Zurcher Kantonalbank Zurich Cantonalbank Increases Stock Position in Dollar General Corporation $DG

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

Several other hedge funds have also bought and sold shares of DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock worth $2,314,000 after purchasing an additional 1,185 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dollar General in the 2nd quarter worth about $211,000. Finally, Jump Financial LLC bought a new stake in shares of Dollar General in the 2nd quarter worth about $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DG. Piper Sandler boosted their target price on shares of Dollar General from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, March 13th. Wolfe Research restated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a report on Thursday, March 12th. JPMorgan Chase & Co. boosted their target price on shares of Dollar General from $166.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. BNP Paribas Exane reiterated a “neutral” rating and set a $127.00 price target on shares of Dollar General in a report on Thursday, March 12th. Finally, BMO Capital Markets upped their price target on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $146.54.

Dollar General Price Performance

Shares of DG stock opened at $122.06 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The company has a market capitalization of $26.88 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.99 and a beta of 0.34. The company’s 50-day simple moving average is $133.58 and its two-hundred day simple moving average is $126.94. Dollar General Corporation has a one year low of $86.25 and a one year high of $158.23.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities analysts anticipate that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is presently 34.45%.

Dollar General Company 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.