Universal Beteiligungs und Servicegesellschaft mbH Has $10.63 Million Stock Position in Gen Digital Inc. $GEN

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Gen Digital Inc. (NASDAQ:GEN) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 389,444 shares of the company’s stock after acquiring an additional 46,509 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Gen Digital worth $10,629,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC grew its position in shares of Gen Digital by 92.0% in the third quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock valued at $31,000 after purchasing an additional 529 shares during the last quarter. Spire Wealth Management increased its stake 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 worth $31,000 after purchasing an additional 994 shares during the period. Clearstead Advisors LLC increased its stake 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 worth $35,000 after purchasing an additional 400 shares during the period. Geneos Wealth Management Inc. lifted 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 purchasing an additional 1,183 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Gen Digital in the 2nd quarter valued at $47,000. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on GEN shares. Zacks Research raised Gen Digital from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Jefferies Financial Group raised Gen Digital from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th. Wells Fargo & Company initiated 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 note on Thursday, January 22nd. Finally, Barclays lowered their price target on shares of Gen Digital from $32.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $31.86.

Gen Digital Stock Performance

Shares of NASDAQ:GEN opened at $19.04 on Monday. The business’s 50 day simple moving average is $20.59 and its 200 day simple moving average is $24.26. Gen Digital Inc. has a 1 year low of $17.78 and a 1 year high of $32.22. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.47 and a quick ratio of 0.47. The company has a market capitalization of $11.53 billion, a P/E ratio of 19.63, a P/E/G ratio of 0.54 and a beta of 1.15.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.01. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Gen Digital had a return on equity of 56.76% and a net margin of 12.76%.The company’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 EPS. 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, research analysts anticipate that Gen Digital Inc. will post 2.3 EPS for the current fiscal year.

Gen Digital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 16th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, February 13th. Gen Digital’s payout ratio is 51.55%.

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.