Oak Thistle LLC Makes New Investment in Genpact Limited $G

Oak Thistle LLC acquired a new position in shares of Genpact Limited (NYSE:G) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,739 shares of the business services provider’s stock, valued at approximately $827,000.

Several other large investors also recently bought and sold shares of G. LSV Asset Management purchased a new stake in Genpact during the second quarter valued at $71,592,000. Clark Capital Management Group Inc. purchased a new stake in shares of Genpact during the 1st quarter valued at about $64,842,000. Norges Bank bought a new position in shares of Genpact in the 2nd quarter valued at about $52,819,000. Invesco Ltd. grew its position in Genpact by 334.9% in the second quarter. Invesco Ltd. now owns 1,403,292 shares of the business services provider’s stock worth $61,759,000 after acquiring an additional 1,080,602 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in Genpact by 60.2% during the second quarter. Nordea Investment Management AB now owns 2,617,255 shares of the business services provider’s stock worth $114,924,000 after acquiring an additional 983,774 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Genpact Stock Performance

G stock opened at $47.71 on Friday. Genpact Limited has a twelve month low of $37.49 and a twelve month high of $56.76. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 1.54 and a beta of 0.76. The business’s fifty day simple moving average is $42.84 and its two-hundred day simple moving average is $43.27. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.33.

Genpact (NYSE:G) last issued its earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.07. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.4%. Genpact’s dividend payout ratio (DPR) is 21.94%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Genpact in a research note on Wednesday, October 8th. Citigroup raised shares of Genpact to a “hold” rating in a research note on Thursday, October 23rd. Wall Street Zen cut shares of Genpact from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Susquehanna started coverage on shares of Genpact in a report on Friday, December 12th. They issued a “neutral” rating and a $50.00 target price for the company. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $51.00.

Insider Activity at Genpact

In other Genpact news, Director Tamara Franklin sold 2,750 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total transaction of $125,537.50. Following the transaction, the director directly owned 22,236 shares in the company, valued at $1,015,073.40. This trade represents a 11.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Sameer Dewan sold 26,531 shares of Genpact stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $44.70, for a total value of $1,185,935.70. Following the sale, the senior vice president directly owned 62,617 shares of the company’s stock, valued at approximately $2,798,979.90. This trade represents a 29.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.07% of the company’s stock.

Genpact Company 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.