Bayforest Capital Ltd Has $397,000 Stock Position in Genpact Limited $G

Bayforest Capital Ltd increased its holdings in shares of Genpact Limited (NYSE:G) by 83.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,024 shares of the business services provider’s stock after purchasing an additional 4,113 shares during the quarter. Bayforest Capital Ltd’s holdings in Genpact were worth $397,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its position in Genpact by 59.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 10,355 shares of the business services provider’s stock valued at $522,000 after purchasing an additional 3,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Genpact by 20.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,650 shares of the business services provider’s stock valued at $486,000 after acquiring an additional 1,651 shares during the last quarter. Wright Investors Service Inc. acquired a new stake in Genpact in the 2nd quarter valued at about $457,000. GAMMA Investing LLC lifted its stake in Genpact by 88.0% in the 1st quarter. GAMMA Investing LLC now owns 9,744 shares of the business services provider’s stock valued at $491,000 after purchasing an additional 4,561 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in shares of Genpact in the first quarter valued at approximately $1,191,000. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Needham & Company LLC raised their target price on shares of Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Genpact in a research report on Thursday, July 17th. They set a “hold” rating and a $47.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a report on Wednesday, October 8th. Mizuho lifted their target price on Genpact from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Tuesday, July 1st. Finally, Wall Street Zen downgraded Genpact from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Genpact presently has an average rating of “Hold” and a consensus price target of $52.29.

Genpact Stock Down 1.1%

G stock opened at $39.40 on Thursday. The business has a 50-day simple moving average of $42.81 and a 200 day simple moving average of $44.37. The company has a market cap of $6.87 billion, a PE ratio of 13.09, a price-to-earnings-growth ratio of 1.37 and a beta of 0.89. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. Genpact Limited has a 52 week low of $37.82 and a 52 week high of $56.76.

Genpact (NYSE:G) last issued its earnings results on Thursday, August 7th. The business services provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.85 by $0.03. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the previous year, the company earned $0.79 EPS. The business’s revenue for the quarter 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. Sell-side analysts anticipate that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Dividend Announcement

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

Insiders Place Their Bets

In related news, SVP Piyush Mehta sold 76,902 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the completion of the transaction, the senior vice president directly owned 134,880 shares in the company, valued at $5,743,190.40. This represents a 36.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Balkrishan Kalra sold 55,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 295,246 shares of the company’s stock, valued at approximately $12,801,866.56. This represents a 15.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.07% of the stock is currently owned by insiders.

Genpact Company Profile

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.