PFA Pension Forsikringsaktieselskab Makes New $4.36 Million Investment in Gen Digital Inc. $GEN

PFA Pension Forsikringsaktieselskab bought a new position in shares of Gen Digital Inc. (NASDAQ:GEN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 158,758 shares of the company’s stock, valued at approximately $4,359,000.

A number of other institutional investors have also recently added to or reduced their stakes in GEN. Spire Wealth Management grew its holdings in Gen Digital by 1,183.3% during the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock worth $31,000 after acquiring an additional 994 shares during the last quarter. True Wealth Design LLC grew its holdings 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 last quarter. Clearstead Advisors LLC grew its holdings in Gen Digital by 48.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock worth $35,000 after acquiring an additional 400 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Gen Digital by 221.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after acquiring an additional 1,183 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Gen Digital during the 2nd quarter worth approximately $47,000. 81.38% of the stock is owned by institutional investors.

Gen Digital Trading Up 1.3%

NASDAQ:GEN opened at $19.63 on Tuesday. The firm’s fifty day moving average is $20.28 and its 200-day moving average is $24.04. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.47 and a current ratio of 0.47. Gen Digital Inc. has a 52 week low of $17.78 and a 52 week high of $32.22. The firm has a market cap of $11.89 billion, a P/E ratio of 20.24 and a beta of 1.10.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.01. Gen Digital had a net margin of 12.76% and a return on equity of 56.76%. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the firm posted $0.56 EPS. The company’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. Equities analysts expect that Gen Digital Inc. will post 2.29 earnings per share for the current year.

Gen Digital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 16th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, February 13th. Gen Digital’s dividend payout ratio is currently 51.55%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on GEN shares. Wells Fargo & Company started coverage on shares of Gen Digital in a report on Tuesday, March 3rd. They set an “equal weight” rating and a $22.00 target price on the stock. Zacks Research raised shares of Gen Digital from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Barclays reduced their target price on shares of Gen Digital from $32.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Finally, Jefferies Financial Group lowered shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.86.

Gen Digital 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.