Gen Digital Inc. $GEN is Triodos Investment Management BV's 10th Largest Position

Key Points

• Triodos Investment Management BV increased its ownership in Gen Digital Inc. by 0.9%, making it the firm's 10th largest holding, with approximately 1,415,038 shares valued at $41.57 million.
• Gen Digital recently reported quarterly results with $0.64 EPS, surpassing estimates, alongside a revenue of $1.26 billion, marking a 30.3% year-over-year increase.
• The company declared a quarterly dividend of $0.125 per share, representing an annual yield of 1.8% and a payout ratio of 51.55%.

Triodos Investment Management BV boosted its position in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,415,038 shares of the company's stock after buying an additional 13,300 shares during the period. Gen Digital accounts for about 3.1% of Triodos Investment Management BV's portfolio, making the stock its 10th largest holding. Triodos Investment Management BV owned 0.23% of Gen Digital worth $41,574,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in 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 buying an additional 2,513,464 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Gen Digital by 3.8% in the first quarter. Ameriprise Financial Inc. now owns 21,067,048 shares of the company's stock valued at $559,126,000 after purchasing an additional 768,652 shares in the last quarter. Boston Partners grew its position in shares of Gen Digital by 37.3% in the first quarter. Boston Partners now owns 13,358,167 shares of the company's stock valued at $354,456,000 after purchasing an additional 3,631,052 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of 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 purchasing an additional 3,724,211 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Gen Digital in the first quarter valued at approximately $299,562,000. 81.38% of the stock is currently owned by hedge funds and other institutional investors.

Gen Digital Trading Down 0.7%

Shares of Gen Digital stock opened at $27.04 on Friday. 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 50 day moving average of $29.52 and a 200 day moving average of $28.47. Gen Digital Inc. has a fifty-two week low of $22.74 and a fifty-two week high of $32.22. The firm has a market capitalization of $16.65 billion, a price-to-earnings ratio of 27.88, a PEG ratio of 0.92 and a beta of 0.94.

Gen Digital (NASDAQ:GEN - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.04. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The company 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 firm earned $0.53 earnings per share. The firm's revenue was up 30.3% compared to the same quarter last year. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. As a group, research analysts predict that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Monday, August 18th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, August 18th. Gen Digital's dividend payout ratio is 51.55%.

Analyst Ratings Changes

A number of research firms have recently issued reports on GEN. Morgan Stanley upped their price target on Gen Digital from $25.00 to $32.00 and gave the company an "equal weight" rating in a research report on Tuesday, September 2nd. Jefferies Financial Group began coverage on Gen Digital in a research report on Friday, October 3rd. They issued a "hold" rating and a $31.00 price target for the company. Royal Bank Of Canada upped their price target on Gen Digital from $32.00 to $33.00 and gave the company a "sector perform" rating in a research report on Friday, August 8th. Evercore ISI began coverage on Gen Digital in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $35.00 price target for the company. Finally, B. Riley began coverage on Gen Digital in a research report on Monday, July 14th. They issued a "buy" rating and a $46.00 price target for the company. One investment 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $35.71.

Gen Digital Company 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.

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