Dollar General Corporation $DG Stock: Lido Advisors LLC Increases Position

Lido Advisors LLC lifted its stake in Dollar General Corporation (NYSE:DG) by 186.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,279 shares of the company’s stock after purchasing an additional 10,593 shares during the period. Lido Advisors LLC’s holdings in Dollar General were worth $1,947,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its position in Dollar General by 6.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock worth $340,546,000 after buying an additional 167,546 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Dollar General by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after acquiring an additional 75,323 shares during the period. Royal Bank of Canada lifted its position in shares of Dollar General by 0.8% during the 1st quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock valued at $323,362,000 after acquiring an additional 20,366 shares during the period. ACR Alpine Capital Research LLC lifted its position in shares of Dollar General by 0.6% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 1,737,618 shares of the company’s stock valued at $207,784,000 after acquiring an additional 10,319 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Dollar General during the 2nd quarter worth approximately $162,412,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Price Performance

Shares of NYSE DG traded down $0.54 on Friday, hitting $134.07. The company’s stock had a trading volume of 1,993,616 shares, compared to its average volume of 2,220,902. Dollar General Corporation has a 12-month low of $99.50 and a 12-month high of $158.23. The company has a market capitalization of $29.58 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.79 and a beta of 0.19. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The stock has a 50 day moving average of $128.29 and a 200-day moving average of $125.49.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the business earned $1.86 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, research analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, October 6th. Dollar General’s dividend payout ratio is 30.69%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DG. Citigroup upped their price target on Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Barclays lifted their price objective on Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a report on Tuesday, September 8th. HSBC upgraded Dollar General from a “hold” rating to a “buy” rating and boosted their target price for the stock from $125.00 to $160.00 in a research report on Thursday, September 24th. Piper Sandler boosted their target price on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Finally, Telsey Advisory Group upped their target price on Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, August 28th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.