Vanguard Group Inc. Sells 1,487,951 Shares of Synchrony Financial $SYF

Vanguard Group Inc. reduced its stake in shares of Synchrony Financial (NYSE:SYF) by 3.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 47,000,998 shares of the financial services provider’s stock after selling 1,487,951 shares during the quarter. Vanguard Group Inc. owned about 0.13% of Synchrony Financial worth $3,339,421,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Westside Investment Management Inc. raised its stake in shares of Synchrony Financial by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 179 shares in the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Synchrony Financial during the second quarter valued at approximately $26,000. Salomon & Ludwin LLC raised its position in shares of Synchrony Financial by 54.9% in the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 146 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Synchrony Financial by 337.0% in the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after buying an additional 455 shares during the last quarter. Finally, True Wealth Design LLC boosted its holdings in shares of Synchrony Financial by 5,787.5% during the 2nd quarter. True Wealth Design LLC now owns 471 shares of the financial services provider’s stock worth $31,000 after buying an additional 463 shares during the period. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Activity

In other news, Director Arthur W. Coviello, Jr. sold 4,000 shares of Synchrony Financial stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $289,280.00. Following the completion of the sale, the director owned 32,444 shares in the company, valued at $2,346,350.08. The trade was a 10.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.32% of the stock is currently owned by company insiders.

Synchrony Financial Trading Up 0.7%

SYF stock opened at $72.85 on Thursday. Synchrony Financial has a fifty-two week low of $40.54 and a fifty-two week high of $88.77. The stock has a market capitalization of $25.32 billion, a price-to-earnings ratio of 7.84, a P/E/G ratio of 0.50 and a beta of 1.43. 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 business has a fifty day moving average price of $79.49 and a 200 day moving average price of $75.92.

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, beating 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 net margin of 15.72% and a return on equity of 23.07%. Synchrony Financial’s revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts expect that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were paid 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 was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

Wall Street Analysts Forecast Growth

SYF has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Royal Bank Of Canada dropped 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. Barclays decreased their target price on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. BTIG Research lowered their target price on Synchrony Financial from $100.00 to $96.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Finally, Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target for the company in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.11.

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.