PensionDanmark Pensionsforsikringsaktieselskab Decreases Stock Holdings in Dollar General Corporation $DG

PensionDanmark Pensionsforsikringsaktieselskab decreased its stake in shares of Dollar General Corporation (NYSE:DG) by 51.8% during the second quarter, Holdings Channel reports. The firm owned 55,255 shares of the company’s stock after selling 59,470 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Dollar General were worth $6,360,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Calamos Advisors LLC grew its holdings in shares of Dollar General by 32.9% in the fourth quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after acquiring an additional 60,746 shares during the period. Geode Capital Management LLC boosted its position in Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares during the last quarter. Norges Bank purchased a new position in Dollar General in the fourth quarter worth about $133,431,000. KBC Group NV grew its stake in shares of Dollar General by 63.8% during the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock valued at $7,230,000 after purchasing an additional 23,710 shares during the period. Finally, Pinebridge Investments LLC purchased a new stake in shares of Dollar General during the 4th quarter valued at about $11,864,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Down 0.7%

DG opened at $126.55 on Friday. The stock has a market cap of $27.91 billion, a price-to-earnings ratio of 17.90, a price-to-earnings-growth ratio of 1.92 and a beta of 0.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The firm’s fifty day moving average is $117.74 and its 200 day moving average is $125.69. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.Dollar General’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, sell-side analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is currently 33.38%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Freedom Capital cut shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. HSBC dropped their price target on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, June 3rd. Oppenheimer reduced their price objective on Dollar General from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, May 29th. Morgan Stanley lowered their target price on Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. Finally, Guggenheim decreased their price objective on Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a research note 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $131.27.

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.