Andra AP fonden cut its position in shares of Genpact Limited (NYSE:G – Free Report) by 50.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,900 shares of the business services provider’s stock after selling 48,380 shares during the quarter. Andra AP fonden’s holdings in Genpact were worth $2,007,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hussman Strategic Advisors Inc. acquired a new position in Genpact in the 2nd quarter worth approximately $3,697,000. Access Investment Management LLC purchased a new stake in shares of Genpact in the second quarter valued at $9,423,000. Strs Ohio boosted its position in shares of Genpact by 51.4% in the second quarter. Strs Ohio now owns 56,217 shares of the business services provider’s stock worth $2,474,000 after buying an additional 19,075 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Genpact by 36.3% during the third quarter. Principal Financial Group Inc. now owns 497,105 shares of the business services provider’s stock valued at $20,824,000 after buying an additional 132,310 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Genpact by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock valued at $157,609,000 after buying an additional 549,117 shares during the period. 96.03% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have commented on G. Citigroup upgraded Genpact from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Mizuho lowered their price objective on shares of Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. Susquehanna set a $42.00 target price on shares of Genpact in a research report on Friday, February 6th. Finally, Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $47.29.
Insider Activity at Genpact
In related news, SVP Sameer Dewan sold 15,088 shares of the company’s stock in a transaction on 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 sale, the senior vice president directly owned 37,749 shares of the company’s stock, valued at approximately $1,760,990.85. This represents a 28.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Riju Vashisht sold 16,016 shares of Genpact stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total transaction of $747,146.40. Following the completion of the transaction, the senior vice president owned 95,521 shares in the company, valued at $4,456,054.65. This trade represents a 14.36% decrease in their position. The SEC filing for this sale provides additional information. 3.07% of the stock is currently owned by insiders.
Genpact Stock Performance
Shares of G opened at $39.71 on Friday. The firm has a market cap of $6.85 billion, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 1.17 and a beta of 0.74. The company’s fifty day moving average is $43.44 and its 200-day moving average is $43.16. The company has a quick ratio of 1.51, a current ratio of 1.66 and a debt-to-equity ratio of 0.46. Genpact Limited has a 12 month low of $34.79 and a 12 month high of $54.00.
Genpact (NYSE:G – Get Free Report) last posted its earnings results on Thursday, February 5th. The business services provider reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The business’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 analysts expect that Genpact Limited will post 3.21 EPS for the current fiscal year.
Genpact Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from Genpact’s previous quarterly dividend of $0.17. Genpact’s dividend payout ratio (DPR) is 21.73%.
Genpact Company Profile
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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