Cresset Asset Management LLC Increases Position in Genpact Limited $G

Cresset Asset Management LLC increased its holdings in Genpact Limited (NYSE:G) by 101.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,620 shares of the business services provider’s stock after acquiring an additional 17,965 shares during the period. Cresset Asset Management LLC’s holdings in Genpact were worth $1,492,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of G. Principal Financial Group Inc. raised its stake in shares of Genpact by 36.3% during the 3rd quarter. Principal Financial Group Inc. now owns 497,105 shares of the business services provider’s stock worth $20,824,000 after purchasing an additional 132,310 shares during the period. JPMorgan Chase & Co. increased its holdings 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 worth $157,609,000 after buying an additional 549,117 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Genpact by 64.3% during the third quarter. Envestnet Asset Management Inc. now owns 533,566 shares of the business services provider’s stock worth $22,351,000 after buying an additional 208,762 shares during the last quarter. ProShare Advisors LLC raised its position in Genpact by 27.5% in the third quarter. ProShare Advisors LLC now owns 153,260 shares of the business services provider’s stock worth $6,420,000 after acquiring an additional 33,056 shares during the period. Finally, Allianz Asset Management GmbH raised its position in Genpact by 153.6% in the third quarter. Allianz Asset Management GmbH now owns 1,597,446 shares of the business services provider’s stock worth $66,917,000 after acquiring an additional 967,559 shares during the period. 96.03% of the stock is currently owned by institutional investors.

Insider Transactions at Genpact

In related news, CEO Balkrishan Kalra sold 2,800 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total transaction of $114,156.00. Following the sale, the chief executive officer directly owned 525,007 shares in the company, valued at approximately $21,404,535.39. The trade was a 0.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Riju Vashisht sold 16,016 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $747,146.40. Following the sale, the senior vice president directly owned 95,521 shares in the company, valued at $4,456,054.65. This trade represents a 14.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,904 shares of company stock valued at $1,565,158 over the last three months. Company insiders own 2.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on G shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Citigroup raised shares of Genpact from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Mizuho dropped their price objective on Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Needham & Company LLC reduced their price objective on Genpact from $53.00 to $50.00 and set a “buy” rating for the company in a report on Friday, February 6th. Finally, Susquehanna set a $42.00 target price on Genpact in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $47.29.

Genpact Price Performance

Shares of NYSE:G opened at $41.74 on Monday. The firm has a market capitalization of $7.09 billion, a PE ratio of 13.34, a P/E/G ratio of 1.23 and a beta of 0.75. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $42.71 and a two-hundred day moving average price of $43.04. Genpact Limited has a twelve month low of $34.79 and a twelve month high of $51.74.

Genpact (NYSE:G) last posted its quarterly 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. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 earnings per share. 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 forecast that Genpact Limited will post 3.21 EPS for the current year.

Genpact Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.1875 per share. This is an increase from Genpact’s previous quarterly dividend of $0.17. This represents a $0.75 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, March 16th. Genpact’s dividend payout ratio (DPR) is currently 21.73%.

Genpact 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.