Swedbank AB Grows Stake in Dollar General Corporation $DG

Swedbank AB lifted its position in Dollar General Corporation (NYSE:DG) by 49.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 608,408 shares of the company’s stock after purchasing an additional 202,210 shares during the quarter. Swedbank AB’s holdings in Dollar General were worth $72,236,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Freedom Capital downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Loop Capital increased their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. Rothschild & Co Redburn dropped their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research report on Monday, May 18th. Finally, The Goldman Sachs Group reduced their price target on shares of Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Trading Down 0.9%

NYSE DG opened at $115.28 on Wednesday. The firm has a market cap of $25.43 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 1.77 and a beta of 0.25. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The stock has a 50-day moving average of $111.04 and a 200-day moving average of $128.38. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period last year, the company earned $1.78 EPS. Dollar General’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. As a group, sell-side analysts forecast that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors 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 presently 33.38%.

Dollar General Profile

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.