Gen Digital Inc. $GEN Shares Acquired by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC increased its stake in shares of Gen Digital Inc. (NASDAQ:GEN) by 8.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 405,738 shares of the company’s stock after acquiring an additional 31,368 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.07% of Gen Digital worth $11,929,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GEN. MAI Capital Management lifted its position in shares of Gen Digital by 2.2% during the second quarter. MAI Capital Management now owns 22,921 shares of the company’s stock worth $674,000 after purchasing an additional 497 shares in the last quarter. Swiss National Bank increased its stake in Gen Digital by 1.4% during the 2nd quarter. Swiss National Bank now owns 1,585,775 shares of the company’s stock worth $46,622,000 after buying an additional 21,400 shares during the period. ABN AMRO Bank N.V. acquired a new position in Gen Digital in the 2nd quarter worth $13,410,000. Catalyst Funds Management Pty Ltd acquired a new position in Gen Digital in the 2nd quarter worth $285,000. Finally, Main Management ETF Advisors LLC boosted its position in Gen Digital by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 38,116 shares of the company’s stock valued at $1,121,000 after buying an additional 624 shares during the last quarter. Institutional investors and hedge funds own 81.38% of the company’s stock.

Insider Transactions at Gen Digital

In related news, Director John C. Chrystal acquired 5,000 shares of Gen Digital stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average price of $27.14 per share, for a total transaction of $135,700.00. Following the transaction, the director directly owned 28,419 shares of the company’s stock, valued at $771,291.66. This trade represents a 21.35% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 9.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on GEN. Barclays boosted their price target on Gen Digital from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Jefferies Financial Group initiated coverage on Gen Digital in a research report on Friday, October 3rd. They issued a “hold” rating and a $31.00 target price on the stock. Wells Fargo & Company raised their price target on shares of Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Wall Street Zen raised shares of Gen Digital from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Finally, Royal Bank Of Canada reduced their price objective on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $35.43.

Gen Digital Trading Up 1.8%

Gen Digital stock opened at $26.54 on Friday. Gen Digital Inc. has a 1 year low of $22.74 and a 1 year high of $32.22. The firm’s 50-day moving average is $27.21 and its 200-day moving average is $28.78. 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 company has a market cap of $16.37 billion, a P/E ratio of 27.36, a PEG ratio of 0.87 and a beta of 0.94.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. On average, equities analysts expect that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.50 annualized dividend and a dividend yield of 1.9%. Gen Digital’s dividend payout ratio (DPR) is 54.35%.

Gen Digital 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.