25,696 Gentex Corporation $GNTX Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA trimmed its position in shares of Gentex Corporation (NASDAQ:GNTX) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 590,752 shares of the auto parts company’s stock after selling 25,696 shares during the period. Leeward Investments LLC MA’s holdings in Gentex were worth $12,843,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Norris Perne & French LLP MI purchased a new position in Gentex during the 3rd quarter valued at about $693,000. Signaturefd LLC raised its position in Gentex by 51.1% during the 3rd quarter. Signaturefd LLC now owns 23,975 shares of the auto parts company’s stock valued at $521,000 after purchasing an additional 8,104 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in Gentex in the 3rd quarter worth approximately $219,000. Inspire Investing LLC lifted its holdings in Gentex by 8.5% in the 3rd quarter. Inspire Investing LLC now owns 29,061 shares of the auto parts company’s stock worth $632,000 after buying an additional 2,269 shares during the period. Finally, Studio Investment Management LLC lifted its holdings in Gentex by 20.8% in the 3rd quarter. Studio Investment Management LLC now owns 18,371 shares of the auto parts company’s stock worth $399,000 after buying an additional 3,164 shares during the period. 86.76% of the stock is currently owned by hedge funds and other institutional investors.

Gentex Price Performance

Shares of GNTX stock opened at $20.66 on Monday. The business’s fifty day moving average is $22.26 and its 200 day moving average is $23.30. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 11.11 and a beta of 0.86. Gentex Corporation has a twelve month low of $19.98 and a twelve month high of $26.48.

Gentex (NASDAQ:GNTX) last announced its quarterly earnings data on Friday, October 23rd. The auto parts company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.03). The company had revenue of $647.71 million for the quarter, compared to analysts’ expectations of $669.69 million. Gentex had a net margin of 15.15% and a return on equity of 16.67%. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 EPS. Equities research analysts expect that Gentex Corporation will post 2.06 earnings per share for the current fiscal year.

Gentex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Wednesday, October 7th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, October 7th. Gentex’s dividend payout ratio (DPR) is currently 25.81%.

Analyst Ratings Changes

Several research firms have recently issued reports on GNTX. Freedom Capital cut Gentex from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group downgraded Gentex from a “neutral” rating to a “sell” rating and decreased their target price for the company from $23.00 to $20.00 in a report on Tuesday, October 6th. Weiss Ratings lowered Gentex from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. UBS Group dropped their price target on Gentex from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Finally, JPMorgan Chase & Co. cut their price target on shares of Gentex from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $25.20.

Key Gentex News

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Premium Audio revenue rose approximately 27% year over year to $54.7 million, providing growth outside Gentex’s core automotive business. The company also repurchased 5.7 million shares for $132.6 million during the quarter. Gentex Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Gentex secured its first printed circuit board assembly contract, with production expected to begin in 2029, potentially creating a longer-term source of revenue diversification. Gentex Reports Third-Quarter Results
• Neutral Sentiment: Management maintained its fiscal 2027 revenue outlook at approximately $2.8 billion to $2.9 billion, broadly in line with consensus, suggesting it views current weakness as manageable over the longer term.
• Negative Sentiment: Third-quarter adjusted EPS was $0.47, below the approximately $0.50–$0.51 consensus estimate, while revenue of $647.7 million missed expectations near $669.7 million. GAAP net income fell to $90.6 million, or $0.43 per diluted share, from $101.0 million a year earlier. Gentex Q3 Earnings Miss
• Negative Sentiment: Automotive sales dropped to $552.5 million from $573.7 million, and gross margin contracted to 33.4% from 34.4%. Management cited persistent weakness in China and rising costs as ongoing headwinds.
• Negative Sentiment: Gentex reduced its 2026 revenue outlook to approximately $2.65 billion, increasing concerns about near-term demand and profitability despite the unchanged 2027 forecast.

Gentex Company Profile

Gentex Corporation (NASDAQ:GNTX) is a technology manufacturer headquartered in Zeeland, Michigan. Founded in 1974, the company develops products primarily for the automotive industry, along with selected applications in the aerospace and fire-protection markets.

Gentex is best known for its automatic-dimming rearview and side-view mirrors, which use electrochromic technology to reduce glare. Its automotive product portfolio also includes camera-based driver-assistance systems, digital vision and sensing technologies, connected-car products, overhead console systems, and HomeLink universal garage-door and home-control systems.