National Pension Service Raises Stock Holdings in Gen Digital Inc. $GEN

National Pension Service boosted its stake in Gen Digital Inc. (NASDAQ:GEN) by 26.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 822,756 shares of the company’s stock after purchasing an additional 170,214 shares during the quarter. National Pension Service’s holdings in Gen Digital were worth $23,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. True Wealth Design LLC lifted its holdings in shares of Gen Digital by 92.0% during the 3rd quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock worth $31,000 after acquiring an additional 529 shares during the last quarter. Spire Wealth Management raised its position in Gen Digital by 1,183.3% during the third quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $31,000 after purchasing an additional 994 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in Gen Digital during the second quarter worth about $32,000. CYBER HORNET ETFs LLC bought a new stake in Gen Digital during the second quarter worth about $44,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Gen Digital by 221.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after purchasing an additional 1,183 shares in the last quarter. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Gen Digital Stock Performance

Gen Digital stock opened at $23.79 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. The firm 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. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The firm has a 50-day moving average of $26.53 and a 200-day moving average of $27.84.

Gen Digital (NASDAQ:GEN) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a return on equity of 57.09% and a net margin of 12.74%.The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the company posted $0.54 EPS. Gen Digital’s quarterly revenue was up 25.3% compared to the same quarter last year. 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. Sell-side analysts expect that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Dividend Announcement

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

Insiders Place Their Bets

In related news, Director John C. Chrystal bought 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 owned 28,419 shares of the company’s stock, valued at approximately $771,291.66. This trade represents a 21.35% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ondrej Vlcek sold 113,674 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $27.12, for a total transaction of $3,082,838.88. Following the transaction, the director owned 3,932,980 shares in the company, valued at $106,662,417.60. This represents a 2.81% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 9.30% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Gen Digital from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Evercore ISI increased their target price 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 decreased their target price on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Friday, November 7th. Finally, Zacks Research cut Gen Digital from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Gen Digital currently has an average rating of “Hold” and an average price target of $35.43.

Gen Digital Company Profile

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.