Legal & General Group Plc Sells 83,981 Shares of Gentex Corporation $GNTX

Posted by Brian Himes on Jun 5th, 2026

Legal & General Group Plc lessened its holdings in Gentex Corporation (NASDAQ:GNTX – Free Report) by 18.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 364,647 shares of the auto parts company’s stock after selling 83,981 shares during the quarter. Legal & General Group Plc’s holdings in Gentex were worth $8,485,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of GNTX. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Gentex during the 3rd quarter worth $38,000. Clearstead Advisors LLC boosted its stake in Gentex by 82.3% in the third quarter. Clearstead Advisors LLC now owns 2,042 shares of the auto parts company’s stock valued at $58,000 after buying an additional 922 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in Gentex by 2,420.7% in the third quarter. CIBC Private Wealth Group LLC now owns 2,067 shares of the auto parts company’s stock valued at $58,000 after acquiring an additional 1,985 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Gentex in the fourth quarter valued at about $73,000. Finally, EverSource Wealth Advisors LLC raised its stake in Gentex by 2,038.4% during the second quarter. EverSource Wealth Advisors LLC now owns 4,512 shares of the auto parts company’s stock worth $99,000 after acquiring an additional 4,301 shares in the last quarter. Institutional investors own 86.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on GNTX. Weiss Ratings reissued a “hold (c-)” rating on shares of Gentex in a report on Tuesday. B. Riley Financial reiterated a “buy” rating and set a $29.00 price objective (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. JPMorgan Chase & Co. increased their price objective on shares of Gentex from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Freedom Capital upgraded shares of Gentex to a “strong-buy” rating in a research report on Friday, March 27th. Finally, UBS Group set a $26.00 target price on shares of Gentex in a research note on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $26.83.

Read Our Latest Report on Gentex

Gentex Stock Up 0.2%

NASDAQ GNTX opened at $25.05 on Friday. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 14.07 and a beta of 0.79. Gentex Corporation has a twelve month low of $20.48 and a twelve month high of $29.38. The stock has a fifty day simple moving average of $22.89 and a 200 day simple moving average of $23.13.

Gentex (NASDAQ:GNTX – Get Free Report) last released its quarterly earnings results on Friday, April 24th. The auto parts company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The firm had revenue of $675.44 million for the quarter, compared to analyst estimates of $649.42 million. Gentex had a return on equity of 16.27% and a net margin of 14.75%.The business’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 EPS. Research analysts expect that Gentex Corporation will post 1.96 earnings per share for the current fiscal year.

Gentex Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.48 annualized dividend and a yield of 1.9%. Gentex’s dividend payout ratio is presently 26.97%.

Insider Buying and Selling at Gentex

In other news, Director Brian C. Walker sold 5,939 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $22.98, for a total value of $136,478.22. Following the transaction, the director owned 24,205 shares in the company, valued at approximately $556,230.90. The trade was a 19.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard O. Schaum sold 4,815 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $23.31, for a total transaction of $112,237.65. Following the completion of the sale, the director directly owned 81,443 shares in the company, valued at approximately $1,898,436.33. This represents a 5.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 16,693 shares of company stock valued at $385,194. 0.55% of the stock is currently owned by company insiders.

Gentex Company Profile

(Free Report)

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).