Alecta Tjanstepension Omsesidigt Sells 273,100 Shares of Dollar General Corporation $DG

Alecta Tjanstepension Omsesidigt trimmed its position in Dollar General Corporation (NYSE:DG) by 17.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,273,100 shares of the company’s stock after selling 273,100 shares during the quarter. Alecta Tjanstepension Omsesidigt owned 0.58% of Dollar General worth $131,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DG. Elevation Point Wealth Partners LLC purchased a new stake in Dollar General in the second quarter worth $25,000. Caldwell Trust Co purchased a new position in Dollar General during the second quarter valued at $25,000. Root Financial Partners LLC bought a new stake in shares of Dollar General during the 3rd quarter valued at $26,000. Peoples Financial Services CORP. bought a new stake in shares of Dollar General during the 3rd quarter valued at $35,000. Finally, Byrne Asset Management LLC grew its position in shares of Dollar General by 952.6% in the 3rd quarter. Byrne Asset Management LLC now owns 400 shares of the company’s stock worth $41,000 after buying an additional 362 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Bryan D. Wheeler sold 9,776 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $135.32, for a total transaction of $1,322,888.32. Following the completion of the sale, the executive vice president directly owned 22,295 shares in the company, valued at approximately $3,016,959.40. The trade was a 30.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

Dollar General Stock Performance

Shares of DG opened at $126.66 on Thursday. The company has a market cap of $27.88 billion, a price-to-earnings ratio of 18.49, a P/E/G ratio of 2.12 and a beta of 0.23. The business’s fifty day simple moving average is $147.00 and its two-hundred day simple moving average is $124.13. Dollar General Corporation has a 12 month low of $80.51 and a 12 month high of $158.23. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping 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 earned $0.87 EPS. Dollar General’s revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Research analysts anticipate that Dollar General Corporation will post 5.75 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) is presently 34.45%.

Analysts Set New Price Targets

Several research analysts recently issued reports on DG shares. Morgan Stanley decreased their price target on shares of 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. Barclays restated an “overweight” rating on shares of Dollar General in a report on Thursday, March 12th. Rothschild & Co Redburn raised shares of Dollar General to a “strong sell” rating in a research note on Wednesday, February 25th. Telsey Advisory Group lifted their target price on shares of Dollar General from $130.00 to $140.00 and gave the company a “market perform” rating in a report on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft raised Dollar General from a “hold” rating to a “buy” rating and set a $170.00 price target on the stock in a research report on Thursday, January 8th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $145.33.

Dollar General Company 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.