Fairvoy Private Wealth LLC Lowers Stock Position in Dollar General Corporation $DG

Fairvoy Private Wealth LLC trimmed its position in shares of Dollar General Corporation (NYSE:DG) by 39.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 6,783 shares of the company’s stock after selling 4,382 shares during the period. Fairvoy Private Wealth LLC’s holdings in Dollar General were worth $805,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Ritholtz Wealth Management boosted its holdings in Dollar General by 34.8% in the first quarter. Ritholtz Wealth Management now owns 2,079 shares of the company’s stock valued at $247,000 after acquiring an additional 537 shares during the last quarter. Global Financial Private Client LLC acquired a new stake in Dollar General during the first quarter worth about $338,000. MBM Wealth Consultants LLC purchased a new position in shares of Dollar General in the 1st quarter worth about $75,000. Fifth Third Wealth Advisors LLC raised its holdings in shares of Dollar General by 82.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,799 shares of the company’s stock worth $451,000 after purchasing an additional 1,717 shares during the period. Finally, OP Asset Management Ltd acquired a new position in shares of Dollar General in the 1st quarter valued at about $2,732,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Stock Down 1.3%

Shares of NYSE DG opened at $117.61 on Friday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The firm has a market cap of $25.94 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 1.81 and a beta of 0.26. 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 stock’s 50-day simple moving average is $112.11 and its 200-day simple moving average is $129.15.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating 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 firm had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the prior year, the business posted $1.78 earnings per share. Dollar General’s revenue for the quarter 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, equities analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Morgan Stanley dropped their target price on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. BNP Paribas Exane reduced their price target on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Piper Sandler dropped their price objective on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Wolfe Research reissued an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $131.27.

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.