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

Key Points

• PFA Pension initiated a new Q4 position in Gen Digital of 158,758 shares (about $4.36M), adding to institutional ownership that now stands at roughly 81.38%.
• Gen Digital beat Q4 estimates with $0.64 EPS and revenue up 25.8% year-over-year; shares trade near $19.63 (market cap ≈ $11.9B) and the company pays a quarterly dividend that annualizes to a ~2.5% yield.
• Analysts hold a consensus “Hold” rating on GEN with a $31.86 average price target, reflecting mixed recent downgrades and coverage (two Buys, seven Holds).

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

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GEN. Sound Income Strategies LLC raised its stake in Gen Digital by 38,275.3% in the 4th quarter. Sound Income Strategies LLC now owns 194,563 shares of the company's stock worth $5,078,000 after purchasing an additional 194,056 shares in the last quarter. Vanguard Group Inc. raised its stake in Gen Digital by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 72,213,797 shares of the company's stock worth $2,050,150,000 after purchasing an additional 964,046 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new stake in Gen Digital in the 3rd quarter worth about $8,238,000. Y Intercept Hong Kong Ltd raised its stake in Gen Digital by 525.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 83,826 shares of the company's stock worth $2,380,000 after purchasing an additional 70,424 shares in the last quarter. Finally, LBP AM SA raised its stake in Gen Digital by 63.7% in the 4th quarter. LBP AM SA now owns 738,272 shares of the company's stock worth $20,074,000 after purchasing an additional 287,369 shares in the last quarter. Institutional investors and hedge funds own 81.38% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on GEN shares. Zacks Research upgraded shares of Gen Digital from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 18th. Wells Fargo & Company started 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. Barclays dropped their target price 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. Jefferies Financial Group cut shares of Gen Digital from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 27th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Gen Digital in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $31.86.

Gen Digital Trading Up 1.3%

Shares of Gen Digital stock opened at $19.63 on Tuesday. The firm has a market capitalization of $11.89 billion, a PE ratio of 20.24 and a beta of 1.10. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 3.50. The firm's 50 day moving average is $20.28 and its 200 day moving average is $24.04. Gen Digital Inc. has a 1 year low of $17.78 and a 1 year high of $32.22.

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 (EPS) for the quarter, beating the consensus estimate 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%. The firm's revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Equities research analysts forecast that Gen Digital Inc. will post 2.29 earnings per share for the current fiscal year.

Gen Digital Announces Dividend

The business also recently declared 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 of this dividend was Friday, February 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.5%. 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.

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