Gen Digital Inc. $GEN Shares Acquired by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. boosted its holdings in Gen Digital Inc. (NASDAQ:GEN) by 20.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,278 shares of the company’s stock after acquiring an additional 38,766 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Gen Digital were worth $6,234,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in GEN. True Wealth Design LLC boosted its position in 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 period. Spire Wealth Management increased its holdings in shares of 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 during the period. Clearstead Advisors LLC increased its holdings in shares of Gen Digital by 48.6% during the third quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Gen Digital during the second quarter valued at about $44,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Gen Digital by 221.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after purchasing an additional 1,183 shares in the last quarter. Institutional investors own 81.38% of the company’s stock.

Gen Digital Stock Performance

Shares of GEN opened at $18.34 on Friday. The company has a 50-day moving average of $22.69 and a two-hundred day moving average of $25.63. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.63 and a beta of 1.11. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.47 and a quick ratio of 0.47. Gen Digital Inc. has a one year low of $18.20 and a one year high of $32.22.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.63 by $0.01. Gen Digital had a net margin of 12.76% and a return on equity of 56.76%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm earned $0.56 EPS. The firm’s quarterly revenue was up 25.8% on a year-over-year basis. Gen Digital has set its Q4 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.560 EPS. On average, equities research analysts expect that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 16th were issued a $0.125 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. Gen Digital’s dividend payout ratio is presently 51.55%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GEN. Wells Fargo & Company started coverage on shares of Gen Digital in a research report on Tuesday, March 3rd. They issued an “equal weight” rating and a $22.00 target price for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a research report on Thursday, January 22nd. Jefferies Financial Group upgraded shares of Gen Digital from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 11th. Wall Street Zen cut Gen Digital from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Barclays cut their target price on Gen Digital from $33.00 to $32.00 and set an “equal weight” rating for the company in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.71.

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.