Bessemer Group Inc. Boosts Stock Position in Dollar General Corporation $DG

Bessemer Group Inc. boosted its holdings in shares of Dollar General Corporation (NYSE:DG) by 24,882.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,694,315 shares of the company’s stock after purchasing an additional 1,687,533 shares during the quarter. Bessemer Group Inc.’s holdings in Dollar General were worth $224,953,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of 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 acquiring an additional 1,185 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Dollar General by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after acquiring an additional 1,148 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after acquiring an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dollar General in the 2nd quarter valued at approximately $211,000. Finally, Jump Financial LLC bought a new stake in shares of Dollar General in the 2nd quarter valued at approximately $209,000. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DG shares. BMO Capital Markets boosted their price target on Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Telsey Advisory Group reiterated a “market perform” rating and issued a $140.00 price target on shares of Dollar General in a report on Tuesday, March 24th. Wolfe Research reiterated an “outperform” rating and issued a $165.00 price target on shares of Dollar General in a report on Thursday, March 12th. UBS Group reiterated a “buy” rating and issued a $163.00 price target on shares of Dollar General in a report on Monday, March 16th. Finally, Rothschild & Co Redburn upgraded Dollar General to a “strong sell” rating in a report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $145.00.

Dollar General Trading Up 3.2%

NYSE:DG opened at $105.03 on Friday. Dollar General Corporation has a 12-month low of $87.54 and a 12-month high of $158.23. The firm has a market capitalization of $23.13 billion, a P/E ratio of 15.33, a P/E/G ratio of 1.64 and a beta of 0.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The business has a 50 day simple moving average of $123.03 and a 200 day simple moving average of $128.23.

Dollar General (NYSE:DG) last released its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $10.78 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The business’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. Equities research analysts predict that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. Dollar General’s dividend payout ratio 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.