Sei Investments Co. Purchases 14,419 Shares of OneMain Holdings, Inc. $OMF

Sei Investments Co. boosted its position in shares of OneMain Holdings, Inc. (NYSE:OMF) by 6.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,014 shares of the financial services provider’s stock after acquiring an additional 14,419 shares during the period. Sei Investments Co. owned 0.20% of OneMain worth $12,464,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. State of Wyoming grew its position in shares of OneMain by 32.4% in the first quarter. State of Wyoming now owns 10,008 shares of the financial services provider’s stock valued at $535,000 after purchasing an additional 2,451 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of OneMain by 3.2% during the 1st quarter. Cetera Investment Advisers now owns 73,638 shares of the financial services provider’s stock worth $3,939,000 after purchasing an additional 2,301 shares during the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of OneMain during the 1st quarter worth about $216,000. Dimensional Fund Advisors LP boosted its stake in OneMain by 7.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,342,241 shares of the financial services provider’s stock valued at $232,258,000 after purchasing an additional 308,370 shares during the period. Finally, Aviance Capital Partners LLC boosted its stake in OneMain by 0.9% during the 1st quarter. Aviance Capital Partners LLC now owns 33,293 shares of the financial services provider’s stock valued at $1,781,000 after purchasing an additional 287 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Barclays lowered their target price on OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. JPMorgan Chase & Co. reduced their price objective on OneMain from $63.00 to $55.00 and set an “underweight” rating for the company in a research report on Thursday, April 9th. Wells Fargo & Company reduced their price objective on OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. TD Cowen raised their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of OneMain in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.40.

OneMain Stock Performance

NYSE OMF opened at $62.59 on Friday. OneMain Holdings, Inc. has a twelve month low of $45.78 and a twelve month high of $71.93. The stock has a market cap of $7.23 billion, a PE ratio of 9.43, a PEG ratio of 0.49 and a beta of 1.22. The firm has a 50-day simple moving average of $58.34 and a 200 day simple moving average of $57.69.

OneMain (NYSE:OMF) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.05. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.28 billion. OneMain had a return on equity of 23.48% and a net margin of 13.92%.The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.45 earnings per share. Research analysts forecast that OneMain Holdings, Inc. will post 7.05 earnings per share for the current fiscal year.

OneMain Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, August 10th. OneMain’s dividend payout ratio (DPR) is presently 63.25%.

More OneMain News

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

Insider Activity at OneMain

In related news, COO Micah R. Conrad sold 5,000 shares of the company’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the transaction, the chief operating officer directly owned 96,250 shares in the company, valued at approximately $5,967,500. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 2,500 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total value of $160,000.00. Following the completion of the transaction, the senior vice president directly owned 10,627 shares of the company’s stock, valued at approximately $680,128. This trade represents a 19.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 9,348 shares of company stock worth $584,576 in the last three months. 0.29% of the stock is owned by insiders.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.