Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stake in Dollar General Corporation $DG

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Dollar General Corporation (NYSE:DG) by 52.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,184 shares of the company’s stock after acquiring 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 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac purchased a new stake in shares of Dollar General during the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after purchasing an additional 79 shares in the last quarter. Reflection Asset Management acquired a new stake in shares of Dollar General in the fourth quarter valued at about $28,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Dollar General in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on DG shares. Piper Sandler lowered their target price on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Morgan Stanley reduced their price target on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. BNP Paribas Exane decreased their price target on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Finally, Guggenheim lowered their price target on Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Price Performance

Shares of NYSE DG opened at $118.19 on Friday. The stock 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. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company’s 50-day moving average price is $111.27 and its 200 day moving average price is $128.69. 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 announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter in the previous year, the business posted $1.78 earnings per share. The firm’s quarterly revenue 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, research analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date 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.