Citigroup upgraded shares of Genpact (NYSE:G – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Friday morning,Zacks.com reports.
Several other equities research analysts have also recently issued reports on G. Mizuho cut their target price on Genpact from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, February 10th. Wall Street Zen upgraded Genpact from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Needham & Company LLC reduced their price objective on shares of Genpact from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Finally, Susquehanna set a $42.00 target price on shares of Genpact in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Genpact presently has a consensus rating of “Hold” and an average target price of $47.29.
Check Out Our Latest Stock Report on Genpact
Genpact Price Performance
Genpact (NYSE:G – Get Free Report) last issued its earnings results on Thursday, February 5th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. Genpact had a return on equity of 22.02% and a net margin of 10.88%.The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the business earned $0.91 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. Genpact has set its FY 2026 guidance at 4.010-4.010 EPS and its Q1 2026 guidance at 0.920-0.930 EPS. Equities research analysts expect that Genpact will post 3.21 EPS for the current fiscal year.
Genpact Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.1875 dividend. This is a positive change from Genpact’s previous quarterly dividend of $0.17. The ex-dividend date is Monday, March 16th. This represents a $0.75 annualized dividend and a yield of 2.0%. Genpact’s dividend payout ratio (DPR) is presently 21.73%.
Insider Transactions at Genpact
In other news, SVP Riju Vashisht sold 16,016 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total transaction of $747,146.40. Following the transaction, the senior vice president directly owned 95,521 shares in the company, valued at $4,456,054.65. This represents a 14.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Sameer Dewan sold 15,088 shares of the stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total transaction of $703,855.20. Following the transaction, the senior vice president directly owned 37,749 shares in the company, valued at approximately $1,760,990.85. This represents a 28.56% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.80% of the company’s stock.
Hedge Funds Weigh In On Genpact
Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in Genpact by 19.7% in the 1st quarter. Royal Bank of Canada now owns 121,705 shares of the business services provider’s stock valued at $6,131,000 after purchasing an additional 20,043 shares in the last quarter. Amundi purchased a new stake in shares of Genpact in the first quarter worth about $58,000. Goldman Sachs Group Inc. grew its stake in shares of Genpact by 20.8% in the first quarter. Goldman Sachs Group Inc. now owns 353,074 shares of the business services provider’s stock valued at $17,788,000 after buying an additional 60,887 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Genpact by 12.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 511,627 shares of the business services provider’s stock valued at $25,776,000 after buying an additional 56,557 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of Genpact by 10.3% during the 1st quarter. Focus Partners Wealth now owns 5,227 shares of the business services provider’s stock valued at $263,000 after buying an additional 488 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.
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.
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