VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in shares of Genpact Limited (NYSE:G – Free Report) by 59.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,500 shares of the business services provider’s stock after selling 31,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Genpact were worth $699,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in shares of Genpact by 12.0% during the first quarter. Dimensional Fund Advisors LP now owns 5,609,641 shares of the business services provider’s stock valued at $208,965,000 after buying an additional 598,877 shares during the period. First Trust Advisors LP grew its stake in Genpact by 10.2% in the 1st quarter. First Trust Advisors LP now owns 2,415,994 shares of the business services provider’s stock worth $89,996,000 after acquiring an additional 222,899 shares during the period. Temasek Holdings Private Ltd purchased a new stake in Genpact in the 1st quarter worth approximately $30,037,000. Pacer Advisors Inc. raised its holdings in Genpact by 40.7% in the 1st quarter. Pacer Advisors Inc. now owns 765,204 shares of the business services provider’s stock valued at $28,504,000 after acquiring an additional 221,536 shares during the last quarter. Finally, Rice Hall James & Associates LLC raised its holdings in Genpact by 172.5% in the 1st quarter. Rice Hall James & Associates LLC now owns 704,124 shares of the business services provider’s stock valued at $26,229,000 after acquiring an additional 445,743 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.
More Genpact News
Here are the key news stories impacting Genpact this week:
- Positive Sentiment: Genpact reported third-quarter adjusted EPS of $1.07, above estimates of about $1.04–$1.05 and up from $0.97 a year earlier. Revenue increased 7.3% year over year, while ATS revenue grew about 30% and gross margin expanded. Management raised its 2026 gross-margin and adjusted-EPS outlook. G Q3 Earnings Beat Estimates on ATS Growth, Margins Expand
- Positive Sentiment: Needham raised its price target from $45 to $55 and maintained a Buy rating, signaling further potential upside in its view. Needham analyst recommendations
- Neutral Sentiment: Susquehanna lifted its target from $40 to $42 but kept a Neutral rating, indicating a more cautious view than Needham’s. Susquehanna analyst recommendations
- Negative Sentiment: Genpact’s fourth-quarter 2026 revenue guidance of $1.2 billion is below the reported consensus estimate of $1.4 billion, a potential concern that could temper the positive reaction to the quarterly results.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on G. Citigroup increased their price target on Genpact from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on Genpact from $40.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Wall Street Zen lowered Genpact from a “buy” rating to a “hold” rating in a research note on Saturday. BMO Capital Markets reiterated a “market perform” rating and set a $40.00 target price on shares of Genpact in a research report on Friday, August 7th. Finally, Susquehanna raised their price target on Genpact from $40.00 to $42.00 and gave the stock a “neutral” rating in a research note on Friday. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Genpact has a consensus rating of “Hold” and a consensus target price of $41.00.
Read Our Latest Stock Report on Genpact
Insider Activity
In other news, SVP Anil Nanduru sold 6,191 shares of Genpact stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $37.03, for a total transaction of $229,252.73. Following the sale, the senior vice president owned 70,253 shares in the company, valued at $2,601,468.59. This trade represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.58% of the stock is owned by corporate insiders.
Genpact Stock Up 2.8%
Genpact stock traded up $1.14 during trading on Friday, reaching $42.24. 3,931,711 shares of the company’s stock were exchanged, compared to its average volume of 1,797,965. Genpact Limited has a 52-week low of $26.85 and a 52-week high of $48.64. The company’s 50-day moving average is $36.53 and its two-hundred day moving average is $35.53. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.00. The firm has a market cap of $7.06 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 1.08 and a beta of 0.53.
Genpact (NYSE:G – Get Free Report) last announced its earnings results on Thursday, November 5th. The business services provider reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Genpact had a return on equity of 23.34% and a net margin of 11.04%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS. On average, analysts predict that Genpact Limited will post 3.66 earnings per share for the current year.
Genpact Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Stockholders of record on Thursday, December 10th will be paid a dividend of $0.1875 per share. The ex-dividend date is Thursday, December 10th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.8%. Genpact’s dividend payout ratio (DPR) is currently 22.26%.
Genpact Profile
Genpact (NYSE: G) is a global professional services and business process management company that helps organizations improve operations through digital transformation, data and analytics, artificial intelligence, and industry-specific expertise. The company combines technology with operational services to support clients across core business functions.
Its offerings include finance and accounting, procurement, supply chain management, customer experience, risk and compliance, insurance operations, and banking and capital markets services.
Further Reading
- Five stocks we like better than Genpact
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
Want to see what other hedge funds are holding G? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genpact Limited (NYSE:G – Free Report).
Receive News & Ratings for Genpact Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genpact and related companies with MarketBeat.com's FREE daily email newsletter.
