Northwestern Mutual Wealth Management Co. Increases Stock Position in Dollar General Corporation $DG

Northwestern Mutual Wealth Management Co. increased its position in shares of Dollar General Corporation (NYSE:DG) by 5,981.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 513,529 shares of the company’s stock after buying an additional 505,085 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Dollar General were worth $68,181,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. BOKF NA boosted its holdings in Dollar General by 15.2% during the fourth quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after buying an additional 73 shares in the last quarter. Tevis Investment Management raised its position in Dollar General by 0.5% during the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock worth $1,721,000 after acquiring an additional 77 shares during the period. Frank Rimerman Advisors LLC raised its position in Dollar General by 1.7% during the fourth quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock worth $614,000 after acquiring an additional 77 shares during the period. SteelPeak Wealth LLC raised its position in Dollar General by 3.6% during the fourth quarter. SteelPeak Wealth LLC now owns 2,424 shares of the company’s stock worth $322,000 after acquiring an additional 84 shares during the period. Finally, Hixon Zuercher LLC raised its position in Dollar General by 0.6% during the fourth quarter. Hixon Zuercher LLC now owns 15,634 shares of the company’s stock worth $2,076,000 after acquiring an additional 89 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on DG. Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Rothschild & Co Redburn upgraded shares of Dollar General to a “strong sell” rating in a research report on Wednesday, February 25th. Evercore reduced their price objective on shares of Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Finally, Loop Capital raised their price target on shares of Dollar General from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dollar General currently has an average rating of “Hold” and a consensus target price of $145.00.

Dollar General Stock Performance

NYSE:DG opened at $102.54 on Monday. The company’s 50-day moving average price is $122.05 and its 200-day moving average price is $128.22. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The company has a market cap of $22.58 billion, a P/E ratio of 14.97, a P/E/G ratio of 1.65 and a beta of 0.28. Dollar General Corporation has a twelve month low of $92.11 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.36. The firm had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, sell-side analysts forecast that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.3%. The ex-dividend date was Tuesday, April 7th. Dollar General’s dividend payout ratio (DPR) 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.