31,889 Shares in Gentex Corporation $GNTX Purchased by Norris Perne & French LLP MI

Posted by Brian Himes on Oct 25th, 2026

Norris Perne & French LLP MI purchased a new position in shares of Gentex Corporation (NASDAQ:GNTX – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 31,889 shares of the auto parts company’s stock, valued at approximately $693,000.

A number of other large investors also recently modified their holdings of the company. Signaturefd LLC raised its holdings in shares of Gentex by 51.1% in the 3rd quarter. Signaturefd LLC now owns 23,975 shares of the auto parts company’s stock valued at $521,000 after purchasing an additional 8,104 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of Gentex during the third quarter worth $219,000. Inspire Investing LLC grew its stake in shares of Gentex by 8.5% during the third quarter. Inspire Investing LLC now owns 29,061 shares of the auto parts company’s stock worth $632,000 after purchasing an additional 2,269 shares in the last quarter. Studio Investment Management LLC grew its stake in shares of Gentex by 20.8% during the third quarter. Studio Investment Management LLC now owns 18,371 shares of the auto parts company’s stock worth $399,000 after purchasing an additional 3,164 shares in the last quarter. Finally, Cardinal Capital Management increased its holdings in Gentex by 8.0% in the third quarter. Cardinal Capital Management now owns 86,807 shares of the auto parts company’s stock valued at $1,887,000 after buying an additional 6,432 shares during the last quarter. 86.76% of the stock is owned by hedge funds and other institutional investors.

Gentex News Summary

Here are the key news stories impacting Gentex this week:

Positive Sentiment: Premium Audio revenue rose approximately 27% year over year to $54.7 million, providing growth outside Gentex’s core automotive business. The company also repurchased 5.7 million shares for $132.6 million during the quarter. Gentex Reports Third Quarter 2026 Financial Results
Positive Sentiment: Gentex secured its first printed circuit board assembly contract, with production expected to begin in 2029, potentially creating a longer-term source of revenue diversification. Gentex Reports Third-Quarter Results
Neutral Sentiment: Management maintained its fiscal 2027 revenue outlook at approximately $2.8 billion to $2.9 billion, broadly in line with consensus, suggesting it views current weakness as manageable over the longer term.
Negative Sentiment: Third-quarter adjusted EPS was $0.47, below the approximately $0.50–$0.51 consensus estimate, while revenue of $647.7 million missed expectations near $669.7 million. GAAP net income fell to $90.6 million, or $0.43 per diluted share, from $101.0 million a year earlier. Gentex Q3 Earnings Miss
Negative Sentiment: Automotive sales dropped to $552.5 million from $573.7 million, and gross margin contracted to 33.4% from 34.4%. Management cited persistent weakness in China and rising costs as ongoing headwinds.
Negative Sentiment: Gentex reduced its 2026 revenue outlook to approximately $2.65 billion, increasing concerns about near-term demand and profitability despite the unchanged 2027 forecast.

Gentex Stock Down 5.0%

Shares of Gentex stock opened at $20.66 on Friday. The firm has a market capitalization of $4.40 billion, a P/E ratio of 11.11 and a beta of 0.86. Gentex Corporation has a 52 week low of $19.98 and a 52 week high of $26.48. The firm’s 50 day moving average is $22.26 and its two-hundred day moving average is $23.28.

Gentex (NASDAQ:GNTX – Get Free Report) last released its quarterly earnings data on Friday, October 23rd. The auto parts company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.03). The company had revenue of $647.71 million for the quarter, compared to analyst estimates of $669.69 million. Gentex had a return on equity of 16.78% and a net margin of 15.50%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 EPS. As a group, research analysts expect that Gentex Corporation will post 2.06 earnings per share for the current fiscal year.

Gentex Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Wednesday, October 7th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, October 7th. Gentex’s dividend payout ratio (DPR) is 25.81%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. The Goldman Sachs Group lowered Gentex from a “neutral” rating to a “sell” rating and dropped their target price for the company from $23.00 to $20.00 in a report on Tuesday, October 6th. Freedom Capital downgraded Gentex from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Wall Street Zen cut Gentex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. lowered their price objective on Gentex from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Finally, Weiss Ratings downgraded Gentex from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Gentex currently has an average rating of “Hold” and an average price target of $25.20.

Check Out Our Latest Stock Analysis on Gentex

About Gentex

(Free Report)

Gentex Corporation (NASDAQ:GNTX) is a technology manufacturer headquartered in Zeeland, Michigan. Founded in 1974, the company develops products primarily for the automotive industry, along with selected applications in the aerospace and fire-protection markets.

Gentex is best known for its automatic-dimming rearview and side-view mirrors, which use electrochromic technology to reduce glare. Its automotive product portfolio also includes camera-based driver-assistance systems, digital vision and sensing technologies, connected-car products, overhead console systems, and HomeLink universal garage-door and home-control systems.