IQ EQ FUND MANAGEMENT IRELAND Ltd Has $5.42 Million Stock Holdings in Gen Digital Inc. $GEN

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in shares of Gen Digital Inc. (NASDAQ:GEN) by 5.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 184,464 shares of the company’s stock after purchasing an additional 10,358 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Gen Digital were worth $5,423,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Nuveen LLC bought a new position in shares of Gen Digital during the 1st quarter worth approximately $299,562,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Gen Digital by 43.6% in the 1st 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 acquiring an additional 3,724,211 shares in the last quarter. Boston Partners lifted its position in shares of Gen Digital by 37.3% during the 1st quarter. Boston Partners now owns 13,358,167 shares of the company’s stock valued at $354,456,000 after acquiring an additional 3,631,052 shares during the period. Alyeska Investment Group L.P. bought a new position in Gen Digital during the first quarter worth $71,287,000. Finally, Vanguard Group Inc. boosted its stake in Gen Digital by 3.7% during the first quarter. Vanguard Group Inc. now owns 69,690,768 shares of the company’s stock worth $1,849,593,000 after acquiring an additional 2,513,464 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors.

Gen Digital Price Performance

GEN stock opened at $26.84 on Tuesday. 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 business has a 50-day simple moving average of $28.72 and a two-hundred day simple moving average of $28.60. The company has a market capitalization of $16.53 billion, a P/E ratio of 27.67, a price-to-earnings-growth ratio of 0.92 and a beta of 0.94. Gen Digital Inc. has a 52-week low of $22.74 and a 52-week high of $32.22.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.60 by $0.04. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the business posted $0.53 earnings per share. The company’s quarterly 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. Research analysts expect that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.

Gen Digital Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Monday, August 18th. This represents a $0.50 annualized dividend and a yield of 1.9%. Gen Digital’s dividend payout ratio (DPR) is 51.55%.

Analyst Ratings Changes

GEN has been the subject of several research analyst reports. Evercore ISI began coverage on shares of Gen Digital in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $35.00 price target for the company. B. Riley began coverage on Gen Digital in a research report on Monday, July 14th. They issued a “buy” rating and a $46.00 target price for the company. Morgan Stanley increased their price target on Gen Digital from $25.00 to $32.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Gen Digital in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group initiated coverage on Gen Digital in a research report on Friday, October 3rd. They set a “hold” rating and a $31.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Gen Digital has a consensus rating of “Moderate Buy” and an average target price of $35.71.

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.