Nordea Investment Management AB decreased its position in shares of Genpact Limited (NYSE:G – Free Report) by 24.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,904,301 shares of the business services provider’s stock after selling 613,292 shares during the quarter. Nordea Investment Management AB owned approximately 1.10% of Genpact worth $89,693,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of Genpact by 2.6% in the 4th quarter. GAMMA Investing LLC now owns 9,637 shares of the business services provider’s stock valued at $451,000 after buying an additional 241 shares during the period. OneAscent Investment Solutions LLC raised its position in shares of Genpact by 3.7% during the third quarter. OneAscent Investment Solutions LLC now owns 7,770 shares of the business services provider’s stock worth $325,000 after acquiring an additional 280 shares during the last quarter. JLB & Associates Inc. lifted its stake in shares of Genpact by 0.8% during the third quarter. JLB & Associates Inc. now owns 37,646 shares of the business services provider’s stock valued at $1,577,000 after acquiring an additional 292 shares during the period. Global X Japan Co. Ltd. boosted its holdings in Genpact by 33.0% in the third quarter. Global X Japan Co. Ltd. now owns 1,190 shares of the business services provider’s stock valued at $50,000 after acquiring an additional 295 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Genpact by 28.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the business services provider’s stock valued at $58,000 after acquiring an additional 302 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
G has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Wall Street Zen lowered shares of Genpact from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Susquehanna set a $42.00 price target on shares of Genpact in a research report on Friday, February 6th. Mizuho dropped their price target on shares of Genpact from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, February 10th. Finally, Citigroup upgraded shares of Genpact from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. 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, Genpact presently has an average rating of “Hold” and an average price target of $47.29.
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 shares were 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 in the company, valued at approximately $1,760,990.85. This trade represents a 28.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Balkrishan Kalra sold 2,800 shares of Genpact stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total transaction of $114,156.00. Following the transaction, the chief executive officer directly owned 525,007 shares in the company, valued at approximately $21,404,535.39. This represents a 0.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,904 shares of company stock worth $1,565,158. 1.58% of the stock is currently owned by company insiders.
Genpact Trading Up 0.1%
NYSE G opened at $38.76 on Tuesday. Genpact Limited has a 12 month low of $34.79 and a 12 month high of $51.27. The stock has a 50-day simple moving average of $40.84 and a 200 day simple moving average of $42.54. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $6.58 billion, a PE ratio of 12.38, a P/E/G ratio of 1.14 and a beta of 0.75.
Genpact (NYSE:G – Get Free Report) last issued its 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. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Genpact had a return on equity of 22.02% and a net margin of 10.88%.The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. 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 forecast that Genpact Limited will post 3.21 EPS for the current year.
Genpact Increases Dividend
The company 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 dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from Genpact’s previous quarterly dividend of $0.17. Genpact’s payout ratio is 23.96%.
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.
Further Reading
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