Universal Beteiligungs und Servicegesellschaft mbH Has $10.85 Million Stake in Gen Digital Inc. $GEN

Universal Beteiligungs und Servicegesellschaft mbH reduced its position in shares of Gen Digital Inc. (NASDAQ:GEN) by 8.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 368,864 shares of the company’s stock after selling 34,141 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Gen Digital were worth $10,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of GEN. Vanguard Group Inc. increased its stake in shares of Gen Digital by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 69,690,768 shares of the company’s stock worth $1,849,593,000 after purchasing an additional 2,513,464 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Gen Digital by 3.8% during the first quarter. Ameriprise Financial Inc. now owns 21,067,048 shares of the company’s stock worth $559,126,000 after purchasing an additional 768,652 shares during the period. Geode Capital Management LLC grew its holdings in Gen Digital by 0.7% during the second quarter. Geode Capital Management LLC now owns 15,253,089 shares of the company’s stock worth $449,507,000 after purchasing an additional 101,791 shares during the period. Boston Partners increased its position in Gen Digital by 37.3% during the first quarter. Boston Partners now owns 13,358,167 shares of the company’s stock worth $354,456,000 after buying an additional 3,631,052 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Gen Digital by 43.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,270,615 shares of the company’s stock valued at $325,662,000 after buying an additional 3,724,211 shares during the period. Institutional investors own 81.38% of the company’s stock.

Gen Digital Price Performance

NASDAQ:GEN opened at $26.06 on Thursday. Gen Digital Inc. has a 52 week low of $22.74 and a 52 week high of $32.22. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.50 and a current ratio of 0.50. The firm’s 50-day simple moving average is $27.33 and its 200 day simple moving average is $28.77. The firm has a market cap of $16.07 billion, a price-to-earnings ratio of 26.87, a P/E/G ratio of 0.87 and a beta of 0.94.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The business’s revenue for the quarter was up 25.3% compared to the same quarter last year. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. As a group, sell-side analysts predict that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, November 17th. Gen Digital’s dividend payout ratio (DPR) is 54.35%.

Insiders Place Their Bets

In related news, Director John C. Chrystal bought 5,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was purchased at an average cost of $27.14 per share, for a total transaction of $135,700.00. Following the transaction, the director owned 28,419 shares in the company, valued at $771,291.66. The trade was a 21.35% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently commented on GEN. Wells Fargo & Company lifted their target price on Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Gen Digital from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Barclays increased their price objective on shares of Gen Digital from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Finally, Royal Bank Of Canada reduced their target price on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Gen Digital currently has an average rating of “Moderate Buy” and a consensus price target of $35.43.

Gen Digital Profile

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.