Zacks Research Issues Negative Forecast for Gentex Earnings

Gentex Corporation (NASDAQ:GNTX) – Investment analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Gentex in a research note issued on Thursday, March 5th. Zacks Research analyst Team now forecasts that the auto parts company will earn $0.49 per share for the quarter, down from their prior forecast of $0.50. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.89 EPS and FY2028 earnings at $2.49 EPS.

Gentex (NASDAQ:GNTX) last issued its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. Gentex had a net margin of 15.19% and a return on equity of 16.05%. The company had revenue of $644.40 million for the quarter, compared to the consensus estimate of $650.90 million. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s quarterly revenue was up 19.0% on a year-over-year basis.

Several other brokerages have also weighed in on GNTX. B. Riley Financial reduced their price objective on Gentex from $32.00 to $28.00 and set a “buy” rating for the company in a report on Monday, February 2nd. UBS Group set a $25.00 price target on Gentex in a research report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Gentex in a research note on Thursday, January 22nd. Robert W. Baird set a $26.00 price objective on Gentex in a report on Wednesday, January 14th. Finally, Wall Street Zen cut Gentex from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $26.71.

Gentex Stock Down 1.9%

Gentex stock opened at $22.08 on Friday. The company has a market capitalization of $4.76 billion, a P/E ratio of 12.69 and a beta of 0.76. The firm has a 50 day moving average price of $23.85 and a 200-day moving average price of $24.91. Gentex has a twelve month low of $20.28 and a twelve month high of $29.38.

Hedge Funds Weigh In On Gentex

A number of large investors have recently modified their holdings of GNTX. Wellington Management Group LLP grew its holdings in shares of Gentex by 10.3% during the third quarter. Wellington Management Group LLP now owns 14,828,120 shares of the auto parts company’s stock worth $419,636,000 after purchasing an additional 1,383,203 shares in the last quarter. Burgundy Asset Management Ltd. increased its holdings in shares of Gentex by 3.1% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 7,964,555 shares of the auto parts company’s stock worth $175,141,000 after buying an additional 236,346 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Gentex by 14,398.7% in the 4th quarter. Bank of Montreal Can now owns 7,726,057 shares of the auto parts company’s stock worth $179,785,000 after buying an additional 7,672,769 shares during the last quarter. State Street Corp lifted its holdings in shares of Gentex by 1.0% during the 2nd quarter. State Street Corp now owns 7,439,333 shares of the auto parts company’s stock worth $163,591,000 after acquiring an additional 74,779 shares during the last quarter. Finally, Ariel Investments LLC lifted its holdings in shares of Gentex by 3.9% during the 2nd quarter. Ariel Investments LLC now owns 7,359,272 shares of the auto parts company’s stock worth $161,830,000 after acquiring an additional 277,217 shares during the last quarter. 86.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Steven R. Downing sold 35,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total transaction of $866,250.00. Following the sale, the chief executive officer directly owned 211,670 shares in the company, valued at approximately $5,238,832.50. The trade was a 14.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kevin C. Nash sold 11,885 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.98, for a total value of $296,887.30. Following the sale, the chief financial officer directly owned 59,430 shares in the company, valued at $1,484,561.40. This trade represents a 16.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 58,133 shares of company stock worth $1,442,313. 0.45% of the stock is owned by corporate insiders.

Gentex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, April 8th. Gentex’s dividend payout ratio (DPR) is presently 27.59%.

Gentex Company Profile

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).