Genpact Limited $G Shares Sold by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC reduced its stake in shares of Genpact Limited (NYSE:G) by 11.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,301 shares of the business services provider’s stock after selling 3,100 shares during the period. Strengthening Families & Communities LLC’s holdings in Genpact were worth $1,070,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in G. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Genpact during the first quarter worth $115,807,000. Clark Capital Management Group Inc. acquired a new stake in shares of Genpact during the first quarter worth $64,842,000. Ameriprise Financial Inc. lifted its stake in shares of Genpact by 109.8% during the first quarter. Ameriprise Financial Inc. now owns 1,615,220 shares of the business services provider’s stock worth $81,375,000 after buying an additional 845,393 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Genpact by 20.9% during the first 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 period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Genpact by 421.4% during the first 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 period. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on G. Wall Street Zen downgraded shares of Genpact from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. JPMorgan Chase & Co. decreased their target price on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday, August 20th. Weiss Ratings restated a “hold (c)” rating on shares of Genpact in a research report on Wednesday. Needham & Company LLC boosted their target price on shares of Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, 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 target price for the company. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Genpact currently has an average rating of “Hold” and a consensus price target of $52.29.

Genpact Stock Down 2.1%

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

Genpact (NYSE:G) last released its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned $0.79 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, research analysts expect that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Dividend Announcement

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

Insiders Place Their Bets

In other Genpact news, SVP Piyush Mehta sold 76,902 shares of Genpact stock in a transaction on Friday, September 12th. The shares were sold at an average price of $42.58, for a total value of $3,274,487.16. Following the completion of the transaction, the senior vice president owned 134,880 shares of the company’s stock, valued at approximately $5,743,190.40. The trade was a 36.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Balkrishan Kalra sold 55,000 shares of Genpact stock in a transaction on Thursday, September 11th. The shares were 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 of the company’s stock, valued at $12,801,866.56. The trade was a 15.70% decrease in their position. The disclosure for this sale can be found here. 3.07% of the stock is currently owned by insiders.

Genpact 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.