Foyston Gordon & Payne Inc Acquires 8,887 Shares of Genpact Limited $G

Key Points

• Foyston Gordon & Payne Inc has increased its position in Genpact Limited by 8.4%, now holding 114,797 shares, valued at approximately $5.78 million.
• Genpact recently reported earnings of $0.88 per share for the quarter, exceeding estimates and showing a 6.6% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.17 per share, representing an annualized yield of 1.6%, with a payout ratio of 22.59%.

Foyston Gordon & Payne Inc raised its position in Genpact Limited (NYSE:G - Free Report) by 8.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,797 shares of the business services provider's stock after purchasing an additional 8,887 shares during the quarter. Genpact accounts for approximately 1.4% of Foyston Gordon & Payne Inc's holdings, making the stock its 26th largest holding. Foyston Gordon & Payne Inc owned 0.07% of Genpact worth $5,783,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC acquired a new stake in shares of Genpact in the 1st quarter valued at about $27,000. Coppell Advisory Solutions LLC raised its stake in shares of Genpact by 529.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock valued at $25,000 after purchasing an additional 503 shares during the period. Richardson Financial Services Inc. acquired a new stake in shares of Genpact in the 1st quarter valued at about $35,000. GeoWealth Management LLC raised its stake 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. acquired a new stake in shares of Genpact in the 1st quarter valued at about $57,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Genpact Trading Up 1.9%

G traded up $0.86 during trading on Friday, reaching $45.38. 671,373 shares of the stock traded hands, compared to its average volume of 1,619,273. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $7.91 billion, a PE ratio of 15.08, a P/E/G ratio of 1.51 and a beta of 0.92. The stock's 50-day moving average is $44.01 and its 200 day moving average is $46.89. Genpact Limited has a 12 month low of $37.82 and a 12 month high of $56.76.

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

Genpact Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th will be paid a $0.17 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. Genpact's dividend payout ratio (DPR) is currently 22.59%.

Wall Street Analysts Forecast Growth

G has been the topic of several recent research reports. Wall Street Zen raised Genpact from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 6th. Robert W. Baird lowered their target price on Genpact from $56.00 to $50.00 and set a "neutral" rating on the stock in a research report on Thursday, May 8th. Needham & Company LLC lifted their target price on Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. lowered 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. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Genpact has a consensus rating of "Hold" and a consensus price target 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.