Empowered Funds LLC Purchases 169,221 Shares of Gen Digital Inc. $GEN

Posted by Stanley Muller on Jul 31st, 2026

Empowered Funds LLC boosted its position in Gen Digital Inc. (NASDAQ:GEN – Free Report) by 38.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 605,308 shares of the company’s stock after purchasing an additional 169,221 shares during the quarter. Empowered Funds LLC’s holdings in Gen Digital were worth $11,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of GEN. International Assets Investment Management LLC purchased a new position in shares of Gen Digital during the 4th quarter valued at $27,000. Weiss Asset Management LP purchased a new stake in shares of Gen Digital in the first quarter worth $41,000. TD Private Client Wealth LLC raised its position in shares of Gen Digital by 65.8% in the fourth quarter. TD Private Client Wealth LLC now owns 1,539 shares of the company’s stock worth $42,000 after buying an additional 611 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Gen Digital by 221.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after buying an additional 1,183 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in Gen Digital during the second quarter valued at $47,000. 81.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

GEN has been the topic of a number of research analyst reports. Weiss Ratings upgraded Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Jefferies Financial Group downgraded Gen Digital from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Argus raised Gen Digital to a “strong-buy” rating in a report on Friday, May 22nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $27.00 price objective on shares of Gen Digital in a research report on Thursday, July 16th. Finally, Barclays raised their target price on shares of Gen Digital from $26.00 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Gen Digital currently has a consensus rating of “Hold” and a consensus target price of $29.33.

Get Our Latest Research Report on Gen Digital

Gen Digital Stock Down 1.2%

Shares of NASDAQ:GEN opened at $27.29 on Friday. The firm has a market capitalization of $16.34 billion, a PE ratio of 17.27 and a beta of 1.21. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.40 and a current ratio of 0.40. Gen Digital Inc. has a 52-week low of $17.78 and a 52-week high of $32.22. The firm has a fifty day moving average of $25.57 and a 200 day moving average of $23.23.

Gen Digital (NASDAQ:GEN – Get Free Report) last released 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 return on equity of 55.47% and a net margin of 19.46%.The business 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 company’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. As a group, research analysts anticipate that Gen Digital Inc. will post 2.61 EPS for the current fiscal year.

Gen Digital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 18th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, May 18th. Gen Digital’s dividend payout ratio (DPR) is currently 31.65%.

Insider Transactions at Gen Digital

In other news, Director John C. Chrystal bought 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was bought at an average price of $27.06 per share, for a total transaction of $81,180.00. Following the transaction, the director directly owned 31,419 shares of the company’s stock, valued at $850,198.14. This represents a 10.56% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ondrej Vlcek sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $24.78, for a total value of $2,478,000.00. Following the completion of the sale, the director directly owned 3,832,724 shares of the company’s stock, valued at approximately $94,974,900.72. This represents a 2.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.30% of the company’s stock.

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.