Dollar General Corporation $DG Shares Sold by Rockefeller Capital Management L.P.

by · The Markets Daily

Rockefeller Capital Management L.P. cut its holdings in shares of Dollar General Corporation (NYSE:DG – Free Report) by 35.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 19,882 shares of the company’s stock after selling 10,842 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Dollar General were worth $2,640,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General during the fourth quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after buying an additional 182 shares during the last quarter. 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 valued at $26,000 after acquiring an additional 79 shares in the last quarter. Reflection Asset Management acquired a new stake in Dollar General in the fourth quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. bought a new position in Dollar General during the 4th quarter valued at $31,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Performance

Dollar General stock opened at $117.48 on Tuesday. The company has a market cap of $25.92 billion, a PE ratio of 16.62, a P/E/G ratio of 1.82 and a beta of 0.26. The company has a fifty day moving average price of $111.94 and a two-hundred day moving average price of $129.06. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

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

Dollar General Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Truist Financial raised their price objective 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. Sanford C. Bernstein restated an “outperform” rating and issued a $149.00 target price on shares of Dollar General in a research note on Wednesday, June 3rd. Wall Street Zen cut shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. BMO Capital Markets decreased their price target on Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a research note on Wednesday, June 3rd. Finally, Wolfe Research reissued an “outperform” rating and issued a $165.00 price objective on shares of Dollar General in a report on Thursday, March 12th. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $131.27.

Check Out Our Latest Stock Analysis on Dollar General

About Dollar General

(Free Report)

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.

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