares of Dollar General Corporation (NYSE:DG) in the 2nd quarter, Holdings Channel reports. The fund acquired 13,895 shares of the company’s stock, valued at approximately $1,599,000.

Several other large investors have also modified their holdings of DG. Parkside Financial Bank & Trust raised its stake in Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after acquiring an additional 69 shares in the last quarter. BOKF NA lifted its position in Dollar General by 15.2% in the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after acquiring an additional 73 shares during the last quarter. Strata Wealth Advisors LLC boosted its stake in Dollar General by 3.3% in the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after acquiring an additional 75 shares in the last quarter. Optimize Financial Inc boosted its stake in Dollar General by 1.4% in the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after acquiring an additional 76 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Trading Up 0.3%

NYSE DG opened at $122.97 on Thursday. The firm’s fifty day moving average is $120.97 and its two-hundred day moving average is $123.31. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The firm has a market cap of $27.13 billion, a PE ratio of 17.39, a P/E/G ratio of 1.86 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates 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 company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. 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. Shareholders of record on Tuesday, July 7th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Dollar General News Roundup

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

• Positive Sentiment: Analyst support remains favorable. Oppenheimer maintained its Buy rating on Dollar General, providing a positive signal ahead of the earnings release. Oppenheimer Keeps Their Buy Rating on Dollar General
• Positive Sentiment: Expectations call for year-over-year growth. Wall Street is forecasting approximately $2.02 in quarterly EPS and $11.20 billion in revenue. Dollar General previously exceeded its quarterly EPS estimate, which may support confidence if the company delivers another beat. Dollar General Q2 Earnings Forecast
• Positive Sentiment: Technical and valuation comparisons offer some support. Coverage of the dollar-store group notes that Dollar General and Dollar Tree are entering earnings with solid growth expectations, while both companies have attracted price-target increases and are considered to be in or near favorable buy zones. Dollar Stores in Earnings Spotlight

Analysts Set New Price Targets

A number of research firms have recently commented on DG. Raymond James Financial reiterated an “outperform” rating and set a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. HSBC decreased their target price on Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, June 3rd. Evercore dropped their price target on Dollar General from $145.00 to $140.00 in a research note on Wednesday, June 3rd. Oppenheimer reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research report on Tuesday. Finally, The Goldman Sachs Group reduced their price objective on Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus target price of $130.42.

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.