Zurcher Kantonalbank Zurich Cantonalbank Purchases 4,511 Shares of Dollar General Corporation $DG

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Dollar General Corporation (NYSE:DG) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,241 shares of the company’s stock after acquiring an additional 4,511 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Dollar General were worth $7,865,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Dollar General during the third quarter valued at approximately $26,000. Peoples Financial Services CORP. bought a new stake in Dollar General in the 3rd quarter worth approximately $35,000. Eastern Bank bought a new stake in Dollar General in the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC bought a new stake in Dollar General in the 4th quarter worth approximately $36,000. Finally, Byrne Asset Management LLC grew its position in Dollar General by 952.6% in the 3rd quarter. Byrne Asset Management LLC now owns 400 shares of the company’s stock worth $41,000 after purchasing an additional 362 shares during the period. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on DG shares. KeyCorp reaffirmed a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. BMO Capital Markets lifted their price target on shares of Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and set a $163.00 price target on shares of Dollar General in a research note on Monday, March 16th. Rothschild & Co Redburn upgraded shares of Dollar General to a “strong sell” rating in a research note on Wednesday, February 25th. Finally, Piper Sandler lifted their price target on shares of Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a research note on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $146.54.

Dollar General Stock Down 0.9%

DG opened at $122.06 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. Dollar General Corporation has a fifty-two week low of $86.25 and a fifty-two week high of $158.23. The firm’s fifty day moving average is $133.58 and its 200 day moving average is $126.94. The stock has a market cap of $26.88 billion, a price-to-earnings ratio of 17.82, a price-to-earnings-growth ratio of 1.99 and a beta of 0.34.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. During the same quarter in the previous year, the company earned $0.87 EPS. Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, sell-side analysts forecast that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s payout ratio is 34.45%.

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.