Zacks Research Analysts Lower Earnings Estimates for Gentex

Gentex Corporation (NASDAQ:GNTX) – Investment analysts at Zacks Research lowered their Q3 2026 earnings estimates for shares of Gentex in a research note issued on Thursday, March 5th. Zacks Research analyst Team now anticipates that the auto parts company will post earnings of $0.49 per share for the quarter, down from their prior estimate 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 released its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. Gentex had a return on equity of 16.05% and a net margin of 15.19%.The business had revenue of $644.40 million for the quarter, compared to the consensus estimate of $650.90 million. During the same quarter last year, the business posted $0.39 earnings per share. The company’s revenue for the quarter was up 19.0% on a year-over-year basis.

Other equities analysts also recently issued reports about the stock. B. Riley Financial decreased their price target on shares of Gentex from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Robert W. Baird set a $26.00 price target on Gentex in a research report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Gentex in a report on Thursday, January 22nd. UBS Group set a $25.00 price target on Gentex in a report on Monday, February 2nd. Finally, Wall Street Zen downgraded shares of Gentex from a “buy” rating to a “hold” rating in a research report 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $26.71.

Gentex Trading Down 1.6%

Shares of Gentex stock opened at $22.51 on Friday. The business’s 50-day moving average price is $23.87 and its 200-day moving average price is $24.94. The firm has a market capitalization of $4.85 billion, a PE ratio of 12.94 and a beta of 0.76. Gentex has a 12 month low of $20.28 and a 12 month high of $29.38.

Gentex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.1%. Gentex’s payout ratio is presently 27.59%.

Insider Buying and Selling

In related news, CTO Neil Boehm sold 11,248 shares of Gentex stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $24.82, for a total transaction of $279,175.36. Following the transaction, the chief technology officer directly owned 58,951 shares of the company’s stock, valued at $1,463,163.82. This trade represents a 16.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Kevin C. Nash sold 11,885 shares of the company’s stock in a transaction on 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 owned 59,430 shares of the company’s stock, valued at approximately $1,484,561.40. This represents a 16.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 58,133 shares of company stock valued at $1,442,313. Company insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GNTX. Wellington Management Group LLP raised its holdings in Gentex by 10.3% in 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. raised its stake in 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 acquiring an additional 236,346 shares during the last quarter. Bank of Montreal Can lifted its position in Gentex by 14,398.7% during 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 acquiring an additional 7,672,769 shares during the period. State Street Corp grew its stake in Gentex by 1.0% during the 2nd quarter. State Street Corp now owns 7,439,333 shares of the auto parts company’s stock valued at $163,591,000 after purchasing an additional 74,779 shares during the last quarter. Finally, Ariel Investments LLC increased its holdings in shares of Gentex by 3.9% in the second quarter. Ariel Investments LLC now owns 7,359,272 shares of the auto parts company’s stock valued at $161,830,000 after purchasing an additional 277,217 shares during the period. 86.76% of the stock is owned by institutional investors.

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).