Mork Capital Management LLC bought a new position in shares of Genpact Limited (NYSE:G – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 30,000 shares of the business services provider’s stock, valued at approximately $1,257,000.
Several other large investors also recently bought and sold shares of G. OneAscent Investment Solutions LLC boosted its stake in shares of Genpact by 3.7% in the 3rd quarter. OneAscent Investment Solutions LLC now owns 7,770 shares of the business services provider’s stock valued at $325,000 after buying an additional 280 shares during the period. JLB & Associates Inc. increased 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 worth $1,577,000 after buying an additional 292 shares during the period. Global X Japan Co. Ltd. increased its stake in shares of Genpact by 33.0% during the third quarter. Global X Japan Co. Ltd. now owns 1,190 shares of the business services provider’s stock worth $50,000 after buying an additional 295 shares during the period. Smartleaf Asset Management LLC raised 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 in the last quarter. Finally, Johnson Investment Counsel Inc. raised its holdings in Genpact by 0.6% in the third quarter. Johnson Investment Counsel Inc. now owns 54,138 shares of the business services provider’s stock valued at $2,268,000 after acquiring an additional 311 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.
Analysts Set New Price Targets
Several research firms have commented on G. Wall Street Zen cut shares of Genpact from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Citigroup raised shares of Genpact from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Susquehanna set a $42.00 target price on Genpact in a report on Friday, February 6th. Finally, Needham & Company LLC cut their price target on Genpact from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $47.29.
Insider Activity
In other news, CEO Balkrishan Kalra sold 2,800 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total value of $114,156.00. Following the completion of the sale, the chief executive officer directly owned 525,007 shares of the company’s stock, valued at approximately $21,404,535.39. The trade was a 0.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Riju Vashisht sold 16,016 shares of the company’s stock in a transaction dated 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 directly owned 95,521 shares of the company’s stock, valued at approximately $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. In the last three months, insiders sold 33,904 shares of company stock valued at $1,565,158. Insiders own 2.80% of the company’s stock.
Genpact Trading Down 0.1%
Shares of Genpact stock opened at $38.27 on Tuesday. 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 fifty day simple moving average of $41.76 and a 200-day simple moving average of $42.78. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 1.13 and a beta of 0.75. Genpact Limited has a 12-month low of $34.79 and a 12-month high of $51.28.
Genpact (NYSE:G – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The business services provider reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the business earned $0.91 EPS. Genpact’s revenue for the quarter was up 5.6% compared to the same quarter last year. Genpact has set its FY 2026 guidance at 4.010-4.010 EPS and its Q1 2026 guidance at 0.920-0.930 EPS. On average, equities analysts forecast that Genpact Limited will post 3.21 EPS for the current fiscal year.
Genpact Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from Genpact’s previous quarterly dividend of $0.17. The ex-dividend date is Monday, March 16th. Genpact’s payout ratio is presently 21.73%.
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.
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