Genpact Limited $G Shares Purchased by Invesco Ltd.

Key Points

• Invesco Ltd. increased its stake in Genpact Limited by 15.6%, acquiring an additional 43,493 shares during the first quarter, bringing its total ownership to 322,690 shares valued at approximately $16.26 million.
• Analysts have mixed ratings for Genpact, with a consensus price target of $52.29; three analysts rated it as a Buy while four rated it as Hold.
• Genpact announced a quarterly dividend of $0.17 per share, translating to an annual yield of 1.5%, set to be paid on September 25th to shareholders of record on September 11th.

Invesco Ltd. raised its position in Genpact Limited (NYSE:G - Free Report) by 15.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 322,690 shares of the business services provider's stock after buying an additional 43,493 shares during the period. Invesco Ltd. owned about 0.18% of Genpact worth $16,257,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of G. Coppell Advisory Solutions LLC grew its position in shares of Genpact by 529.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock valued at $25,000 after acquiring an additional 503 shares during the period. Cornerstone Planning Group LLC acquired a new stake in shares of Genpact during the 1st quarter valued at about $27,000. Richardson Financial Services Inc. acquired a new stake in shares of Genpact during the 1st quarter valued at about $35,000. GeoWealth Management LLC grew its position in shares of Genpact by 199.0% during the 4th quarter. GeoWealth Management LLC now owns 876 shares of the business services provider's stock valued at $38,000 after acquiring an additional 583 shares during the period. Finally, Global X Japan Co. Ltd. acquired a new stake in shares of Genpact during the 1st quarter valued at about $57,000. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Trading Down 1.2%

Shares of Genpact stock traded down $0.53 during mid-day trading on Thursday, hitting $44.88. The stock had a trading volume of 179,007 shares, compared to its average volume of 1,619,038. The firm has a 50-day moving average of $44.19 and a two-hundred day moving average of $46.74. Genpact Limited has a 12-month low of $37.82 and a 12-month high of $56.76. 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 firm has a market cap of $7.82 billion, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 1.55 and a beta of 0.92.

Genpact (NYSE:G - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $1.23 billion. During the same quarter in the prior year, the company posted $0.79 EPS. The business's revenue for the quarter 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. Sell-side analysts forecast that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Dividend Announcement

The company also recently declared 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 of this dividend is Thursday, September 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. Genpact's dividend payout ratio is 22.59%.

Analyst Ratings Changes

G has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped 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, August 20th. Robert W. Baird decreased their price target on shares of Genpact from $56.00 to $50.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Wall Street Zen raised shares of Genpact from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 6th. Mizuho raised their price target on shares of Genpact from $48.00 to $51.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Finally, Needham & Company LLC raised their price target on shares of Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Genpact presently has a consensus rating of "Hold" and an average target price of $52.29.

About Genpact

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.