Rep. Julie Johnson Buys Dollar General Co. (NYSE:DG) Shares

Representative Julie Johnson (D-Texas) recently bought shares of Dollar General Co. (NYSE:DG). In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dollar General stock on January 15th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of ALLETE (NYSE:ALE) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 1/27/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Morgan Stanley (NYSE:MS) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/17/2025.

Dollar General Trading Down 1.3 %

NYSE:DG opened at $72.87 on Friday. Dollar General Co. has a one year low of $66.43 and a one year high of $168.07. The company has a market cap of $16.03 billion, a PE ratio of 12.00, a PEG ratio of 2.08 and a beta of 0.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.15 and a quick ratio of 0.15. The firm has a 50-day moving average of $74.03 and a 200-day moving average of $84.94.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company had revenue of $10.18 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period last year, the company earned $1.26 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, equities research analysts expect that Dollar General Co. will post 5.75 EPS for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend was Tuesday, January 7th. Dollar General’s dividend payout ratio is currently 38.88%.

Analyst Upgrades and Downgrades

DG has been the subject of several analyst reports. Evercore ISI lowered their target price on shares of Dollar General from $97.00 to $95.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. Bernstein Bank cut their target price on Dollar General from $98.00 to $94.00 in a research note on Friday, November 15th. The Goldman Sachs Group decreased their price target on Dollar General from $104.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Sanford C. Bernstein assumed coverage on Dollar General in a research report on Tuesday, October 22nd. They issued an “outperform” rating and a $98.00 price objective on the stock. Finally, JPMorgan Chase & Co. decreased their target price on Dollar General from $97.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $96.77.

Hedge Funds Weigh In On Dollar General

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IMG Wealth Management Inc. purchased a new position in shares of Dollar General during the fourth quarter worth about $25,000. Altshuler Shaham Ltd bought a new position in shares of Dollar General in the 4th quarter worth $25,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Dollar General during the 3rd quarter worth $33,000. Providence First Trust Co purchased a new position in Dollar General in the fourth quarter worth $33,000. Finally, Bogart Wealth LLC increased its stake in Dollar General by 279.8% in the fourth quarter. Bogart Wealth LLC now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 361 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dollar General

In other news, Director Michael M. Calbert sold 6,000 shares of the company’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total value of $451,620.00. Following the completion of the sale, the director now owns 120,322 shares of the company’s stock, valued at approximately $9,056,636.94. This represents a 4.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Emily C. Taylor sold 4,740 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $77.44, for a total transaction of $367,065.60. Following the sale, the executive vice president now owns 15,575 shares of the company’s stock, valued at approximately $1,206,128. The trade was a 23.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.