Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Holdings in Gen Digital Inc. $GEN

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Gen Digital Inc. (NASDAQ:GEN) by 7.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,861 shares of the company’s stock after purchasing an additional 9,834 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Gen Digital were worth $3,936,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Gen Digital in the 2nd quarter worth $32,000. Geneos Wealth Management Inc. lifted its stake in Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after acquiring an additional 1,183 shares during the period. Rise Advisors LLC grew its holdings in Gen Digital by 19.2% during the 1st quarter. Rise Advisors LLC now owns 2,361 shares of the company’s stock worth $63,000 after acquiring an additional 381 shares in the last quarter. Capital Analysts LLC purchased a new position in Gen Digital during the 1st quarter valued at about $85,000. Finally, Allworth Financial LP raised its holdings in shares of Gen Digital by 136.1% in the 2nd quarter. Allworth Financial LP now owns 5,273 shares of the company’s stock valued at $155,000 after purchasing an additional 3,040 shares in the last quarter. 81.38% of the stock is owned by institutional investors.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were purchased at an average cost of $27.14 per share, with a total value of $135,700.00. Following the completion of the acquisition, the director directly owned 28,419 shares of the company’s stock, valued at $771,291.66. This represents a 21.35% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.30% of the company’s stock.

Gen Digital Trading Up 0.8%

Gen Digital stock opened at $26.34 on Wednesday. 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 stock has a market cap of $16.24 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 0.87 and a beta of 0.94. The stock has a 50-day moving average of $27.40 and a two-hundred day moving average of $28.79. Gen Digital Inc. has a one year low of $22.74 and a one year high of $32.22.

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 the consensus estimate of $0.61 by $0.01. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 earnings per share. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. On average, research analysts anticipate that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.

Gen Digital Dividend Announcement

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

Analyst Upgrades and Downgrades

GEN has been the topic of several research reports. Morgan Stanley lifted their price objective on shares of Gen Digital from $25.00 to $32.00 and gave the company an “equal weight” rating in a report on Tuesday, September 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a report on Wednesday, October 8th. Wells Fargo & Company upped their price objective on Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Barclays raised their price objective on 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 given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.