Farther Finance Advisors LLC Reduces Stock Position in Genpact Limited $G

Farther Finance Advisors LLC decreased its position in Genpact Limited (NYSE:G) by 36.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,045 shares of the business services provider’s stock after selling 2,865 shares during the quarter. Farther Finance Advisors LLC’s holdings in Genpact were worth $222,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Genpact by 2.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider’s stock valued at $454,000 after acquiring an additional 240 shares during the period. Fifth Third Bancorp lifted its holdings in Genpact by 9.5% in the first quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 299 shares during the period. Petrus Trust Company LTA lifted its holdings in Genpact by 2.2% in the first quarter. Petrus Trust Company LTA now owns 14,390 shares of the business services provider’s stock valued at $725,000 after acquiring an additional 305 shares during the period. KBC Group NV lifted its holdings in Genpact by 4.7% in the first quarter. KBC Group NV now owns 7,266 shares of the business services provider’s stock valued at $366,000 after acquiring an additional 324 shares during the period. Finally, Callan Capital LLC lifted 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 valued at $620,000 after acquiring an additional 351 shares during the period. Institutional investors own 96.03% of the company’s stock.

Insider Buying and Selling

In other news, CEO Balkrishan Kalra sold 55,000 shares of Genpact stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $43.36, for a total value of $2,384,800.00. Following the completion of the transaction, the chief executive officer owned 295,246 shares in the company, valued at approximately $12,801,866.56. The trade was a 15.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Piyush Mehta sold 76,902 shares of Genpact stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $42.58, for a total value of $3,274,487.16. Following the completion of the transaction, the senior vice president owned 134,880 shares of the company’s stock, valued at approximately $5,743,190.40. This trade represents a 36.31% decrease in their position. The disclosure for this sale can be found here. 3.07% of the stock is currently owned by insiders.

Genpact Stock Performance

NYSE G opened at $41.87 on Thursday. The stock has a market capitalization of $7.30 billion, a PE ratio of 13.91, a P/E/G ratio of 1.44 and a beta of 0.89. The business has a 50 day simple moving average of $43.52 and a two-hundred day simple moving average of $45.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.53 and a quick ratio of 1.53. Genpact Limited has a 1-year low of $37.82 and a 1-year high of $56.76.

Genpact (NYSE:G) last released its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.03. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $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, research analysts predict that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were issued a $0.17 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. Genpact’s payout ratio is 22.59%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on G shares. JPMorgan Chase & Co. decreased their price objective on Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 20th. Needham & Company LLC raised their price objective on Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Wall Street Zen downgraded Genpact from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. Deutsche Bank Aktiengesellschaft started coverage on Genpact in a research note on Thursday, July 17th. They issued a “hold” rating and a $47.00 price objective on the stock. Finally, Mizuho raised their price objective on Genpact from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 1st. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $52.29.

Genpact Profile

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.