Public Employees Retirement System of Ohio Has $2.68 Million Position in Genpact Limited $G

Public Employees Retirement System of Ohio decreased its position in shares of Genpact Limited (NYSE:G) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,919 shares of the business services provider’s stock after selling 2,077 shares during the period. Public Employees Retirement System of Ohio’s holdings in Genpact were worth $2,681,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new position in Genpact during the 1st quarter worth $27,000. Richardson Financial Services Inc. bought a new position in Genpact during the 1st quarter worth $35,000. SVB Wealth LLC bought a new position in Genpact during the 1st quarter worth $41,000. Kestra Investment Management LLC bought a new position in Genpact during the 1st quarter worth $56,000. Finally, Global X Japan Co. Ltd. bought a new position in Genpact during the 1st quarter worth $57,000. Institutional investors own 96.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on G shares. JPMorgan Chase & Co. lowered their price objective on Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 20th. Mizuho increased their price objective on Genpact from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft started coverage on Genpact in a research report on Thursday, July 17th. They set a “hold” rating and a $47.00 price objective on the stock. Wall Street Zen cut Genpact from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Finally, Needham & Company LLC boosted their price target on Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Genpact currently has a consensus rating of “Hold” and an average target price of $52.29.

Genpact Stock Performance

Genpact stock opened at $41.87 on Thursday. Genpact Limited has a 12-month low of $37.82 and a 12-month high of $56.76. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. The business’s 50-day moving average price is $43.52 and its two-hundred day moving average price is $45.06. The stock has a market cap of $7.30 billion, a PE ratio of 13.91, a P/E/G ratio of 1.44 and a beta of 0.89.

Genpact (NYSE:G) last released its earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the business posted $0.79 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. As a group, analysts expect that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Dividend Announcement

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

Insider Transactions at Genpact

In other news, CEO Balkrishan Kalra sold 55,000 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $43.36, for a total transaction of $2,384,800.00. Following the sale, the chief executive officer directly owned 295,246 shares in the company, valued at approximately $12,801,866.56. The trade was a 15.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Piyush Mehta sold 76,902 shares of the business’s stock in a transaction dated 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 sale, the senior vice president owned 134,880 shares in the company, valued at approximately $5,743,190.40. This trade represents a 36.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.07% of the company’s stock.

About Genpact

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.