Kestra Investment Management LLC Makes New Investment in Dollar General Corporation $DG

Kestra Investment Management LLC bought a new position in Dollar General Corporation (NYSE:DG) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 17,652 shares of the company’s stock, valued at approximately $2,344,000.

Several other large investors have also bought and sold shares of DG. Root Financial Partners LLC purchased a new position in Dollar General in the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings 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 worth $26,000 after buying an additional 79 shares during the last quarter. Eastern Bank purchased a new position in Dollar General in the fourth quarter worth about $35,000. Flagship Harbor Advisors LLC purchased a new position in Dollar General in the fourth quarter worth about $36,000. Finally, First Horizon Corp raised its holdings in Dollar General by 74.4% in the fourth quarter. First Horizon Corp now owns 340 shares of the company’s stock worth $45,000 after buying an additional 145 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Stock Performance

Shares of NYSE DG opened at $105.69 on Tuesday. The firm has a 50 day moving average of $117.39 and a 200 day moving average of $128.45. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $23.28 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, research analysts anticipate that Dollar General Corporation will post 7.27 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, April 7th. Dollar General’s payout ratio is 34.45%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Morgan Stanley reduced their price target on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Barclays reiterated an “overweight” rating on shares of Dollar General in a research note on Thursday, March 12th. Rothschild & Co Redburn reduced their price target on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research note on Monday, May 18th. Finally, UBS Group reiterated a “buy” rating and issued a $163.00 price target on shares of Dollar General in a research note on Monday, March 16th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average target price of $141.12.

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.