Inspire Investing LLC Has $2.29 Million Stock Holdings in Genpact Limited $G

Inspire Investing LLC raised its position in Genpact Limited (NYSE:GFree Report) by 80.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,011 shares of the business services provider’s stock after buying an additional 23,213 shares during the quarter. Inspire Investing LLC’s holdings in Genpact were worth $2,289,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of G. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Genpact in the first quarter worth $115,807,000. Clark Capital Management Group Inc. bought a new position in shares of Genpact in the first quarter worth $64,842,000. Ameriprise Financial Inc. increased its position in shares of Genpact by 109.8% in the first quarter. Ameriprise Financial Inc. now owns 1,615,220 shares of the business services provider’s stock worth $81,375,000 after purchasing an additional 845,393 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Genpact by 20.9% during the 1st quarter. JPMorgan Chase & Co. now owns 4,111,340 shares of the business services provider’s stock worth $207,129,000 after buying an additional 710,704 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Genpact by 421.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 767,386 shares of the business services provider’s stock worth $38,662,000 after buying an additional 620,201 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Genpact in a research report on Thursday, July 17th. They set a “hold” rating and a $47.00 price objective for the company. JPMorgan Chase & Co. dropped their price objective on Genpact from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday, August 20th. Wall Street Zen downgraded Genpact from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Needham & Company LLC upped their price objective on Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Genpact in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $52.29.

Check Out Our Latest Analysis on Genpact

Genpact Price Performance

Genpact stock opened at $39.35 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $6.86 billion, a PE ratio of 13.07, a P/E/G ratio of 1.38 and a beta of 0.89. Genpact Limited has a 12 month low of $37.82 and a 12 month high of $56.76. The stock has a 50-day moving average price of $42.97 and a two-hundred day moving average price of $44.60.

Genpact (NYSE:GGet Free Report) last issued its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the company earned $0.79 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Analysts expect that Genpact Limited will post 3.21 EPS for the current year.

Genpact Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, December 9th. Genpact’s dividend payout ratio (DPR) is 22.59%.

Insider Transactions at Genpact

In other news, CEO Balkrishan Kalra sold 55,000 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $43.36, for a total transaction of $2,384,800.00. Following the completion of the transaction, the chief executive officer directly owned 295,246 shares in the company, valued at $12,801,866.56. This trade represents a 15.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Piyush Mehta sold 76,902 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $42.58, for a total value of $3,274,487.16. Following the transaction, the senior vice president owned 134,880 shares of the company’s stock, valued at $5,743,190.40. This trade represents a 36.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.07% of the stock is owned by company insiders.

Genpact Company Profile

(Free Report)

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.

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Institutional Ownership by Quarter for Genpact (NYSE:G)

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