Gen Digital Inc. $GEN Position Increased by National Pension Service

National Pension Service boosted its position in shares of Gen Digital Inc. (NASDAQ:GEN) by 26.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 822,756 shares of the company’s stock after purchasing an additional 170,214 shares during the period. National Pension Service owned 0.13% of Gen Digital worth $23,358,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Amundi grew its stake in shares of Gen Digital by 273.3% in the 2nd quarter. Amundi now owns 4,303,552 shares of the company’s stock valued at $128,289,000 after buying an additional 3,150,651 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Gen Digital by 82.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 4,497,501 shares of the company’s stock worth $132,227,000 after acquiring an additional 2,035,925 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Gen Digital by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 71,249,751 shares of the company’s stock worth $2,094,743,000 after purchasing an additional 1,558,983 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Gen Digital by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company’s stock valued at $660,730,000 after purchasing an additional 1,406,869 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Gen Digital by 7.4% during the 2nd quarter. First Trust Advisors LP now owns 15,899,158 shares of the company’s stock worth $467,436,000 after acquiring an additional 1,088,983 shares in the last quarter. 81.38% of the stock is owned by institutional investors and hedge funds.

Gen Digital Stock Down 0.8%

GEN stock opened at $23.79 on Tuesday. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The stock has a market cap of $14.67 billion, a P/E ratio of 25.86, a P/E/G ratio of 0.80 and a beta of 1.09. The stock’s fifty day simple moving average is $26.53 and its two-hundred day simple moving average is $27.84. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a net margin of 12.74% and a return on equity of 57.09%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $0.54 EPS. The firm’s quarterly revenue was up 25.3% on a year-over-year basis. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS and its Q3 2026 guidance at 0.620-0.64 EPS. Analysts expect that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, November 17th. Gen Digital’s payout ratio is 54.35%.

Insider Activity at Gen Digital

In other Gen Digital news, Director Ondrej Vlcek sold 113,674 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $27.12, for a total transaction of $3,082,838.88. Following the completion of the transaction, the director directly owned 3,932,980 shares of the company’s stock, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John C. Chrystal purchased 5,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were purchased at an average price of $27.14 per share, with a total value of $135,700.00. Following the purchase, the director directly owned 28,419 shares in the company, valued at $771,291.66. This trade represents a 21.35% increase in their position. The disclosure for this purchase is available in the SEC filing. 9.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GEN. Evercore ISI upped their price target on shares of Gen Digital from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Royal Bank Of Canada cut their price objective on Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a report on Friday, November 7th. Wall Street Zen downgraded Gen Digital from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research lowered shares of Gen Digital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Gen Digital presently has a consensus rating of “Hold” and a consensus target price of $35.43.

About Gen Digital

Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.

Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.