Genpact Limited $G is Hahn Capital Management LLC's 5th Largest Position

Key Points

• Hahn Capital Management LLC has reduced its stake in Genpact Limited by 9.0%, holding 217,146 shares valued at approximately $10.94 million.
• Genpact reported a quarterly EPS of $0.88, surpassing analysts' estimates of $0.85, along with revenue growth of 6.6% year-over-year.
• The company has announced a $0.17 quarterly dividend with an annual yield of 1.6%, reflecting a payout ratio of 22.59%.

Hahn Capital Management LLC decreased its stake in Genpact Limited (NYSE:G - Free Report) by 9.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 217,146 shares of the business services provider's stock after selling 21,431 shares during the period. Genpact comprises about 5.3% of Hahn Capital Management LLC's holdings, making the stock its 5th largest holding. Hahn Capital Management LLC owned about 0.12% of Genpact worth $10,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in G. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Genpact during the first quarter worth $115,807,000. Clark Capital Management Group Inc. bought a new stake in Genpact during the 1st quarter worth approximately $64,842,000. Millennium Management LLC grew its holdings in Genpact by 829.4% during the 4th quarter. Millennium Management LLC now owns 1,057,389 shares of the business services provider's stock worth $45,415,000 after acquiring an additional 943,622 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Genpact by 109.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,615,220 shares of the business services provider's stock worth $81,375,000 after acquiring an additional 845,393 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Genpact by 20.9% during the 1st quarter. JPMorgan Chase & Co. now owns 4,111,340 shares of the business services provider's stock worth $207,129,000 after acquiring an additional 710,704 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on G. Wall Street Zen lowered shares of Genpact from a "buy" rating to a "hold" rating in a report on Friday, September 5th. Mizuho increased their price objective on shares of Genpact from $48.00 to $51.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. Needham & Company LLC increased their price objective on shares of Genpact from $50.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. decreased their price objective on shares of Genpact from $55.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, August 20th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Genpact in a research note on Thursday, July 17th. They set a "hold" rating and a $47.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Genpact currently has an average rating of "Hold" and an average price target of $52.29.

Genpact Stock Up 0.3%

Shares of Genpact stock traded up $0.11 during trading hours on Wednesday, reaching $41.44. The company's stock had a trading volume of 477,399 shares, compared to its average volume of 1,625,154. Genpact Limited has a one year low of $37.82 and a one year high of $56.76. The company has a market capitalization of $7.22 billion, a P/E ratio of 13.77, a P/E/G ratio of 1.45 and a beta of 0.92. The stock's fifty day simple moving average is $44.27 and its two-hundred day simple moving average is $45.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 1.53.

Genpact (NYSE:G - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating 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 firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the firm earned $0.79 earnings per share. The business's quarterly 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. On average, research analysts forecast that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Announces Dividend

The firm also recently disclosed 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. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, September 11th. Genpact's dividend payout ratio (DPR) is 22.59%.

Insiders Place Their Bets

In other news, CEO Balkrishan Kalra sold 55,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $43.36, for a total value of $2,384,800.00. Following the completion of the sale, the chief executive officer owned 295,246 shares in the company, valued at $12,801,866.56. This represents a 15.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Piyush Mehta sold 76,902 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the completion of the sale, the senior vice president owned 134,880 shares of the company's stock, valued at approximately $5,743,190.40. This represents a 36.31% decrease in their position. The disclosure for this sale can be found here. 2.80% of the stock is currently owned by company insiders.

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.