Genpact Limited $G Holdings Boosted by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its position in shares of Genpact Limited (NYSE:GFree Report) by 149.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,704 shares of the business services provider’s stock after purchasing an additional 89,656 shares during the quarter. Teacher Retirement System of Texas’ holdings in Genpact were worth $6,271,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC raised its position in Genpact by 2.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider’s stock valued at $454,000 after buying an additional 240 shares during the period. Global X Japan Co. Ltd. grew its stake in Genpact by 33.0% during the 3rd quarter. Global X Japan Co. Ltd. now owns 1,190 shares of the business services provider’s stock valued at $50,000 after acquiring an additional 295 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Genpact by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 45,300 shares of the business services provider’s stock valued at $1,994,000 after purchasing an additional 300 shares during the period. Main Management ETF Advisors LLC lifted its position in shares of Genpact by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 20,524 shares of the business services provider’s stock worth $903,000 after purchasing an additional 336 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Genpact by 2.0% during the third quarter. Signaturefd LLC now owns 18,004 shares of the business services provider’s stock worth $754,000 after purchasing an additional 348 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.

Wall Street Analysts Forecast Growth

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

View Our Latest Report on G

Genpact Stock Down 0.5%

G stock opened at $45.56 on Tuesday. The firm has a market cap of $7.86 billion, a PE ratio of 14.70, a PEG ratio of 1.36 and a beta of 0.75. Genpact Limited has a 1 year low of $37.49 and a 1 year high of $56.76. The company has a fifty day simple moving average of $46.29 and a 200 day simple moving average of $43.92. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.33.

Genpact (NYSE:GGet Free Report) last posted its earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.07. Genpact had a return on equity of 22.55% and a net margin of 11.01%.The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the company earned $0.85 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. Sell-side analysts anticipate that Genpact Limited will post 3.21 EPS for the current fiscal year.

Insider Activity at Genpact

In related news, Director Tamara Franklin sold 2,750 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total value of $125,537.50. Following the completion of the sale, the director directly owned 22,236 shares in the company, valued at approximately $1,015,073.40. The trade was a 11.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Riju Vashisht sold 16,016 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $747,146.40. Following the transaction, the senior vice president owned 95,521 shares in the company, valued at approximately $4,456,054.65. This trade represents a 14.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 60,385 shares of company stock valued at $2,762,475. Corporate insiders own 2.80% of the company’s stock.

Genpact Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Genpact (NYSE:G)

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