Gen Digital Inc. $GEN Shares Bought by Kendall Capital Management

Key Points

• Kendall Capital Management increased its stake in Gen Digital by 55.7% in Q4, buying 69,575 shares to hold 194,470 shares worth $5.29 million (1.1% of its portfolio and its 24th largest holding).
• Gen Digital beat Q4 estimates with $0.64 EPS and $1.24B revenue (revenue up 25.8% YoY) and set FY2026 guidance, yet the stock trades near its 12‑month low (~$18.89) with a consensus analyst rating of "Hold" and institutional ownership at 81.38%.

Kendall Capital Management grew its holdings in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) by 55.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 194,470 shares of the company's stock after purchasing an additional 69,575 shares during the period. Gen Digital makes up 1.1% of Kendall Capital Management's portfolio, making the stock its 24th biggest holding. Kendall Capital Management's holdings in Gen Digital were worth $5,288,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in GEN. Amundi boosted its holdings in Gen Digital by 273.3% during the second quarter. Amundi now owns 4,303,552 shares of the company's stock worth $128,289,000 after buying an additional 3,150,651 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Gen Digital by 46.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 6,600,836 shares of the company's stock valued at $187,398,000 after buying an additional 2,103,335 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Gen Digital by 6.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company's stock valued at $660,730,000 after acquiring an additional 1,406,869 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Gen Digital by 72.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,786,250 shares of the company's stock valued at $79,102,000 after acquiring an additional 1,174,048 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Gen Digital by 7.4% during the 2nd quarter. First Trust Advisors LP now owns 15,899,158 shares of the company's stock worth $467,436,000 after acquiring an additional 1,088,983 shares in the last quarter. Institutional investors and hedge funds own 81.38% of the company's stock.

Gen Digital Price Performance

GEN opened at $18.89 on Friday. The firm has a market capitalization of $11.44 billion, a P/E ratio of 19.47, a PEG ratio of 0.53 and a beta of 1.15. The stock has a fifty day moving average of $22.15 and a 200-day moving average of $25.33. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.50. Gen Digital Inc. has a 12-month low of $18.20 and a 12-month high of $32.22.

Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.01. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. Gen Digital had a return on equity of 56.76% and a net margin of 12.76%.Gen Digital's quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 earnings per share. Gen Digital has set its Q4 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.560 EPS. Equities analysts forecast that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.

Gen Digital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 16th were issued a $0.125 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.6%. Gen Digital's dividend payout ratio is currently 51.55%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a "hold (c+)" rating on shares of Gen Digital in a report on Thursday, January 22nd. Jefferies Financial Group upgraded Gen Digital from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 11th. Zacks Research raised Gen Digital from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded Gen Digital from a "hold" rating to a "buy" rating in a report on Sunday, March 29th. Finally, Wells Fargo & Company initiated coverage on shares of Gen Digital in a research note on Tuesday, March 3rd. They set an "equal weight" rating and a $22.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Gen Digital currently has a consensus rating of "Hold" and a consensus price target of $32.71.

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.

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