Grantham Mayo Van Otterloo & Co. LLC cut its position in Genpact Limited (NYSE:G – Free Report) by 39.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,461 shares of the business services provider’s stock after selling 34,691 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Genpact were worth $2,239,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted 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 buying an additional 132,310 shares during the last quarter. JPMorgan Chase & Co. lifted 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 worth $157,609,000 after acquiring an additional 549,117 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of 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 acquiring an additional 208,762 shares during the period. Allianz Asset Management GmbH grew its position in shares of 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 valued at $66,917,000 after purchasing an additional 967,559 shares during the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Genpact by 27.5% during the third quarter. ProShare Advisors LLC now owns 153,260 shares of the business services provider’s stock worth $6,420,000 after purchasing an additional 33,056 shares during the period. 96.03% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
G has been the topic of a number of research reports. Susquehanna set a $42.00 price objective on Genpact in a report on Friday, February 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Citigroup upgraded shares of Genpact from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Mizuho dropped their price objective on shares of Genpact from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, February 10th. Finally, Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $47.29.
Genpact Stock Down 4.8%
G stock opened at $38.89 on Wednesday. The company has a market cap of $6.61 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 1.20 and a beta of 0.75. The business has a 50-day simple moving average of $42.41 and a 200 day simple moving average of $42.97. Genpact Limited has a 52 week low of $34.79 and a 52 week high of $51.28. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.46.
Genpact (NYSE:G – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company posted $0.91 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts anticipate that Genpact Limited will post 3.21 EPS for the current fiscal year.
Genpact Increases Dividend
The company also recently disclosed 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 yield of 1.9%. The ex-dividend date is Monday, March 16th. Genpact’s dividend payout ratio (DPR) is presently 21.73%.
Insider Buying and Selling at Genpact
In other Genpact news, SVP Riju Vashisht sold 16,016 shares of the company’s 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Sameer Dewan sold 15,088 shares of the firm’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $703,855.20. Following the completion of the sale, 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. Insiders sold a total of 33,904 shares of company stock worth $1,565,158 over the last three months. Corporate insiders own 2.80% of the company’s stock.
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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