Northern Trust Corp Increases Stock Position in Genpact Limited $G

Key Points

• Northern Trust Corp increased its stake in Genpact Limited by 5.2%, holding approximately 1,467,849 shares valued at $73.95 million as of the latest SEC filing.
• Genpact reported earnings per share of $0.88, exceeding analysts' estimates, with quarterly revenue of $1.25 billion reflecting a year-over-year increase of 6.6%.
• The company announced a quarterly dividend of $0.17 per share, contributing to an annualized dividend yield of 1.5%, with the ex-dividend date set for September 11th.

Northern Trust Corp increased its position in shares of Genpact Limited (NYSE:G - Free Report) by 5.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,467,849 shares of the business services provider's stock after acquiring an additional 72,820 shares during the quarter. Northern Trust Corp owned about 0.84% of Genpact worth $73,950,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Stifel Financial Corp increased its stake in Genpact by 1.0% during the 4th quarter. Stifel Financial Corp now owns 30,821 shares of the business services provider's stock valued at $1,324,000 after purchasing an additional 291 shares in the last quarter. Fifth Third Bancorp increased its stake in Genpact by 9.5% during the 1st quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider's stock valued at $174,000 after purchasing an additional 299 shares in the last quarter. KBC Group NV increased its stake in Genpact by 4.7% during the 1st quarter. KBC Group NV now owns 7,266 shares of the business services provider's stock valued at $366,000 after purchasing an additional 324 shares in the last quarter. Callan Capital LLC increased its stake in Genpact by 2.9% during the 1st quarter. Callan Capital LLC now owns 12,312 shares of the business services provider's stock valued at $620,000 after purchasing an additional 351 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Genpact by 6.2% in the 4th quarter. ProShare Advisors LLC now owns 7,591 shares of the business services provider's stock valued at $326,000 after acquiring an additional 445 shares during the last quarter. Institutional investors own 96.03% of the company's stock.

Genpact Trading Down 0.9%

Genpact stock traded down $0.43 during midday trading on Thursday, hitting $44.98. 1,510,683 shares of the stock were exchanged, compared to its average volume of 2,134,289. Genpact Limited has a fifty-two week low of $37.82 and a fifty-two week high of $56.76. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 1.56 and a beta of 0.92. The stock's 50-day simple moving average is $44.25 and its 200 day simple moving average is $46.68. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.32.

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 (EPS) for the quarter, topping 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 firm had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.23 billion. During the same period last year, the business earned $0.79 earnings per share. Genpact's 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, equities analysts anticipate that Genpact Limited will post 3.21 EPS for the current year.

Genpact Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wall Street Zen raised shares of Genpact from a "buy" rating to a "strong-buy" rating in a report on Friday, June 6th. Needham & Company LLC increased their price objective on shares of Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a report on Friday, August 8th. JPMorgan Chase & Co. reduced their target price 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. Mizuho increased their target price on shares of Genpact from $48.00 to $51.00 and gave the company a "neutral" rating in a research report on Tuesday, July 1st. Finally, Robert W. Baird reduced their target price on shares of Genpact from $56.00 to $50.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price 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.