BI Asset Management Fondsmaeglerselskab A S Cuts Stock Holdings in Dollar General Corporation $DG

Key Points

• BI Asset Management Fondsmaeglerselskab A S cut its Dollar General stake by 41% in the fourth quarter, selling 28,756 shares and leaving it with 41,419 shares valued at about $5.5 million.
• Dollar General beat earnings expectations in its latest quarter, reporting $2.00 EPS versus the $1.89 estimate, while revenue rose 3.4% year over year to $10.79 billion.
• Despite the earnings beat, the stock has faced mixed Wall Street sentiment, with several analysts trimming price targets and the consensus rating remaining “Hold”; the company also pays a quarterly dividend of $0.59 per share.

BI Asset Management Fondsmaeglerselskab A S reduced its position in Dollar General Corporation (NYSE:DG - Free Report) by 41.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,419 shares of the company's stock after selling 28,756 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Dollar General were worth $5,499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General during the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company's stock worth $26,000 after purchasing an additional 79 shares in the last quarter. Eastern Bank acquired a new position in Dollar General in the 4th quarter valued at $35,000. Flagship Harbor Advisors LLC acquired a new stake in Dollar General during the 4th quarter worth $36,000. Finally, Basepoint Wealth LLC acquired a new stake in Dollar General during the 4th quarter worth $39,000. Institutional investors and hedge funds own 91.77% of the company's stock.

Key Stories Impacting Dollar General

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

• Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
• Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
• Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
• Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
• Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
• Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General's Q1 Beat Driven By Cost Control As CEO Exit Looms
• Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General

Dollar General Stock Down 0.1%

Shares of NYSE:DG opened at $103.57 on Monday. The firm has a market capitalization of $22.85 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The firm's 50-day moving average is $113.86 and its two-hundred day moving average is $128.74.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the firm posted $1.78 earnings per share. The business's revenue for the quarter 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. Analysts predict that Dollar General Corporation will post 7.33 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, July 7th. Dollar General's dividend payout ratio (DPR) is presently 33.38%.

Analyst Upgrades and Downgrades

DG has been the topic of several research reports. BMO Capital Markets decreased their price target on shares of Dollar General from $135.00 to $120.00 and set a "market perform" rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upped their price target on Dollar General from $110.00 to $114.00 and gave the company a "hold" rating in a research report on Thursday. Oppenheimer reduced their price objective on Dollar General from $170.00 to $150.00 and set an "outperform" rating on the stock in a research report on Friday, May 29th. Wolfe Research reiterated an "outperform" rating and set a $165.00 price target on shares of Dollar General in a report on Thursday, March 12th. Finally, Loop Capital upped their price objective on shares of Dollar General from $110.00 to $115.00 and gave the company a "hold" rating in a report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Dollar General currently has an average rating of "Hold" and a consensus price target of $131.27.

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.

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