Mitsubishi UFJ Trust & Banking Corp Cuts Stock Holdings in Gen Digital Inc. $GEN

Key Points

• Mitsubishi UFJ Trust & Banking Corp reduced its position in Gen Digital by 42.0%, selling 312,826 shares and finishing Q4 with 431,452 shares worth $11.73 million; overall institutional ownership is 81.38% while Vanguard and State Street notably increased their stakes.
• Gen Digital beat Q4 EPS expectations and showed strong revenue growth—EPS $0.64 vs $0.63 expected and revenue up 25.8% YoY—set FY2026 EPS guidance of 2.540–2.560, trades near $19.38 with a $11.73B market cap and ~20 P/E, a 2.6% yield, and carries an average analyst rating of "Hold" with a $31.86 consensus target.

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) by 42.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 431,452 shares of the company's stock after selling 312,826 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.07% of Gen Digital worth $11,731,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Gen Digital by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 73,310,110 shares of the company's stock worth $1,993,302,000 after buying an additional 1,096,313 shares in the last quarter. State Street Corp increased its stake in Gen Digital by 3.4% during the 3rd quarter. State Street Corp now owns 30,558,806 shares of the company's stock worth $867,565,000 after buying an additional 1,015,755 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Gen Digital by 2.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 22,961,310 shares of the company's stock worth $651,867,000 after buying an additional 487,393 shares in the last quarter. First Trust Advisors LP grew its position in shares of Gen Digital by 2.5% in the third quarter. First Trust Advisors LP now owns 16,301,095 shares of the company's stock valued at $462,788,000 after purchasing an additional 401,937 shares in the last quarter. Finally, Boston Partners grew its position in shares of Gen Digital by 4.3% in the third quarter. Boston Partners now owns 13,689,577 shares of the company's stock valued at $388,610,000 after purchasing an additional 565,836 shares in the last quarter. 81.38% of the stock is currently owned by hedge funds and other institutional investors.

Gen Digital Trading Up 0.4%

Shares of Gen Digital stock opened at $19.38 on Friday. The firm has a market capitalization of $11.73 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 0.55 and a beta of 1.10. Gen Digital Inc. has a fifty-two week low of $17.78 and a fifty-two week high of $32.22. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.47 and a current ratio of 0.47. The stock has a 50 day moving average of $20.28 and a 200 day moving average of $24.08.

Gen Digital (NASDAQ:GEN - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share 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 analyst estimates of $1.23 billion. Gen Digital had a return on equity of 56.76% and a net margin of 12.76%.The firm's revenue for the quarter was up 25.8% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, research analysts predict that Gen Digital Inc. will post 2.3 earnings per share for the current year.

Gen Digital Announces Dividend

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

Analyst Upgrades and Downgrades

GEN has been the subject of a number of analyst reports. Wells Fargo & Company initiated coverage on Gen Digital in a research report on Tuesday, March 3rd. They issued an "equal weight" rating and a $22.00 price target for the company. Barclays dropped their price target on 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 restated a "hold (c+)" rating on shares of Gen Digital in a research report on Thursday, January 22nd. Zacks Research upgraded Gen Digital from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group lowered Gen Digital from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 27th. Two investment 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 an average rating of "Hold" and a consensus target price of $31.86.

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.

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