Corient Private Wealth LLC Boosts Stake in Synchrony Financial $SYF

Corient Private Wealth LLC lifted its position in Synchrony Financial (NYSE:SYF) by 19.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 81,840 shares of the financial services provider’s stock after buying an additional 13,504 shares during the quarter. Corient Private Wealth LLC’s holdings in Synchrony Financial were worth $6,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SYF. Tulsa Wealth Advisors INC acquired a new stake in shares of Synchrony Financial during the fourth quarter worth about $260,000. Reflection Asset Management purchased a new stake in Synchrony Financial during the 4th quarter worth about $31,000. Groupama Asset Managment purchased a new stake in Synchrony Financial during the 4th quarter worth about $207,000. DGS Capital Management LLC raised its position in Synchrony Financial by 17.5% in the 4th quarter. DGS Capital Management LLC now owns 19,271 shares of the financial services provider’s stock valued at $1,608,000 after purchasing an additional 2,865 shares in the last quarter. Finally, Kera Capital Partners Inc. raised its holdings in Synchrony Financial by 56.9% in the fourth quarter. Kera Capital Partners Inc. now owns 9,427 shares of the financial services provider’s stock valued at $786,000 after acquiring an additional 3,418 shares in the last quarter. 96.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Jonathan S. Mothner sold 51,258 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the sale, the insider owned 132,664 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.36% of the company’s stock.

Synchrony Financial Stock Up 2.9%

SYF stock opened at $78.50 on Friday. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77. The firm has a market capitalization of $26.41 billion, a PE ratio of 8.12, a P/E/G ratio of 0.67 and a beta of 1.33. The company’s 50 day simple moving average is $73.56 and its 200-day simple moving average is $74.43. 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 posted its quarterly earnings data 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. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter last year, the business posted $1.89 EPS. The firm’s quarterly revenue was down 7.4% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts expect that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial announced that its board has authorized a share repurchase program on Tuesday, April 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a $0.30 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.41%.

Analyst Upgrades and Downgrades

SYF has been the subject of several analyst reports. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Barclays boosted their target price on Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Robert W. Baird increased their price target on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company decreased their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.05.

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.