Access Investment Management LLC Increases Stock Position in Genpact Limited $G

Access Investment Management LLC increased its holdings in shares of Genpact Limited (NYSE:G) by 15.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 246,775 shares of the business services provider’s stock after acquiring an additional 32,660 shares during the period. Genpact makes up about 2.8% of Access Investment Management LLC’s portfolio, making the stock its 12th largest holding. Access Investment Management LLC’s holdings in Genpact were worth $10,337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in G. Hussman Strategic Advisors Inc. acquired a new position in Genpact during the second quarter worth about $3,697,000. Strs Ohio lifted its stake in Genpact by 51.4% in the 2nd quarter. Strs Ohio now owns 56,217 shares of the business services provider’s stock worth $2,474,000 after purchasing an additional 19,075 shares in the last quarter. Bell Asset Management Ltd lifted its stake in Genpact by 9.5% in the 2nd quarter. Bell Asset Management Ltd now owns 104,377 shares of the business services provider’s stock worth $4,594,000 after purchasing an additional 9,063 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Genpact by 149.5% during the 2nd quarter. Asset Management One Co. Ltd. now owns 33,618 shares of the business services provider’s stock worth $1,480,000 after purchasing an additional 20,146 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Genpact by 8.8% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,501,688 shares of the business services provider’s stock valued at $110,099,000 after purchasing an additional 203,015 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on G shares. Susquehanna assumed coverage on Genpact in a research report on Friday, December 12th. They set a “neutral” rating and a $50.00 price objective on the stock. Wall Street Zen raised Genpact from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Citigroup upgraded Genpact to a “hold” rating in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Genpact presently has an average rating of “Hold” and a consensus target price of $50.50.

Insider Buying and Selling at Genpact

In other news, SVP Riju Vashisht sold 16,016 shares of Genpact stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $747,146.40. Following the completion of the sale, the senior vice president directly owned 95,521 shares of the company’s stock, valued at approximately $4,456,054.65. The trade was a 14.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Sameer Dewan sold 15,088 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $703,855.20. Following the transaction, the senior vice president directly owned 37,749 shares in the company, valued at approximately $1,760,990.85. The trade was a 28.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 60,385 shares of company stock valued at $2,762,475 over the last quarter. 3.07% of the stock is owned by company insiders.

Genpact Stock Down 1.2%

Shares of G opened at $44.08 on Friday. The company’s 50-day moving average price is $46.35 and its 200 day moving average price is $43.93. Genpact Limited has a 12-month low of $37.49 and a 12-month high of $56.76. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.33. The firm has a market cap of $7.60 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.32 and a beta of 0.75.

Genpact (NYSE:G) last announced its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.07. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the business earned $0.85 earnings per share. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. On average, sell-side analysts forecast that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Company Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.