Genpact Limited $G Shares Acquired by Alliancebernstein L.P.

Key Points

• Alliancebernstein L.P. increased its stake in Genpact Limited by 4.1%, acquiring an additional 118,689 shares, bringing its total ownership to approximately 3,045,542 shares valued at $153.43 million.
• Genpact's recent earnings report showed an EPS of $0.88, exceeding expectations and reflecting a year-over-year revenue increase of 6.6%.
• The company announced a quarterly dividend of $0.17 per share, with a 1.5% dividend yield, set to be paid on September 25th.

Alliancebernstein L.P. increased its position in shares of Genpact Limited (NYSE:G - Free Report) by 4.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,045,542 shares of the business services provider's stock after purchasing an additional 118,689 shares during the quarter. Alliancebernstein L.P. owned 1.73% of Genpact worth $153,434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of G. Cornerstone Planning Group LLC acquired a new stake in shares of Genpact during the first quarter worth about $27,000. Richardson Financial Services Inc. acquired a new stake in shares of Genpact during the first quarter worth about $35,000. SVB Wealth LLC acquired a new stake in shares of Genpact during the first quarter worth about $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Genpact during the first quarter worth about $57,000. Finally, Amundi acquired a new stake in shares of Genpact during the first quarter worth about $58,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. decreased their target price on Genpact from $55.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft started coverage on Genpact in a research report on Thursday, July 17th. They set a "hold" rating and a $47.00 price target for the company. Mizuho lifted their price target on Genpact from $48.00 to $51.00 and gave the company a "neutral" rating in a research report on Tuesday, July 1st. Needham & Company LLC lifted their price target on Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Wall Street Zen cut Genpact from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $52.29.

Genpact Price Performance

NYSE G traded down $0.87 during mid-day trading on Wednesday, hitting $42.83. The stock had a trading volume of 346,712 shares, compared to its average volume of 1,619,915. The firm's 50 day moving average is $44.60 and its 200 day moving average is $46.07. Genpact Limited has a twelve month low of $37.82 and a twelve month high of $56.76. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 1.52 and a beta of 0.92.

Genpact (NYSE:G - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the company earned $0.79 EPS. The firm's revenue 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. Equities research analysts forecast that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. Genpact's dividend payout ratio (DPR) is 22.59%.

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.