Gentex Co. (NASDAQ:GNTX – Free Report) – Equities researchers at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Gentex in a note issued to investors on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the auto parts company will earn $2.29 per share for the year, down from their previous estimate of $2.30. The consensus estimate for Gentex’s current full-year earnings is $1.86 per share.
Several other research firms also recently issued reports on GNTX. Guggenheim reduced their price target on shares of Gentex from $35.00 to $34.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. UBS Group started coverage on shares of Gentex in a research report on Wednesday, September 4th. They set a “neutral” rating and a $34.00 target price for the company. The Goldman Sachs Group dropped their price target on shares of Gentex from $33.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Robert W. Baird boosted their price objective on Gentex from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Finally, Bank of America dropped their target price on Gentex from $39.00 to $35.00 and set a “neutral” rating on the stock in a report on Monday, October 14th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Gentex presently has a consensus rating of “Hold” and a consensus target price of $35.13.
Gentex Stock Down 0.6 %
NASDAQ GNTX opened at $29.13 on Thursday. Gentex has a 52 week low of $28.30 and a 52 week high of $37.58. The business has a 50 day moving average price of $30.19 and a 200-day moving average price of $31.09. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 1.09 and a beta of 0.91.
Gentex Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Wednesday, January 8th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Wednesday, January 8th. Gentex’s payout ratio is 25.67%.
Institutional Trading of Gentex
A number of hedge funds have recently bought and sold shares of GNTX. Dimensional Fund Advisors LP increased its position in shares of Gentex by 14.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,989,248 shares of the auto parts company’s stock valued at $134,475,000 after purchasing an additional 489,689 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Gentex by 344.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 589,916 shares of the auto parts company’s stock worth $19,886,000 after buying an additional 457,054 shares during the last quarter. Bridgewater Associates LP raised its position in Gentex by 249.1% in the third quarter. Bridgewater Associates LP now owns 617,657 shares of the auto parts company’s stock worth $18,338,000 after acquiring an additional 440,725 shares during the period. Citigroup Inc. boosted its stake in Gentex by 327.8% in the third quarter. Citigroup Inc. now owns 483,842 shares of the auto parts company’s stock valued at $14,365,000 after acquiring an additional 370,746 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Gentex by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 5,368,004 shares of the auto parts company’s stock valued at $159,406,000 after acquiring an additional 285,802 shares during the period. 86.76% of the stock is currently owned by institutional investors.
About Gentex
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers.
See Also
- Five stocks we like better than Gentex
- What Are the FAANG Stocks and Are They Good Investments?
- Micron Stock Under $100: Seize the AI-Driven Upside
- When to Sell a Stock for Profit or Loss
- AI’s Next Big Winners: 3 Small-Cap Stocks to Watch in 2025
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.