Dimensional Fund Advisors LP lifted its stake in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,800,377 shares of the company's stock after buying an additional 193,531 shares during the quarter. Dimensional Fund Advisors LP owned about 0.94% of Gen Digital worth $153,929,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Catalyst Capital Advisors LLC increased its holdings in shares of Gen Digital by 117.6% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company's stock valued at $42,000 after acquiring an additional 854 shares during the period. Tsfg LLC acquired a new position in shares of Gen Digital in the 1st quarter valued at $52,000. Mather Group LLC. increased its holdings in shares of Gen Digital by 26.6% in the 1st quarter. Mather Group LLC. now owns 3,730 shares of the company's stock valued at $99,000 after acquiring an additional 783 shares during the period. Curat Global LLC acquired a new position in shares of Gen Digital in the 1st quarter valued at $154,000. Finally, Sagespring Wealth Partners LLC acquired a new position in shares of Gen Digital in the 1st quarter valued at $212,000. Hedge funds and other institutional investors own 81.38% of the company's stock.
Gen Digital Price Performance
Shares of NASDAQ:GEN traded up $0.39 on Friday, reaching $31.58. 3,609,020 shares of the company were exchanged, compared to its average volume of 3,939,223. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 3.63. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The firm has a market cap of $19.45 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 1.06 and a beta of 1.00. The company has a 50-day moving average of $30.07 and a 200-day moving average of $28.11.
Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.04. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. The business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the prior year, the company posted $0.53 EPS. The business's revenue for the quarter was up 30.3% on a year-over-year basis. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. Equities analysts forecast that Gen Digital Inc. will post 2.05 earnings per share for the current fiscal year.
Gen Digital Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Monday, August 18th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. Gen Digital's dividend payout ratio is 51.55%.
Analyst Ratings Changes
A number of equities analysts have recently commented on GEN shares. Evercore ISI started coverage on shares of Gen Digital in a report on Tuesday, July 1st. They issued an "outperform" rating and a $35.00 target price on the stock. Royal Bank Of Canada boosted their price objective on shares of Gen Digital from $32.00 to $33.00 and gave the company a "sector perform" rating in a research note on Friday, August 8th. Wells Fargo & Company boosted their price objective on shares of Gen Digital from $37.00 to $40.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Wall Street Zen cut shares of Gen Digital from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 5th. Finally, B. Riley began coverage on shares of Gen Digital in a research note on Monday, July 14th. They issued a "buy" rating and a $46.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $35.33.
Check Out Our Latest Report on GEN
Gen Digital Profile
(
Free Report)
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.
Further Reading
Before you consider Gen Digital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gen Digital wasn't on the list.
While Gen Digital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access