Genpact Limited $G Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its position in Genpact Limited (NYSE:GFree Report) by 16.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,440 shares of the business services provider’s stock after purchasing an additional 15,876 shares during the quarter. Illinois Municipal Retirement Fund owned 0.06% of Genpact worth $4,668,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in G. LSV Asset Management purchased a new position in Genpact in the 2nd quarter valued at about $71,592,000. Norges Bank acquired a new position in shares of Genpact in the second quarter worth about $52,819,000. Invesco Ltd. boosted its holdings in Genpact by 334.9% in the second quarter. Invesco Ltd. now owns 1,403,292 shares of the business services provider’s stock valued at $61,759,000 after purchasing an additional 1,080,602 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Genpact by 60.2% in the second quarter. Nordea Investment Management AB now owns 2,617,255 shares of the business services provider’s stock valued at $114,924,000 after purchasing an additional 983,774 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in Genpact by 153.6% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Genpact Stock Up 2.7%

G stock opened at $37.31 on Friday. The firm has a market cap of $6.43 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.10 and a beta of 0.74. Genpact Limited has a 1-year low of $34.79 and a 1-year high of $55.55. The firm has a fifty day moving average price of $45.18 and a two-hundred day moving average price of $43.48. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.66 and a quick ratio of 1.51.

Genpact (NYSE:GGet Free Report) last posted its quarterly earnings results 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 company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm posted $0.91 EPS. The company’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. Research analysts predict that Genpact Limited will post 3.21 EPS for the current year.

Genpact Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.1875 dividend. The ex-dividend date is Monday, March 16th. This is an increase from Genpact’s previous quarterly dividend of $0.17. This represents a $0.75 dividend on an annualized basis and a yield of 2.0%. Genpact’s payout ratio is presently 21.73%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on G shares. Mizuho cut their target price on Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. Needham & Company LLC dropped their price target on shares of Genpact from $53.00 to $50.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, Citigroup raised shares of Genpact from a “hold” rating to a “strong-buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Genpact presently has an average rating of “Hold” and an average target price of $47.29.

Read Our Latest Stock Report on Genpact

Insider Activity at Genpact

In other Genpact news, SVP Sameer Dewan sold 15,088 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $703,855.20. Following the sale, the senior vice president directly owned 37,749 shares of the company’s stock, valued at $1,760,990.85. This trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Riju Vashisht sold 16,016 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 $747,146.40. Following the completion of the sale, the senior vice president owned 95,521 shares in the company, valued at $4,456,054.65. The trade was a 14.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.07% of the stock is currently owned by corporate insiders.

Genpact Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Genpact (NYSE:G)

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