Nordea Investment Management AB Boosts Position in Dollar General Corporation $DG

Nordea Investment Management AB lifted its position in Dollar General Corporation (NYSE:DG) by 1,384.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 308,823 shares of the company’s stock after purchasing an additional 288,026 shares during the quarter. Nordea Investment Management AB’s holdings in Dollar General were worth $41,472,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 valued at $2,314,000 after purchasing an additional 1,185 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Dollar General by 12.3% during 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 raised its position in shares of Dollar General by 40.7% during the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Dollar General during the 2nd quarter valued at approximately $211,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Dollar General in the second quarter valued at approximately $525,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DG has been the subject of several recent analyst reports. Morgan Stanley cut their target price on Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. BMO Capital Markets increased their price target on Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Dollar General in a research report on Monday, December 29th. Oppenheimer boosted their price objective on shares of Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Finally, Piper Sandler upped their target price on shares of Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday, March 13th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $145.33.

Dollar General Stock Performance

NYSE:DG opened at $125.06 on Tuesday. Dollar General Corporation has a 52 week low of $81.67 and a 52 week high of $158.23. The company has a fifty day simple moving average of $145.75 and a two-hundred day simple moving average of $124.55. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The company has a market cap of $27.53 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 2.01 and a beta of 0.23.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. During the same period last year, the firm earned $0.87 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. 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 5.75 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, April 21st. Stockholders of record on Tuesday, April 7th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is presently 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.