Gentex Corporation $GNTX Stock: Leeward Investments LLC MA Lowers Position

Leeward Investments LLC MA decreased its position in shares of Gentex Corporation (NASDAQ:GNTX) by 4.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 590,752 shares of the auto parts company’s stock after selling 25,696 shares during the period. Leeward Investments LLC MA owned approximately 0.28% of Gentex worth $12,843,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. XXEC Inc. bought a new position in shares of Gentex during the 2nd quarter valued at about $7,705,220,000. BlackRock Inc. bought a new stake in Gentex in the 2nd quarter worth approximately $550,287,000. Dimensional Fund Advisors LP lifted its position in Gentex by 12.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,463,299 shares of the auto parts company’s stock worth $163,067,000 after buying an additional 833,919 shares during the last quarter. Caisse de depot et placement du Quebec bought a new stake in Gentex in the 2nd quarter worth approximately $79,924,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Gentex by 21.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,995,044 shares of the auto parts company’s stock worth $65,442,000 after buying an additional 534,905 shares in the last quarter. Institutional investors own 86.76% of the company’s stock.

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 Stock Performance

NASDAQ GNTX opened at $20.66 on Monday. The firm has a market cap of $4.40 billion, a PE ratio of 11.11 and a beta of 0.86. Gentex Corporation has a 1-year low of $19.98 and a 1-year high of $26.48. The stock has a 50-day moving average of $22.26 and a 200-day moving average of $23.30.

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

Gentex Dividend Announcement

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

Analyst Ratings Changes

GNTX has been the topic of a number of recent research reports. Freedom Capital cut shares of Gentex from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group downgraded shares of Gentex from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $23.00 to $20.00 in a research note on Tuesday, October 6th. JPMorgan Chase & Co. lowered their price objective on shares of Gentex from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Monday, August 10th. Wall Street Zen cut shares of Gentex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, UBS Group decreased their target price on shares of Gentex from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.20.

Gentex 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.