Genpact (NYSE:G) SVP Sameer Dewan Sells 26,531 Shares of Stock

Genpact Limited (NYSE:G) SVP Sameer Dewan sold 26,531 shares of Genpact stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $44.70, for a total transaction of $1,185,935.70. Following the completion of the sale, the senior vice president directly owned 62,617 shares in the company, valued at approximately $2,798,979.90. This represents a 29.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Genpact Trading Down 1.1%

Shares of G stock opened at $45.03 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.51 and a debt-to-equity ratio of 0.33. The firm has a market cap of $7.76 billion, a P/E ratio of 14.52, a PEG ratio of 1.45 and a beta of 0.85. The company has a 50 day moving average of $41.12 and a 200-day moving average of $43.28. Genpact Limited has a 12-month low of $37.49 and a 12-month high of $56.76.

Genpact (NYSE:G) last announced its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.07. Genpact had a return on equity of 22.55% and a net margin of 11.01%.The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the company earned $0.85 earnings per share. Genpact’s revenue was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS. Q4 2025 guidance at 0.930-0.940 EPS. Sell-side analysts anticipate that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, December 9th. Genpact’s dividend payout ratio (DPR) is currently 21.94%.

Analysts Set New Price Targets

G has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday, August 20th. Citigroup upgraded shares of Genpact to a “hold” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft began coverage on shares of Genpact in a report on Thursday, July 17th. They set a “hold” rating and a $47.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Genpact in a report on Wednesday, October 8th. Finally, Wall Street Zen cut Genpact from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $51.13.

Hedge Funds Weigh In On Genpact

A number of hedge funds and other institutional investors have recently modified their holdings of G. NorthRock Partners LLC bought a new position in shares of Genpact during the 3rd quarter valued at about $297,000. Glenmede Investment Management LP lifted its position in Genpact by 6.9% in the 3rd quarter. Glenmede Investment Management LP now owns 72,851 shares of the business services provider’s stock worth $3,052,000 after buying an additional 4,694 shares during the last quarter. Jump Financial LLC purchased a new stake in Genpact in the third quarter worth approximately $2,079,000. Legacy Advisors LLC bought a new position in Genpact during the third quarter valued at approximately $272,000. Finally, Kennedy Capital Management LLC raised its stake in shares of Genpact by 44.2% during the third quarter. Kennedy Capital Management LLC now owns 501,024 shares of the business services provider’s stock worth $20,988,000 after acquiring an additional 153,671 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

About Genpact

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.