Victory Capital Management Inc. Has $103.64 Million Stock Holdings in Synchrony Financial $SYF

Victory Capital Management Inc. decreased its holdings in shares of Synchrony Financial (NYSE:SYF) by 9.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,458,736 shares of the financial services provider’s stock after selling 147,669 shares during the period. Victory Capital Management Inc. owned about 0.41% of Synchrony Financial worth $103,643,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Westside Investment Management Inc. lifted its position in shares of Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after buying an additional 179 shares during the period. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Synchrony Financial during the second quarter worth $26,000. Salomon & Ludwin LLC lifted its holdings in shares of Synchrony Financial by 54.9% during the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 146 shares during the period. True Wealth Design LLC boosted its stake in shares of Synchrony Financial by 5,787.5% in the 2nd quarter. True Wealth Design LLC now owns 471 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 463 shares in the last quarter. Finally, Colonial Trust Co SC boosted its stake in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 136 shares in the last quarter. 96.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at $3,407,912.01. The trade was a 22.24% 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. In the last ninety days, insiders have sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is currently owned by company insiders.

Synchrony Financial Stock Up 0.9%

Shares of SYF opened at $69.25 on Thursday. The business’s fifty day moving average price is $76.76 and its two-hundred day moving average price is $75.93. The firm has a market capitalization of $24.07 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.61 and a beta of 1.42. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (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 analyst estimates of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior 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, analysts predict that Synchrony Financial will post 7.67 earnings per share for the current year.

Synchrony Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were given a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. Synchrony Financial’s dividend payout ratio is presently 12.92%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SYF shares. Wells Fargo & Company lifted their price target on shares of Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods lifted their target price on shares of Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target on the stock in a research report on Wednesday, January 28th. Barclays dropped their price target on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Finally, Wolfe Research initiated coverage on Synchrony Financial in a research note on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $87.11.

About Synchrony Financial

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.