Rep. Robert Bresnahan, Jr. Acquires Shares of Dollar General Co. (NYSE:DG)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Dollar General Co. NYSE: DG. In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dollar General stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
• Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.

Dollar General Price Performance

Shares of Dollar General stock traded up $1.95 during trading on Monday, reaching $88.05. 5,922,594 shares of the stock traded hands, compared to its average volume of 3,662,302. 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 company has a market capitalization of $19.37 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.18 and a beta of 0.44. Dollar General Co. has a 52-week low of $66.43 and a 52-week high of $164.12. The business has a fifty day simple moving average of $76.12 and a two-hundred day simple moving average of $77.83.

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Dollar General (NYSE:DG - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.17. The business had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.26 billion. Dollar General had a return on equity of 18.85% and a net margin of 3.33%. The company's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.83 EPS. Sell-side analysts expect that Dollar General Co. will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, April 8th. Dollar General's dividend payout ratio (DPR) is presently 46.18%.

Wall Street Analyst Weigh In

DG has been the subject of several research reports. Telsey Advisory Group reiterated a "market perform" rating and set a $85.00 price objective on shares of Dollar General in a research report on Thursday, March 13th. Truist Financial dropped their price target on Dollar General from $94.00 to $83.00 and set a "hold" rating for the company in a research report on Friday, December 6th. Barclays reduced their price objective on Dollar General from $102.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 9th. Evercore ISI lowered their price objective on Dollar General from $97.00 to $95.00 and set an "in-line" rating for the company in a research note on Tuesday, December 3rd. Finally, Morgan Stanley cut their target price on Dollar General from $100.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $92.26.

Hedge Funds Weigh In On Dollar General

Several institutional investors and hedge funds have recently added to or reduced their stakes in DG. IMG Wealth Management Inc. bought a new stake in shares of Dollar General in the 4th quarter valued at about $25,000. Altshuler Shaham Ltd acquired a new stake in Dollar General in the fourth quarter valued at approximately $25,000. Ameriflex Group Inc. purchased a new position in Dollar General in the fourth quarter worth $31,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Dollar General during the third quarter worth $33,000. Finally, Providence First Trust Co acquired a new position in shares of Dollar General during the fourth quarter worth $33,000. Hedge funds and other institutional investors own 91.77% of the company's stock.

Insider Activity

In other news, Director Michael M. Calbert sold 6,000 shares of the company's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $75.27, for a total transaction of $451,620.00. Following the transaction, the director now owns 120,322 shares in the company, valued at $9,056,636.94. This represents a 4.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.49% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Dollar General

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.