Fuller & Thaler Asset Management Inc. Has $92.67 Million Stock Holdings in Genpact Limited $G

Key Points

• Fuller & Thaler Asset Management Inc. reduced its stake in Genpact Limited by 1.2%, now holding approximately 1.05% of the company valued at $92.67 million.
• Genpact reported a net margin of 10.92% and beat earnings expectations with an EPS of $0.88, above the consensus estimate of $0.85, for its latest quarter.
• The company announced a quarterly dividend of $0.17, payable on September 25, representing an annualized dividend yield of 1.6%.

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Genpact Limited (NYSE:G - Free Report) by 1.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,839,358 shares of the business services provider's stock after selling 23,165 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 1.05% of Genpact worth $92,667,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Coppell Advisory Solutions LLC lifted its position in Genpact by 529.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock worth $25,000 after buying an additional 503 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in Genpact during the 1st quarter worth about $27,000. Richardson Financial Services Inc. bought a new stake in shares of Genpact in the 1st quarter valued at about $35,000. GeoWealth Management LLC raised its holdings in shares of Genpact by 199.0% in the 4th quarter. GeoWealth Management LLC now owns 876 shares of the business services provider's stock valued at $38,000 after purchasing an additional 583 shares during the period. Finally, Global X Japan Co. Ltd. bought a new stake in shares of Genpact in the 1st quarter valued at about $57,000. 96.03% of the stock is owned by institutional investors.

Genpact Trading Up 1.8%

NYSE G traded up $0.8060 during mid-day trading on Friday, reaching $45.3260. 1,741,591 shares of the stock were exchanged, compared to its average volume of 1,626,321. Genpact Limited has a one year low of $37.82 and a one year high of $56.76. The stock has a 50 day simple moving average of $44.01 and a 200-day simple moving average of $46.89. The stock has a market cap of $7.90 billion, a P/E ratio of 15.06, a P/E/G ratio of 1.51 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.53 and a quick ratio of 1.53.

Genpact (NYSE:G - Get Free Report) last announced its earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.03. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm earned $0.79 earnings per share. Genpact's quarterly revenue was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, analysts anticipate that Genpact Limited will post 3.21 EPS for the current year.

Genpact Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, September 11th. Genpact's dividend payout ratio (DPR) is presently 22.59%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on G shares. Needham & Company LLC upped their target price on shares of Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a report on Friday, August 8th. Mizuho upped their target price on shares of Genpact from $48.00 to $51.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. Robert W. Baird dropped their target price on shares of Genpact from $56.00 to $50.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Genpact in a report on Thursday, July 17th. They issued a "hold" rating and a $47.00 target price on the stock. Finally, JPMorgan Chase & Co. dropped their target price on shares of Genpact from $55.00 to $50.00 and set a "neutral" rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $52.29.

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.