QRG Capital Management Inc. Sells 56,585 Shares of Genpact Limited $G

QRG Capital Management Inc. trimmed its holdings in shares of Genpact Limited (NYSE:G) by 54.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 46,701 shares of the business services provider’s stock after selling 56,585 shares during the period. QRG Capital Management Inc.’s holdings in Genpact were worth $1,956,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in G. Private Trust Co. NA lifted its stake in Genpact by 364.2% during the third quarter. Private Trust Co. NA now owns 636 shares of the business services provider’s stock worth $27,000 after purchasing an additional 499 shares during the period. Quent Capital LLC bought a new position in shares of Genpact during the 3rd quarter worth approximately $27,000. Steph & Co. acquired a new stake in Genpact in the 2nd quarter valued at $37,000. Huntington National Bank grew its position in Genpact by 208.2% in the second quarter. Huntington National Bank now owns 906 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 612 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Genpact by 104.9% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 922 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 472 shares during the period. Institutional investors own 96.03% of the company’s stock.

Analysts Set New Price Targets

G has been the subject of several recent analyst reports. Citigroup raised shares of Genpact to a “hold” rating in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Wall Street Zen upgraded Genpact from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Finally, Susquehanna started coverage on Genpact in a research note on Friday, December 12th. They issued a “neutral” rating and a $50.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Genpact has an average rating of “Hold” and an average price target of $51.00.

Insider Buying and Selling

In other Genpact news, Director Tamara Franklin sold 2,750 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total transaction of $125,537.50. Following the completion of the sale, the director directly owned 22,236 shares of the company’s stock, valued at approximately $1,015,073.40. The trade was a 11.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Sameer Dewan sold 15,088 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total transaction of $703,855.20. Following the completion of the transaction, the senior vice president directly owned 37,749 shares in the company, valued at $1,760,990.85. This trade represents a 28.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 60,385 shares of company stock worth $2,762,475 over the last three months. 2.80% of the stock is currently owned by company insiders.

Genpact Stock Performance

Shares of Genpact stock opened at $45.92 on Tuesday. The firm has a 50 day simple moving average of $46.21 and a 200 day simple moving average of $43.93. Genpact Limited has a fifty-two week low of $37.49 and a fifty-two week high of $56.76. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market cap of $7.92 billion, a P/E ratio of 14.81, a P/E/G ratio of 1.36 and a beta of 0.75.

Genpact (NYSE:G) last announced its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.07. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Genpact had a return on equity of 22.55% and a net margin of 11.01%.The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. Sell-side analysts predict that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

About Genpact

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.