Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stock Holdings in Dollar General Corporation $DG

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Dollar General Corporation (NYSE:DG) by 52.8% during the first quarter, Holdings Channel reports. The fund owned 85,184 shares of the company’s stock after purchasing an additional 29,450 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Dollar General were worth $10,114,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Calamos Advisors LLC raised its holdings in Dollar General by 32.9% in the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after acquiring an additional 60,746 shares during the last quarter. Park Capital Management LLC WI purchased a new position in shares of Dollar General during the 4th quarter worth $1,245,000. Geode Capital Management LLC boosted its holdings in shares of Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares during the last quarter. Norges Bank acquired a new stake in shares of Dollar General during the fourth quarter worth $133,431,000. Finally, Pinebridge Investments LLC purchased a new stake in shares of Dollar General in the fourth quarter valued at $11,864,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the subject of several analyst reports. Wolfe Research reiterated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. Truist Financial lifted their price target on Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, June 2nd. BMO Capital Markets dropped their price objective on shares of 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, Telsey Advisory Group cut their price objective on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $131.27.

Dollar General Trading Up 0.0%

DG stock opened at $118.19 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The company has a market cap of $26.07 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.80 and a beta of 0.25. The business has a fifty day simple moving average of $111.27 and a 200-day simple moving average of $128.69. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share 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 for the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter last year, the firm earned $1.78 earnings per share. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities research analysts expect that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

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

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.