Twin Capital Management Inc. Reduces Position in Synchrony Financial $SYF

Twin Capital Management Inc. trimmed its holdings in Synchrony Financial (NYSE:SYF) by 47.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,236 shares of the financial services provider’s stock after selling 18,846 shares during the quarter. Twin Capital Management Inc.’s holdings in Synchrony Financial were worth $1,509,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Synchrony Financial during the second quarter valued at $299,360,000. Bank of America Corp DE boosted its position in Synchrony Financial by 34.6% in the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after buying an additional 3,494,741 shares during the period. Voya Investment Management LLC grew its stake in Synchrony Financial by 149.4% in the 3rd quarter. Voya Investment Management LLC now owns 1,803,690 shares of the financial services provider’s stock worth $127,844,000 after acquiring an additional 1,080,389 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Synchrony Financial during the second quarter worth approximately $64,429,000. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Synchrony Financial by 34.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,941,247 shares of the financial services provider’s stock valued at $196,299,000 after acquiring an additional 761,263 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analyst Ratings Changes

SYF has been the topic of several research reports. TD Cowen raised their price objective on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Truist Financial cut their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Robert W. Baird lowered shares of Synchrony Financial from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. cut their target price on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada lowered their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.05.

Synchrony Financial Price Performance

Shares of SYF opened at $75.19 on Friday. 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 company’s fifty day moving average price is $80.75 and its 200-day moving average price is $75.84. Synchrony Financial has a 1-year low of $40.54 and a 1-year high of $88.77. The firm has a market capitalization of $27.08 billion, a PE ratio of 8.09, a price-to-earnings-growth ratio of 0.52 and a beta of 1.43.

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

Synchrony Financial Dividend Announcement

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

Synchrony Financial announced that its Board of Directors has initiated a share buyback program on Wednesday, October 15th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to repurchase 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.

Insider Buying and Selling

In other Synchrony Financial news, Director Arthur W. Coviello, Jr. sold 4,000 shares of Synchrony Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $289,280.00. Following the completion of the transaction, the director owned 32,444 shares in the company, valued at approximately $2,346,350.08. This trade represents a 10.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jonathan S. Mothner sold 32,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $72.80, for a total value of $2,329,600.00. Following the completion of the sale, the insider owned 127,100 shares in the company, valued at $9,252,880. The trade was a 20.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,556 shares of company stock valued at $6,419,730 over the last 90 days. Insiders own 0.32% of the company’s stock.

Synchrony Financial 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.