Marshall Financial Group LLC Invests $1.01 Million in Gen Digital Inc. $GEN

Key Points

• Marshall Financial Group LLC purchased 33,657 shares of Gen Digital Inc. valued at approximately $1,013,000, indicating growing institutional interest in the company.
• Several analysts have increased their price targets for Gen Digital, with a consensus rating of "Moderate Buy" and an average target price of $36.50.
• Gen Digital announced a quarterly dividend of $0.125, representing an annualized yield of 1.7% and a payout ratio of 51.55%.

Marshall Financial Group LLC purchased a new position in shares of Gen Digital Inc. (NASDAQ:GEN - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,657 shares of the company's stock, valued at approximately $1,013,000.

Other large investors have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC boosted its stake in Gen Digital by 117.6% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company's stock worth $42,000 after purchasing an additional 854 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Gen Digital by 221.5% in the 1st 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. Tsfg LLC acquired a new stake in shares of Gen Digital in the 1st quarter worth $52,000. Rise Advisors LLC lifted its stake in shares of Gen Digital by 19.2% in 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 during the period. Finally, Capital Analysts LLC acquired a new stake in shares of Gen Digital in the 1st quarter worth $85,000. Institutional investors and hedge funds own 81.38% of the company's stock.

Gen Digital Price Performance

NASDAQ:GEN traded up $0.13 during mid-day trading on Friday, hitting $28.99. 9,551,747 shares of the company's stock traded hands, compared to its average volume of 3,378,144. 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 firm's 50 day simple moving average is $30.08 and its 200 day simple moving average is $28.40. Gen Digital Inc. has a 1 year low of $22.74 and a 1 year high of $32.22. The company has a market cap of $17.85 billion, a PE ratio of 29.89, a price-to-earnings-growth ratio of 0.97 and a beta of 0.99.

Gen Digital (NASDAQ:GEN - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.04. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $0.53 EPS. The firm'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. Sell-side analysts expect that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Monday, August 18th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, August 18th. Gen Digital's dividend payout ratio (DPR) is 51.55%.

Analyst Upgrades and Downgrades

GEN has been the subject of several recent analyst reports. B. Riley initiated coverage on shares of Gen Digital in a research note on Monday, July 14th. They issued a "buy" rating and a $46.00 target price for the company. Morgan Stanley raised their target price on shares of Gen Digital from $25.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 2nd. Wells Fargo & Company raised their target price on shares of Gen Digital from $37.00 to $40.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Evercore ISI initiated coverage on shares of Gen Digital in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $35.00 target price for the company. Finally, Barclays raised their target price on shares of Gen Digital from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $36.50.

About Gen Digital

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.