TD Asset Management Inc Sells 33,070 Shares of Gen Digital Inc. $GEN

Posted by George Bondi on Jun 8th, 2026

TD Asset Management Inc reduced its holdings in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) by 4.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 803,452 shares of the company’s stock after selling 33,070 shares during the quarter. TD Asset Management Inc’s holdings in Gen Digital were worth $21,846,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC increased its holdings in Gen Digital by 38,275.3% during 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 during the period. Vanguard Group Inc. increased its holdings in Gen Digital by 1.4% during 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 during the period. Jupiter Asset Management Ltd. purchased a new position in Gen Digital during the 3rd quarter worth $8,238,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Gen Digital by 9.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,155,639 shares of the company’s stock worth $30,128,000 after purchasing an additional 102,345 shares during the period. Finally, LBP AM SA increased its holdings in Gen Digital by 63.7% during 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 during the period. 81.38% of the stock is owned by institutional investors.

Gen Digital Price Performance

Gen Digital stock opened at $26.28 on Monday. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a market capitalization of $15.83 billion, a price-to-earnings ratio of 16.63 and a beta of 1.20. Gen Digital Inc. has a 1-year low of $17.78 and a 1-year high of $32.22. The business has a fifty day moving average price of $21.52 and a 200-day moving average price of $23.64.

Gen Digital (NASDAQ:GEN – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.The business’s quarterly revenue was up 27.0% on a year-over-year basis. During the same quarter last year, the firm earned $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. Equities research analysts forecast that Gen Digital Inc. will post 2.59 EPS for the current fiscal year.

Gen Digital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a $0.125 dividend. The ex-dividend date of this dividend is Monday, May 18th. 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 presently 31.65%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GEN. Barclays lifted their price target on Gen Digital from $26.00 to $27.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Wells Fargo & Company began coverage on Gen Digital in a report on Tuesday, March 3rd. They issued an “equal weight” rating and a $22.00 price target on the stock. Zacks Research upgraded Gen Digital from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Argus upgraded Gen Digital to a “strong-buy” rating in a report on Friday, May 22nd. Finally, Royal Bank Of Canada lifted their price target on Gen Digital from $22.00 to $24.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Gen Digital has an average rating of “Hold” and a consensus target price of $31.29.

Read Our Latest Stock Report on GEN

Insider Buying and Selling at Gen Digital

In other Gen Digital news, Director John C. Chrystal acquired 3,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was purchased at an average price of $27.06 per share, with a total value of $81,180.00. Following the transaction, the director directly owned 31,419 shares of the company’s stock, valued at $850,198.14. This trade represents a 10.56% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 9.30% of the stock is owned by insiders.

Gen Digital Company Profile

(Free Report)

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.