ING Groep NV Makes New $612,000 Investment in Gen Digital Inc. $GEN

Posted by Geri Gentry on Jun 11th, 2026

ING Groep NV acquired a new stake in Gen Digital Inc. (NASDAQ:GEN – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 22,491 shares of the company’s stock, valued at approximately $612,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Gen Digital during the fourth quarter worth approximately $27,000. Clearstead Advisors LLC grew its position in Gen Digital by 48.6% in the 3rd quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares during the period. TD Private Client Wealth LLC grew its position in Gen Digital by 65.8% in the 4th quarter. TD Private Client Wealth LLC now owns 1,539 shares of the company’s stock valued at $42,000 after purchasing an additional 611 shares during the period. Geneos Wealth Management Inc. increased its stake in Gen Digital by 221.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after purchasing an additional 1,183 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Gen Digital during the second quarter worth $47,000. Institutional investors own 81.38% of the company’s stock.

Gen Digital Stock Down 1.4%

Shares of NASDAQ GEN opened at $24.62 on Thursday. The stock has a market capitalization of $14.83 billion, a PE ratio of 15.58 and a beta of 1.21. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.40 and a quick ratio of 0.40. The business’s fifty day moving average price is $21.91 and its 200-day moving average price is $23.61. Gen Digital Inc. has a one year low of $17.78 and a one year high of $32.22.

Gen Digital (NASDAQ:GEN – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the business posted $0.59 earnings per share. The firm’s revenue was up 27.0% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Gen Digital Inc. will post 2.59 EPS for the current year.

Gen Digital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.50 annualized dividend and a dividend yield of 2.0%. Gen Digital’s payout ratio is presently 31.65%.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal acquired 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average cost of $27.06 per share, for a total transaction of $81,180.00. Following the completion of the transaction, the director owned 31,419 shares in the company, valued at approximately $850,198.14. This trade represents a 10.56% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on GEN. Argus raised shares of Gen Digital to a “strong-buy” rating in a research note on Friday, May 22nd. Zacks Research upgraded shares of Gen Digital from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Barclays raised their price target on shares of Gen Digital from $26.00 to $27.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Wall Street Zen upgraded Gen Digital from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Jefferies Financial Group lowered Gen Digital from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $31.29.

Get Our Latest Stock Report on GEN

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.