Mitsubishi UFJ Asset Management Co. Ltd. Increases Holdings in Gen Digital Inc. $GEN

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Gen Digital Inc. (NASDAQ:GEN) by 9.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,155,639 shares of the company’s stock after buying an additional 102,345 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Gen Digital were worth $30,128,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEN. Goldman Sachs Group Inc. lifted its stake in Gen Digital by 1.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company’s stock valued at $71,757,000 after buying an additional 28,522 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in Gen Digital in the 1st quarter valued at approximately $205,000. Woodline Partners LP lifted its stake in Gen Digital by 37.8% in the 1st quarter. Woodline Partners LP now owns 27,590 shares of the company’s stock valued at $732,000 after buying an additional 7,562 shares in the last quarter. Focus Partners Wealth lifted its stake in Gen Digital by 9.7% in the 1st quarter. Focus Partners Wealth now owns 22,347 shares of the company’s stock valued at $593,000 after buying an additional 1,980 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Gen Digital by 221.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after buying an additional 1,183 shares in the last quarter. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Trending Headlines about Gen Digital

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Gen Digital beat quarterly expectations, with revenue and EPS both coming in above estimates, and said Trust-Based Solutions revenue surged sharply year over year. The results suggest improving growth momentum and stronger demand in cybersecurity. Article Title
• Positive Sentiment: The company raised fiscal 2027 guidance above Wall Street expectations, pointing to 8%–10% revenue growth and adjusted EPS of $2.85–$2.95, which reinforced optimism about future earnings power. Article Title
• Positive Sentiment: RBC lifted its price target on Gen Digital to $24 from $22, signaling slightly improved analyst confidence even though the firm kept a “sector perform” rating. Article Title
• Neutral Sentiment: Gen Digital announced a quarterly dividend of $0.125 per share, which may support income-focused investors but is not a major growth catalyst by itself.

Gen Digital Trading Up 12.5%

Shares of GEN opened at $22.71 on Friday. The stock has a fifty day moving average of $20.15 and a two-hundred day moving average of $23.90. 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 company has a market capitalization of $13.76 billion, a PE ratio of 14.38 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.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. Gen Digital had a return on equity of 56.78% and a net margin of 19.46%.Gen Digital’s revenue was up 27.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 EPS. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. As a group, analysts forecast that Gen Digital Inc. will post 2.66 EPS for the current year.

Gen Digital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be issued a $0.125 dividend. The ex-dividend date is Monday, May 18th. This represents a $0.50 annualized dividend and a yield of 2.2%. Gen Digital’s payout ratio is 31.65%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on GEN shares. Jefferies Financial Group lowered Gen Digital from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen raised Gen Digital from a “hold” rating to a “buy” rating in a research note on Saturday. Royal Bank Of Canada upped their target price on Gen Digital from $22.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a research note on Thursday, January 22nd. Finally, Zacks Research raised Gen Digital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $31.29.

Gen Digital 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.