Gen Digital Inc. $GEN Shares Sold by UBS Group AG

Key Points

• UBS reduced its stake in Gen Digital by 7.2% to 2,551,029 shares (about $69.36M) while other institutions — notably Arrowstreet, Ameriprise, Qube and Vanguard — added materially, leaving institutional ownership at 81.38%.
• Gen Digital topped Q4 estimates with $0.64 EPS (vs. $0.63) and $1.24B revenue (up 25.8% y/y) and set guidance of 0.640–0.660 EPS for Q4 2026 and 2.540–2.560 EPS for FY2026.
• The company pays a quarterly dividend of $0.125 (annualized $0.50, yield 2.5%), trades at a P/E of ~20.2 with a $11.89B market cap, and Wall Street consensus is Hold with a $31.86 target price.

UBS Group AG lessened its position in Gen Digital Inc. (NASDAQ:GEN - Free Report) by 7.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,551,029 shares of the company's stock after selling 196,984 shares during the period. UBS Group AG owned about 0.41% of Gen Digital worth $69,362,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its position in Gen Digital by 46.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,600,836 shares of the company's stock worth $187,398,000 after purchasing an additional 2,103,335 shares during the last quarter. Ameriprise Financial Inc. increased its position in Gen Digital by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company's stock worth $660,730,000 after purchasing an additional 1,406,869 shares during the last quarter. Qube Research & Technologies Ltd increased its position in Gen Digital by 72.8% during the third quarter. Qube Research & Technologies Ltd now owns 2,786,250 shares of the company's stock worth $79,102,000 after purchasing an additional 1,174,048 shares during the last quarter. Vanguard Group Inc. increased its position in Gen Digital by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 73,310,110 shares of the company's stock worth $1,993,302,000 after purchasing an additional 1,096,313 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Gen Digital during the second quarter worth approximately $30,220,000. Institutional investors and hedge funds own 81.38% of the company's stock.

Gen Digital Price Performance

GEN opened at $19.63 on Tuesday. 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 Inc. has a 52-week low of $17.78 and a 52-week high of $32.22. The company has a 50 day moving average of $20.28 and a two-hundred day moving average of $24.04. The company 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 - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the firm earned $0.56 earnings per share. 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, analysts expect that Gen Digital Inc. will post 2.29 earnings per share for the current year.

Gen Digital Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on GEN shares. Wells Fargo & Company started coverage on shares of Gen Digital in a research report on Tuesday, March 3rd. They set an "equal weight" rating and a $22.00 price target for the company. Zacks Research raised shares of Gen Digital from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 18th. Barclays dropped their price target on shares of Gen Digital from $32.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, April 13th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Gen Digital in a research 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 research report on Monday, April 27th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $31.86.

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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