Inspire Investing LLC Acquires 23,213 Shares of Genpact Limited $G

Inspire Investing LLC boosted its holdings in Genpact Limited (NYSE:G) by 80.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 52,011 shares of the business services provider’s stock after purchasing an additional 23,213 shares during the quarter. Inspire Investing LLC’s holdings in Genpact were worth $2,289,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in Genpact by 2.5% in 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 acquiring an additional 240 shares during the period. Sylvest Advisors LLC grew its stake in Genpact by 1.5% in the second quarter. Sylvest Advisors LLC now owns 17,902 shares of the business services provider’s stock valued at $788,000 after acquiring an additional 258 shares during the period. Fifth Third Bancorp grew its stake in Genpact by 9.5% in the first quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 299 shares during the period. Louisiana State Employees Retirement System grew its stake in Genpact by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 45,300 shares of the business services provider’s stock valued at $1,994,000 after acquiring an additional 300 shares during the period. Finally, Petrus Trust Company LTA grew its stake in Genpact by 2.2% in the first quarter. Petrus Trust Company LTA now owns 14,390 shares of the business services provider’s stock valued at $725,000 after acquiring an additional 305 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.

Insider Activity

In related news, SVP Piyush Mehta sold 76,902 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the completion of the transaction, the senior vice president directly owned 134,880 shares in the company, valued at $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 available through this hyperlink. Also, CEO Balkrishan Kalra sold 55,000 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $43.36, for a total value of $2,384,800.00. Following the transaction, the chief executive officer owned 295,246 shares of the company’s stock, valued at approximately $12,801,866.56. The trade was a 15.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.07% of the stock is owned by insiders.

Genpact Stock Performance

NYSE:G opened at $39.35 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 1.53. Genpact Limited has a 52-week low of $37.82 and a 52-week high of $56.76. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 1.38 and a beta of 0.89. The business’s fifty day moving average is $42.97 and its 200 day moving average is $44.60.

Genpact (NYSE:G) last released its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the company posted $0.79 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Research analysts predict that Genpact Limited will post 3.21 EPS for the current year.

Genpact Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Tuesday, December 9th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, December 9th. Genpact’s payout ratio is presently 22.59%.

Analyst Ratings Changes

G has been the subject of a number of research reports. Needham & Company LLC raised their price objective on Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft started coverage on Genpact in a research report on Thursday, July 17th. They set a “hold” rating and a $47.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 20th. Mizuho lifted their target price on Genpact from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Tuesday, July 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Genpact in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $52.29.

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.