Invesco Ltd. Increases Stake in Genpact Limited $G

Invesco Ltd. increased its stake in Genpact Limited (NYSE:GFree Report) by 15.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 322,690 shares of the business services provider’s stock after buying an additional 43,493 shares during the period. Invesco Ltd. owned 0.18% of Genpact worth $16,257,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of G. Stifel Financial Corp grew its holdings in shares of Genpact by 1.0% during the 4th quarter. Stifel Financial Corp now owns 30,821 shares of the business services provider’s stock worth $1,324,000 after acquiring an additional 291 shares during the period. Fifth Third Bancorp boosted its position in shares of Genpact by 9.5% during the first quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider’s stock valued at $174,000 after purchasing an additional 299 shares in the last quarter. KBC Group NV grew its stake in Genpact by 4.7% in the first quarter. KBC Group NV now owns 7,266 shares of the business services provider’s stock worth $366,000 after purchasing an additional 324 shares during the period. Callan Capital LLC raised its holdings in Genpact by 2.9% in the first quarter. Callan Capital LLC now owns 12,312 shares of the business services provider’s stock worth $620,000 after purchasing an additional 351 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in Genpact by 6.2% during the fourth quarter. ProShare Advisors LLC now owns 7,591 shares of the business services provider’s stock valued at $326,000 after buying an additional 445 shares during the period. 96.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on G shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Genpact in a research report on Thursday, July 17th. They issued a “hold” rating and a $47.00 target price on the stock. Wall Street Zen upgraded shares of Genpact from a “buy” rating to a “strong-buy” rating in a report on Friday, June 6th. Mizuho raised their target price on shares of Genpact from $48.00 to $51.00 and gave the company a “neutral” rating in a research note on Tuesday, July 1st. Needham & Company LLC boosted their price target on Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, JPMorgan Chase & Co. cut their price target on Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $52.29.

Check Out Our Latest Research Report on G

Genpact Price Performance

G opened at $45.3260 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $7.90 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.53 and a beta of 0.92. The business’s fifty day simple moving average is $44.06 and its 200-day simple moving average is $46.87. Genpact Limited has a 12-month low of $37.82 and a 12-month high of $56.76.

Genpact (NYSE:GGet Free Report) last announced its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.03. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.79 EPS. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, equities research analysts anticipate that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a $0.17 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. Genpact’s payout ratio is currently 22.59%.

Genpact Profile

(Free Report)

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.

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Institutional Ownership by Quarter for Genpact (NYSE:G)

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