Synchrony Financial (NYSE:SYF) Insider Curtis Howse Sells 52,556 Shares

Synchrony Financial (NYSE:SYF) insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the transaction, the insider directly owned 94,196 shares in the company, valued at approximately $6,812,254.72. The trade was a 35.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Synchrony Financial Stock Performance

NYSE:SYF opened at $75.25 on Thursday. The firm has a 50-day moving average of $80.85 and a two-hundred day moving average of $75.78. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market cap of $27.10 billion, a P/E ratio of 8.10, a PEG ratio of 0.51 and a beta of 1.43. Synchrony Financial has a 1-year low of $40.54 and a 1-year high of $88.77.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping the consensus estimate of $2.02 by $0.16. The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, research analysts expect that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.92%.

Synchrony Financial declared that its Board of Directors has approved a stock repurchase program on Wednesday, October 15th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 3.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SYF. Norges Bank acquired a new stake in Synchrony Financial in the second quarter worth about $299,360,000. Bank of America Corp DE raised its position in shares of Synchrony Financial by 34.6% during the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock worth $907,356,000 after buying an additional 3,494,741 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Synchrony Financial by 48.3% in the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock worth $309,001,000 after acquiring an additional 1,416,909 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Synchrony Financial by 149.4% in the third quarter. Voya Investment Management LLC now owns 1,803,690 shares of the financial services provider’s stock valued at $127,844,000 after acquiring an additional 1,080,389 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of Synchrony Financial during the fourth quarter valued at approximately $84,494,000. Institutional investors own 96.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Royal Bank Of Canada cut their price objective on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 28th. Keefe, Bruyette & Woods upped their price target on Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Barclays decreased their price objective on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Wells Fargo & Company increased their target price on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Finally, BTIG Research reduced their price target on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Synchrony Financial has a consensus rating of “Moderate Buy” and a consensus target price of $87.05.

Synchrony Financial Company Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.