60,769 Shares in Gen Digital Inc. $GEN Acquired by Oak Thistle LLC

Key Points

• Oak Thistle LLC opened a new position in Gen Digital by buying 60,769 shares in Q4, worth about $1.65 million, and institutional investors now own roughly 81.38% of the stock.
• Gen Digital beat expectations in its most recent quarter with EPS of $0.64 (vs. $0.63 est.) and revenue of $1.24B (up 25.8% YoY), and it issued FY2026 guidance of $2.54–2.56 EPS (Q4 2026: $0.64–0.66).
• The stock is trading near $18.89 (down 1.5%), close to its 52-week low of $18.20, has a market cap of $11.44B, and pays a quarterly dividend of $0.125 (annualized yield ~2.6%).

Oak Thistle LLC bought a new position in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 60,769 shares of the company's stock, valued at approximately $1,652,000.

A number of other hedge funds have also recently bought and sold shares of GEN. Goldman Sachs Group Inc. boosted its position in Gen Digital by 1.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company's stock worth $71,757,000 after acquiring an additional 28,522 shares during the last quarter. Great Lakes Advisors LLC acquired a new stake in Gen Digital during the first quarter worth approximately $205,000. Woodline Partners LP boosted its position in Gen Digital by 37.8% during the first quarter. Woodline Partners LP now owns 27,590 shares of the company's stock worth $732,000 after acquiring an additional 7,562 shares during the last quarter. Focus Partners Wealth boosted its position in Gen Digital by 9.7% during the first quarter. Focus Partners Wealth now owns 22,347 shares of the company's stock worth $593,000 after acquiring an additional 1,980 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Gen Digital by 221.5% during the first 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. Institutional investors and hedge funds own 81.38% of the company's stock.

Gen Digital Stock Down 1.5%

Shares of GEN opened at $18.89 on Thursday. The firm has a market cap of $11.44 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 0.54 and a beta of 1.15. The company's fifty day moving average is $21.66 and its two-hundred day moving average is $25.04. Gen Digital Inc. has a fifty-two week low of $18.20 and a fifty-two week high of $32.22. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.50.

Gen Digital (NASDAQ:GEN - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.01. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. Gen Digital had a net margin of 12.76% and a return on equity of 56.76%. Gen Digital's revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter last year, the business 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. Analysts forecast that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 16th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, February 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. Gen Digital's payout ratio is presently 51.55%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Barclays decreased their target price on shares of Gen Digital from $33.00 to $32.00 and set an "equal weight" rating on the stock in a research report on Friday, February 6th. Wall Street Zen upgraded shares of Gen Digital from a "hold" rating to a "buy" rating in a report on Sunday, March 29th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Gen Digital in a report on Thursday, January 22nd. Jefferies Financial Group upgraded shares of Gen Digital from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 11th. Finally, Zacks Research upgraded shares of Gen Digital from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 18th. One investment 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 data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $32.71.

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.

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