Kendall Capital Management Takes Position in Gen Digital Inc. $GEN

Posted by Stanley Muller on Aug 23rd, 2026

Kendall Capital Management purchased a new stake in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 197,625 shares of the company’s stock, valued at approximately $4,919,000.

Several other institutional investors and hedge funds also recently bought and sold shares of GEN. Larson Financial Group LLC raised its holdings in Gen Digital by 20.9% during the 3rd quarter. Larson Financial Group LLC now owns 2,255 shares of the company’s stock valued at $64,000 after acquiring an additional 390 shares during the period. Trust Co. of Vermont bought a new position in shares of Gen Digital in the second quarter worth $32,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Gen Digital by 14.5% in the first quarter. EverSource Wealth Advisors LLC now owns 3,376 shares of the company’s stock worth $64,000 after acquiring an additional 427 shares during the period. Vident Advisory LLC grew its position in shares of Gen Digital by 1.6% in the third quarter. Vident Advisory LLC now owns 26,906 shares of the company’s stock valued at $764,000 after purchasing an additional 428 shares in the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Gen Digital by 5.9% in the fourth quarter. Fisher Asset Management LLC now owns 7,735 shares of the company’s stock valued at $210,000 after purchasing an additional 430 shares in the last quarter. 81.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Royal Bank Of Canada boosted their price objective on Gen Digital from $27.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Argus upgraded Gen Digital to a “strong-buy” rating in a research note on Friday, May 22nd. Wall Street Zen lowered Gen Digital from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Barclays increased their price target on shares of Gen Digital from $27.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Gen Digital from $22.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. 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, the company has a consensus rating of “Hold” and a consensus target price of $31.67.

Check Out Our Latest Research Report on Gen Digital

Gen Digital Price Performance

Gen Digital stock opened at $28.93 on Friday. Gen Digital Inc. has a 52 week low of $17.78 and a 52 week high of $31.88. The business has a 50-day simple moving average of $26.49 and a 200 day simple moving average of $23.57. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.00. The stock has a market cap of $17.32 billion, a price-to-earnings ratio of 16.82 and a beta of 1.21.

Gen Digital (NASDAQ:GEN – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.02. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Gen Digital had a return on equity of 55.93% and a net margin of 20.73%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. On average, research analysts forecast that Gen Digital Inc. will post 2.64 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 17th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 17th. Gen Digital’s dividend payout ratio (DPR) is currently 29.07%.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal bought 3,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was acquired 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 directly owned 31,419 shares in the company, valued at $850,198.14. This trade represents a 10.56% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Travis Michael Witteveen sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $29.42, for a total transaction of $882,600.00. Following the completion of the transaction, the insider directly owned 496,545 shares of the company’s stock, valued at approximately $14,608,353.90. This represents a 5.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 230,440 shares of company stock valued at $6,172,946 over the last three months. 9.70% of the stock is owned by corporate insiders.

Gen Digital Profile

(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.