Gentex (NASDAQ:GNTX) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Gentex (NASDAQ:GNTX) announced its quarterly earnings results on Friday. The auto parts company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08, FiscalAI reports. The company had revenue of $651.30 million during the quarter, compared to the consensus estimate of $669.65 million. Gentex had a net margin of 14.75% and a return on equity of 16.27%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share.

Here are the key takeaways from Gentex’s conference call:

• Gentex reported record second-quarter EPS of $0.54, up 26% year over year, even though revenue came in below forecast. Higher gross margin and tight expense control helped drive the earnings beat.
• Gross margin improved to 37% from 34.2% last year, aided by about $18 million of IEEPA tariff reimbursements and favorable product mix. Management also raised full-year gross margin guidance to 34.5% to 35.5%.
• Automotive revenue declined as base mirror shipments and China sales stayed weak, with China expected to end 2026 around $100 million and remain in decline next year. Management said Europe is also pressured by lost programs and softer customer volumes.
• Non-automotive businesses continued to diversify the portfolio, led by premium audio revenue up 16% and other products up 12%. Gentex said non-automotive revenue now represents about 14% of total sales.
• The company highlighted strong product-launch momentum, including Full Display Mirror, driver and in-cabin monitoring systems, and advanced mirror features. Management also said it is progressing with a Morocco plant for European customers and expects to announce its first advanced electronics manufacturing award by next quarter.

Gentex Stock Down 5.7%

NASDAQ GNTX traded down $1.36 on Friday, reaching $22.44. 2,619,092 shares of the stock traded hands, compared to its average volume of 2,317,140. The firm’s fifty day simple moving average is $24.49 and its 200 day simple moving average is $23.53. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 12.59 and a beta of 0.78. Gentex has a 12 month low of $20.48 and a 12 month high of $29.38.

Gentex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, July 8th. Gentex’s dividend payout ratio (DPR) is presently 26.97%.

Insider Transactions at Gentex

In related news, Director Brian C. Walker sold 5,939 shares of Gentex stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $22.98, for a total transaction of $136,478.22. Following the transaction, the director directly owned 24,205 shares of the company’s stock, valued at $556,230.90. The trade was a 19.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph B. Anderson, Jr. sold 5,939 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $22.98, for a total transaction of $136,478.22. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 16,693 shares of company stock valued at $385,194. Corporate insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On Gentex

Several hedge funds have recently made changes to their positions in the business. Invesco Ltd. raised its holdings in shares of Gentex by 17.8% in the 4th quarter. Invesco Ltd. now owns 471,394 shares of the auto parts company’s stock worth $10,969,000 after purchasing an additional 71,114 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Gentex by 63.8% during the fourth quarter. Corient Private Wealth LLC now owns 73,115 shares of the auto parts company’s stock worth $1,549,000 after buying an additional 28,466 shares in the last quarter. First Citizens Bank & Trust Co. grew its position in Gentex by 1.9% in the fourth quarter. First Citizens Bank & Trust Co. now owns 29,807 shares of the auto parts company’s stock worth $694,000 after buying an additional 559 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Gentex in the fourth quarter worth approximately $231,000. Finally, Empowered Funds LLC increased its holdings in shares of Gentex by 1,871.6% in the fourth quarter. Empowered Funds LLC now owns 266,879 shares of the auto parts company’s stock valued at $6,210,000 after buying an additional 253,343 shares in the last quarter. Institutional investors and hedge funds own 86.76% of the company’s stock.

Gentex News Roundup

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Gentex posted Q2 adjusted EPS of $0.58, above the Zacks consensus estimate of $0.50, and improved from $0.47 a year ago. Gentex (GNTX) Tops Q2 Earnings Estimates
• Positive Sentiment: The company’s updated FY2026 and FY2027 revenue guidance suggests continued growth, with sales projected at $2.7 billion-$2.8 billion for FY2026 and $2.8 billion-$2.9 billion for FY2027, which may support investor confidence. Gentex Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Technical analysis suggests the shares may be trying to stabilize, with a hammer chart pattern indicating potential support after recent weakness. Here’s Why Gentex (GNTX) Could be Great Choice for a Bottom Fisher
• Negative Sentiment: Q2 revenue of $651.3 million fell short of the $669.7 million consensus estimate and declined 1% year over year, highlighting softer top-line performance. Gentex earnings report and conference call

Analysts Set New Price Targets

Several research firms have commented on GNTX. Freedom Capital upgraded shares of Gentex to a “strong-buy” rating in a research report on Friday, March 27th. Weiss Ratings raised Gentex from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Wall Street Zen downgraded Gentex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. B. Riley Financial restated a “buy” rating and issued a $29.00 target price (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. Finally, Robert W. Baird lifted their target price on Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $27.00.

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).