Victory Capital Management Inc. Sells 4,599,704 Shares of Genpact Limited $G

Victory Capital Management Inc. trimmed its holdings in Genpact Limited (NYSE:G) by 46.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,323,687 shares of the business services provider’s stock after selling 4,599,704 shares during the period. Victory Capital Management Inc. owned about 3.09% of Genpact worth $223,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Hussman Strategic Advisors Inc. acquired a new stake in shares of Genpact in the 2nd quarter worth about $3,697,000. Strs Ohio increased its holdings in Genpact by 51.4% during the 2nd quarter. Strs Ohio now owns 56,217 shares of the business services provider’s stock worth $2,474,000 after purchasing an additional 19,075 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Genpact by 36.3% in the third quarter. Principal Financial Group Inc. now owns 497,105 shares of the business services provider’s stock worth $20,824,000 after purchasing an additional 132,310 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Genpact by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock valued at $157,609,000 after purchasing an additional 549,117 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Genpact by 64.3% during the third quarter. Envestnet Asset Management Inc. now owns 533,566 shares of the business services provider’s stock valued at $22,351,000 after buying an additional 208,762 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Stock Performance

NYSE:G opened at $40.35 on Wednesday. The stock has a market cap of $6.85 billion, a P/E ratio of 12.89, a PEG ratio of 1.18 and a beta of 0.75. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average price is $43.11 and its two-hundred day moving average price is $43.10. Genpact Limited has a twelve month low of $34.79 and a twelve month high of $52.83.

Genpact (NYSE:G) last posted its quarterly earnings data on Thursday, February 5th. The business services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the business earned $0.91 earnings per share. Genpact’s revenue for the quarter was up 5.6% compared to the same quarter last year. Genpact has set its FY 2026 guidance at 4.010-4.010 EPS and its Q1 2026 guidance at 0.920-0.930 EPS. As a group, equities analysts predict that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Genpact’s previous quarterly dividend of $0.17. Genpact’s payout ratio is presently 21.73%.

Insider Buying and Selling at Genpact

In related news, SVP Riju Vashisht sold 16,016 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $747,146.40. Following the transaction, the senior vice president owned 95,521 shares of the company’s stock, valued at $4,456,054.65. This represents a 14.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Sameer Dewan sold 15,088 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $703,855.20. Following the sale, the senior vice president owned 37,749 shares in the company, valued at $1,760,990.85. The trade was a 28.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Susquehanna set a $42.00 price target on Genpact in a research report on Friday, February 6th. Wall Street Zen raised Genpact from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Citigroup upgraded shares of Genpact from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a research note on Friday, December 26th. Finally, Mizuho dropped their price target on Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Genpact currently has an average rating of “Hold” and an average target price of $47.29.

Genpact Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.