Polianta Ltd Invests $1.43 Million in Synchrony Financial $SYF

Polianta Ltd acquired a new position in shares of Synchrony Financial (NYSE:SYF) in the first quarter, Holdings Channel reports. The firm acquired 21,000 shares of the financial services provider’s stock, valued at approximately $1,428,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Strategic Investment Advisors MI raised its stake in shares of Synchrony Financial by 43.2% during the 3rd quarter. Strategic Investment Advisors MI now owns 68,841 shares of the financial services provider’s stock worth $4,890,000 after acquiring an additional 20,778 shares in the last quarter. Bank of America Corp DE lifted its position in Synchrony Financial by 5.4% during the third quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock valued at $1,018,517,000 after acquiring an additional 739,832 shares during the last quarter. Tredje AP fonden boosted its stake in Synchrony Financial by 71.5% in the third quarter. Tredje AP fonden now owns 54,811 shares of the financial services provider’s stock valued at $3,894,000 after acquiring an additional 22,856 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in Synchrony Financial in the third quarter worth $2,108,000. Finally, Vinva Investment Management Ltd grew its holdings in Synchrony Financial by 27.2% in the third quarter. Vinva Investment Management Ltd now owns 397,508 shares of the financial services provider’s stock worth $29,145,000 after purchasing an additional 85,066 shares during the last quarter. Institutional investors own 96.48% of the company’s stock.

Insider Buying and Selling

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the sale, the insider owned 132,664 shares in the company, valued at approximately $9,449,656.72. This represents a 27.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SYF. Loop Capital assumed coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. Truist Financial boosted their price target on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. cut their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Robert W. Baird increased their price objective on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Finally, BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.05.

Synchrony Financial Trading Up 0.1%

Shares of Synchrony Financial stock opened at $75.34 on Friday. The stock has a market cap of $25.34 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 0.66 and a beta of 1.33. The firm has a fifty day moving average price of $73.34 and a 200 day moving average price of $74.55. Synchrony Financial has a 1 year low of $61.48 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24.

Synchrony Financial (NYSE:SYF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.13. The firm had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The company’s revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts predict that Synchrony Financial will post 9.29 earnings per share for the current year.

Synchrony Financial declared that its board has initiated a stock repurchase plan on Tuesday, April 21st that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Synchrony Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. Synchrony Financial’s payout ratio is presently 12.41%.

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.