Voya Investment Management LLC Reduces Stock Position in Genpact Limited $G

Voya Investment Management LLC lowered its stake in Genpact Limited (NYSE:G) by 36.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,846 shares of the business services provider’s stock after selling 123,241 shares during the period. Voya Investment Management LLC owned approximately 0.12% of Genpact worth $8,958,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Genpact by 2.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider’s stock worth $454,000 after purchasing an additional 240 shares during the period. Sylvest Advisors LLC boosted its stake in Genpact by 1.5% during the second quarter. Sylvest Advisors LLC now owns 17,902 shares of the business services provider’s stock worth $788,000 after buying an additional 258 shares during the period. Louisiana State Employees Retirement System increased its position in Genpact by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 45,300 shares of the business services provider’s stock valued at $1,994,000 after acquiring an additional 300 shares during the last quarter. Petrus Trust Company LTA raised its stake in shares of Genpact by 2.2% in the first quarter. Petrus Trust Company LTA now owns 14,390 shares of the business services provider’s stock valued at $725,000 after acquiring an additional 305 shares during the period. Finally, Main Management ETF Advisors LLC raised its stake in shares of Genpact by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 20,524 shares of the business services provider’s stock valued at $903,000 after acquiring an additional 336 shares during the period. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Genpact

In other Genpact news, SVP Sameer Dewan sold 26,531 shares of Genpact stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $44.70, for a total value of $1,185,935.70. Following the transaction, the senior vice president directly owned 62,617 shares of the company’s stock, valued at approximately $2,798,979.90. The trade was a 29.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Tamara Franklin sold 2,750 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total value of $125,537.50. Following the transaction, the director directly owned 22,236 shares in the company, valued at approximately $1,015,073.40. The trade was a 11.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.80% of the stock is currently owned by company insiders.

Genpact Stock Performance

Shares of Genpact stock opened at $48.13 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.33. The stock’s fifty day moving average price is $43.36 and its 200-day moving average price is $43.40. The firm has a market cap of $8.30 billion, a P/E ratio of 15.52, a P/E/G ratio of 1.55 and a beta of 0.76. 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 results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.07. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. On average, equities research analysts expect that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, December 9th. Genpact’s dividend payout ratio is presently 21.94%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Susquehanna started coverage on shares of Genpact in a report on Friday, December 12th. They set a “neutral” rating and a $50.00 price target on the stock. Citigroup raised Genpact to a “hold” rating in a research report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Genpact from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. Three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Genpact currently has a consensus rating of “Hold” and a consensus price target of $51.00.

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.