Vanguard Group Inc. cut its holdings in Genpact Limited (NYSE:G – Free Report) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,507,219 shares of the business services provider’s stock after selling 180,906 shares during the period. Vanguard Group Inc. owned about 9.47% of Genpact worth $691,487,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of Genpact by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock worth $157,609,000 after purchasing an additional 549,117 shares during the period. Geode Capital Management LLC lifted its position in Genpact by 2.5% in the second quarter. Geode Capital Management LLC now owns 3,645,967 shares of the business services provider’s stock worth $160,480,000 after buying an additional 90,541 shares during the last quarter. Tandem Investment Advisors Inc. boosted its stake in Genpact by 13.6% during the third quarter. Tandem Investment Advisors Inc. now owns 2,936,194 shares of the business services provider’s stock worth $122,997,000 after buying an additional 351,871 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in Genpact by 3.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,584,606 shares of the business services provider’s stock worth $108,269,000 after buying an additional 82,918 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Genpact by 34.1% during the second quarter. Ameriprise Financial Inc. now owns 2,166,489 shares of the business services provider’s stock valued at $95,347,000 after acquiring an additional 551,269 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.
Wall Street Analysts Forecast Growth
G has been the subject of several analyst reports. Wall Street Zen upgraded shares of Genpact from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Needham & Company LLC dropped their target price on Genpact from $53.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Genpact in a research note on Friday, December 26th. Citigroup raised Genpact from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Susquehanna set a $42.00 target price on shares of Genpact in a research note on Friday, February 6th. 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, the company has an average rating of “Hold” and a consensus price target of $47.29.
Genpact Stock Performance
G stock opened at $37.55 on Tuesday. Genpact Limited has a 1-year low of $34.79 and a 1-year high of $54.00. The business has a 50-day moving average price of $44.16 and a 200 day moving average price of $43.29. The company has a market capitalization of $6.47 billion, a P/E ratio of 12.00, a PEG ratio of 1.14 and a beta of 0.74. 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:G – Get Free Report) last posted its earnings results on Thursday, February 5th. The business services provider reported $0.97 EPS for the quarter, beating 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 business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter 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. As a group, equities research analysts forecast that Genpact Limited will post 3.21 EPS for the current fiscal year.
Genpact Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Genpact’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, March 16th. Genpact’s payout ratio is presently 23.96%.
Insider Buying and Selling
In other news, SVP Sameer Dewan sold 15,088 shares of Genpact 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 transaction, the senior vice president directly owned 37,749 shares in the company, valued at approximately $1,760,990.85. This trade represents a 28.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $747,146.40. Following the sale, the senior vice president owned 95,521 shares of the company’s stock, valued at $4,456,054.65. This trade represents a 14.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.07% of the company’s stock.
Genpact 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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