Gabelli Funds LLC Boosts Holdings in Gen Digital Inc. $GEN

Posted by Geri Gentry on May 22nd, 2026

Gabelli Funds LLC raised its stake in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) by 34.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,576 shares of the company’s stock after purchasing an additional 39,621 shares during the period. Gabelli Funds LLC’s holdings in Gen Digital were worth $4,230,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. lifted its holdings in Gen Digital by 2.4% during the fourth quarter. Blue Trust Inc. now owns 16,210 shares of the company’s stock valued at $441,000 after purchasing an additional 387 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of Gen Digital by 20.9% in the third quarter. Larson Financial Group LLC now owns 2,255 shares of the company’s stock worth $64,000 after buying an additional 390 shares in the last quarter. Clearstead Advisors LLC lifted its stake in shares of Gen Digital by 48.6% in the third quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock worth $35,000 after buying an additional 400 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Gen Digital by 22.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,223 shares of the company’s stock worth $60,000 after buying an additional 414 shares in the last quarter. Finally, Tealwood Asset Management Inc. lifted its stake in shares of Gen Digital by 0.5% in the fourth quarter. Tealwood Asset Management Inc. now owns 81,715 shares of the company’s stock worth $2,222,000 after buying an additional 426 shares in the last quarter. 81.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

GEN has been the topic of several research reports. Wells Fargo & Company initiated coverage on shares of Gen Digital in a research note on Tuesday, March 3rd. They issued an “equal weight” rating and a $22.00 price target on the stock. Zacks Research raised shares of Gen Digital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Jefferies Financial Group downgraded shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Royal Bank Of Canada raised their price target on shares of Gen Digital from $22.00 to $24.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Finally, Barclays raised their price target on shares of Gen Digital from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Gen Digital has an average rating of “Hold” and a consensus price target of $31.29.

View Our Latest Research Report on Gen Digital

Gen Digital Price Performance

Gen Digital stock opened at $24.85 on Friday. Gen Digital Inc. has a 12-month low of $17.78 and a 12-month high of $32.22. The stock has a market cap of $15.05 billion, a P/E ratio of 15.73 and a beta of 1.10. The company has a 50-day moving average price of $20.38 and a 200 day moving average price of $23.67. The company has a current ratio of 0.40, a quick ratio of 0.47 and a debt-to-equity ratio of 3.07.

Gen Digital (NASDAQ:GEN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. Gen Digital had a net margin of 19.46% and a return on equity of 55.47%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same period last year, the business earned $0.59 earnings per share. The business’s revenue for the quarter was up 27.0% on a year-over-year basis. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. Sell-side analysts anticipate that Gen Digital Inc. will post 2.66 earnings per share for the current year.

Gen Digital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be given a dividend of $0.125 per share. The ex-dividend date is Monday, May 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. Gen Digital’s dividend payout ratio (DPR) is currently 31.65%.

About Gen Digital

(Free Report)

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.