Gentex Corporation $GNTX Shares Purchased by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas increased its stake in Gentex by 28.5%, owning 259,289 shares (about 0.12% of the company) worth roughly $6.03 million after buying an additional 57,495 shares in Q4.
• Top insiders sold shares: CEO Steven R. Downing sold 35,000 shares at $24.75 and CFO Kevin C. Nash sold 11,885 shares at $24.98 on Feb. 17, with insiders offloading 58,133 shares (~$1.44M) over the past 90 days, leaving insiders with about 0.55% ownership.
• Operational update: Gentex beat Q1 estimates with $0.48 EPS vs. $0.44 expected and $675.4M revenue (up 17.1% YoY), raised its full-year revenue outlook, and pays a $0.12 quarterly dividend (2.0% yield).

Teacher Retirement System of Texas boosted its holdings in Gentex Corporation (NASDAQ:GNTX - Free Report) by 28.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 259,289 shares of the auto parts company's stock after purchasing an additional 57,495 shares during the quarter. Teacher Retirement System of Texas owned about 0.12% of Gentex worth $6,034,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Gentex in the third quarter valued at approximately $38,000. Clearstead Advisors LLC boosted its holdings in Gentex by 82.3% in the third quarter. Clearstead Advisors LLC now owns 2,042 shares of the auto parts company's stock valued at $58,000 after purchasing an additional 922 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Gentex by 2,420.7% in the third quarter. CIBC Private Wealth Group LLC now owns 2,067 shares of the auto parts company's stock valued at $58,000 after purchasing an additional 1,985 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in Gentex in the third quarter valued at approximately $65,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Gentex in the fourth quarter valued at approximately $73,000. 86.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Gentex

In other news, CEO Steven R. Downing sold 35,000 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total transaction of $866,250.00. Following the completion of the sale, the chief executive officer owned 211,670 shares in the company, valued at $5,238,832.50. This represents a 14.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kevin C. Nash sold 11,885 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $24.98, for a total value of $296,887.30. Following the sale, the chief financial officer owned 59,430 shares of the company's stock, valued at $1,484,561.40. This trade represents a 16.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 58,133 shares of company stock worth $1,442,313 over the last 90 days. 0.55% of the stock is currently owned by insiders.

Gentex Stock Performance

GNTX stock opened at $23.88 on Monday. The company has a market capitalization of $5.10 billion, a P/E ratio of 13.42 and a beta of 0.77. Gentex Corporation has a twelve month low of $20.48 and a twelve month high of $29.38. The business has a 50 day simple moving average of $22.34 and a 200-day simple moving average of $23.31.

Gentex (NASDAQ:GNTX - Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The auto parts company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.04. Gentex had a return on equity of 16.27% and a net margin of 14.75%.The business had revenue of $675.44 million during the quarter, compared to the consensus estimate of $649.42 million. During the same period in the prior year, the company earned $0.42 earnings per share. The company's revenue was up 17.1% compared to the same quarter last year. Research analysts predict that Gentex Corporation will post 1.92 EPS for the current fiscal year.

Gentex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Wednesday, April 8th. Gentex's dividend payout ratio is 27.59%.

Gentex News Summary

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Q1 beat and strong top-line: Gentex reported $0.48 EPS vs. ~$0.44 consensus and revenue of $675.4M (vs. ~$649.4M est.), a 17% year-over-year sales increase. Management cited revenue contributions from the VOXX-related business and demand for advanced features, which helped overcome some tariff pressures. GNTX Beats on Q1 Earnings, Raises 2026 Revenue Outlook
• Positive Sentiment: Raised full-year sales outlook: Management updated its full-year revenue expectations (company commentary and analyst write-ups highlight an upward revision to 2026 sales guidance), supporting a more constructive near-term revenue outlook. What's Going On With Gentex Stock Friday?
• Neutral Sentiment: Earnings-call detail: The full Q1 2026 earnings call transcript is available for investors who want management commentary on margin dynamics, product mix, and supply-chain/tariff impacts—useful for assessing sustainability of growth. Gentex Corporation (GNTX) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key-metrics review: Analyst pieces compare Gentex’s margin, ROE and other metrics to estimates and prior-year results—helpful context but not a catalyst by itself. Compared to Estimates, Gentex (GNTX) Q1 Earnings: A Look at Key Metrics
• Neutral Sentiment: Guidance details: Company materials and filings show FY2026 revenue guidance in the roughly $2.7B–$2.8B range and FY2027 revenue near $2.8B–$2.9B, while reported EPS guidance details were not clearly published in the summaries—investors should check the full release for model assumptions. Company Press Release
• Neutral Sentiment: Market previews and analysis: Coverage ahead of earnings discussed Gentex’s diversification beyond mirrors and whether that will sustain growth—useful background but not an immediate price driver. Gentex earnings up next: Can mirror maker prove diversification pays?
• Negative Sentiment: Analyst action trims upside: JPMorgan lowered its price target from $28 to $27 and kept a neutral rating, which reduces near-term analyst-driven upside even after the beat. Analyst Price Target Update

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GNTX. Freedom Capital raised Gentex to a "strong-buy" rating in a report on Friday, March 27th. UBS Group set a $26.00 price objective on Gentex in a report on Sunday. Robert W. Baird set a $26.00 price objective on Gentex in a report on Wednesday, January 14th. Wall Street Zen raised Gentex from a "hold" rating to a "buy" rating in a report on Sunday, March 8th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Gentex in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Gentex currently has an average rating of "Hold" and a consensus price target of $26.50.

About Gentex

Gentex Corporation NASDAQ: GNTX is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company's primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world's leading original equipment manufacturers (OEMs).

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