Dollar General Corporation $DG Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its stake in shares of Dollar General Corporation (NYSE:DGFree Report) by 10.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 114,045 shares of the company’s stock after selling 13,007 shares during the quarter. Handelsbanken Fonder AB’s holdings in Dollar General were worth $15,142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Resona Asset Management Co. Ltd. raised its position in shares of Dollar General by 1.5% during the 4th quarter. Resona Asset Management Co. Ltd. now owns 76,443 shares of the company’s stock worth $10,207,000 after purchasing an additional 1,116 shares during the period. Ironwood Investment Counsel LLC increased its position in Dollar General by 0.7% in the 4th quarter. Ironwood Investment Counsel LLC now owns 39,988 shares of the company’s stock valued at $5,309,000 after acquiring an additional 261 shares during the period. Spectrum Strategic Capital Management LLC acquired a new stake in Dollar General in the 4th quarter valued at approximately $638,000. TD Private Client Wealth LLC increased its position in Dollar General by 17.3% in the 4th quarter. TD Private Client Wealth LLC now owns 14,967 shares of the company’s stock valued at $1,987,000 after acquiring an additional 2,211 shares during the period. Finally, Mission Wealth Management LP acquired a new stake in Dollar General in the 4th quarter valued at approximately $353,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

Dollar General Stock Performance

Shares of NYSE DG opened at $104.53 on Thursday. The stock has a fifty day moving average price of $119.58 and a two-hundred day moving average price of $128.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. The firm has a market cap of $23.02 billion, a P/E ratio of 15.26, a PEG ratio of 1.67 and a beta of 0.28. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23.

Dollar General (NYSE:DGGet Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The firm had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Research analysts forecast that Dollar General Corporation will post 7.28 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared 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. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is presently 34.45%.

Wall Street Analyst Weigh In

Several analysts recently commented on DG shares. Loop Capital raised their target price on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Sanford C. Bernstein lowered their target price on Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Evercore lowered their target price on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. Wolfe Research restated an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a research report on Thursday, March 12th. Finally, UBS Group restated a “buy” rating and issued a $163.00 target price on shares of Dollar General in a research report on Monday, March 16th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $143.62.

Check Out Our Latest Report on Dollar General

Dollar General Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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