Gen Digital Inc. $GEN Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. raised its stake in shares of Gen Digital Inc. (NASDAQ:GEN) by 1,716.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,144 shares of the company’s stock after acquiring an additional 40,769 shares during the period. Federated Hermes Inc.’s holdings in Gen Digital were worth $1,225,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of GEN. Spire Wealth Management raised its stake in shares of Gen Digital by 1,183.3% during the third quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock worth $31,000 after purchasing an additional 994 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in Gen Digital in the 2nd quarter valued at $32,000. True Wealth Design LLC raised its position in Gen Digital by 92.0% during the 3rd quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock worth $31,000 after buying an additional 529 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in Gen Digital during the 2nd quarter worth $44,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Gen Digital in the 2nd quarter worth $47,000. 81.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal bought 5,000 shares of Gen Digital stock in a transaction that occurred on Thursday, November 13th. The shares were purchased at an average price of $27.14 per share, with a total value of $135,700.00. Following the purchase, the director owned 28,419 shares in the company, valued at $771,291.66. This represents a 21.35% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ondrej Vlcek sold 113,674 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $27.12, for a total value of $3,082,838.88. Following the sale, the director owned 3,932,980 shares in the company, valued at approximately $106,662,417.60. This trade represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Evercore ISI boosted their price target on shares of Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Zacks Research cut Gen Digital from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada cut their target price on Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a research note on Friday, November 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered Gen Digital from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $35.43.

Trending Headlines about Gen Digital

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Q3 results beat expectations: Gen reported $0.64 EPS vs. $0.63 consensus and revenue of $1.24B vs. $1.23B, showing margin strength and a high ROE. Gen Digital (GEN) Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Company raised FY26 and Q4 FY26 guidance (EPS and revenue) above consensus, signaling management confidence in demand and margin trajectory. Gen Reports Strong Q3 FY26 Results and Raises FY26 Guidance
• Positive Sentiment: Analysts and press point to sustained demand for security software; Reuters highlights a third consecutive raise to the annual revenue forecast. That supports a bullish revenue narrative. Gen Digital raises annual revenue forecast on strong security software demand
• Positive Sentiment: Product innovation: Gen launched the Agent Trust Hub to address AI-agent security risks — a strategic move to monetize AI-related security demand. Gen Launches Agent Trust Hub for Safer Agentic Era
• Neutral Sentiment: Market debate on sustainability of growth: coverage questions whether AI features can reverse any revenue softness long-term — this is watch-list material rather than an immediate negative or positive. Gen Digital earnings on deck: Can AI features reverse revenue slide?
• Negative Sentiment: Derivative/rights market weakness: an equity-right (GENVR) price-target cut was reported, which can signal investor hedging/liquidity pressures and may have weighed on the share price. Gen Digital Inc. – Equity Right (GENVR) price target decreased by 44.39% to 2.53

Gen Digital Stock Performance

Shares of GEN stock opened at $22.43 on Friday. The stock has a fifty day moving average price of $26.30 and a 200 day moving average price of $27.72. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market cap of $13.83 billion, a PE ratio of 24.38, a P/E/G ratio of 0.76 and a beta of 1.09. Gen Digital Inc. has a 1 year low of $22.14 and a 1 year high of $32.22.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings results 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 return on equity of 57.09% and a net margin of 12.74%.The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the business posted $0.54 earnings per share. The business’s revenue for the quarter was up 25.3% on a year-over-year basis. Sell-side analysts forecast that Gen Digital Inc. will post 2.05 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Monday, February 16th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 13th. Gen Digital’s dividend payout ratio is 54.35%.

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.