Swedbank AB Boosts Stock Holdings in Dollar General Corporation $DG

Swedbank AB raised its holdings in Dollar General Corporation (NYSE:DG) by 133.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 406,198 shares of the company’s stock after purchasing an additional 232,384 shares during the period. Swedbank AB’s holdings in Dollar General were worth $53,931,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after acquiring an additional 412,542 shares during the last quarter. State Street Corp increased its stake in shares of Dollar General by 9.1% in the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after buying an additional 913,373 shares during the period. Baillie Gifford & Co. increased its stake in shares of Dollar General by 2.1% in the fourth quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock worth $440,286,000 after buying an additional 68,723 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Dollar General by 3.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock worth $290,599,000 after buying an additional 96,825 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Dollar General by 7.4% in the third quarter. Invesco Ltd. now owns 2,725,276 shares of the company’s stock worth $281,657,000 after buying an additional 188,949 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DG. Loop Capital boosted their price objective on shares of Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Telsey Advisory Group reissued a “market perform” rating and set a $140.00 price objective on shares of Dollar General in a research report on Tuesday, March 24th. BMO Capital Markets boosted their price objective on shares of Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Guggenheim dropped their target price on shares of Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $145.00.

Dollar General Stock Performance

Shares of Dollar General stock opened at $116.59 on Thursday. The stock has a market cap of $25.68 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.89 and a beta of 0.28. The firm’s 50-day moving average is $128.64 and its 200 day moving average is $128.10. Dollar General Corporation has a 1 year low of $86.25 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22.

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

Dollar General Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders 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 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio is currently 34.45%.

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.