Lazard Asset Management LLC Has $3.66 Million Stock Position in OneMain Holdings, Inc. $OMF

Lazard Asset Management LLC lifted its stake in shares of OneMain Holdings, Inc. (NYSE:OMF) by 114.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,360 shares of the financial services provider’s stock after purchasing an additional 36,452 shares during the period. Lazard Asset Management LLC owned 0.06% of OneMain worth $3,657,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in OneMain in the 4th quarter valued at about $100,312,000. Janus Henderson Group PLC increased its position in OneMain by 70.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,534,271 shares of the financial services provider’s stock worth $171,210,000 after buying an additional 1,047,263 shares during the last quarter. Azora Capital LP increased its position in OneMain by 210.7% during the fourth quarter. Azora Capital LP now owns 1,362,934 shares of the financial services provider’s stock worth $92,066,000 after buying an additional 924,302 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in OneMain by 57.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,965,244 shares of the financial services provider’s stock worth $110,958,000 after buying an additional 713,670 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in OneMain by 47.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,855,709 shares of the financial services provider’s stock valued at $125,353,000 after buying an additional 596,455 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

Key Headlines Impacting OneMain

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.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on OMF. JPMorgan Chase & Co. cut 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. Barclays decreased 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. Evercore set a $66.00 price target on OneMain in a research note on Monday, July 6th. Truist Financial raised their price target on OneMain from $70.00 to $71.00 and gave the company a “buy” rating in a report on Thursday. Finally, TD Cowen lifted their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Eight equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, OneMain presently has an average rating of “Moderate Buy” and an average target price of $68.40.

OneMain Stock Performance

OMF stock opened at $62.59 on Friday. OneMain Holdings, Inc. has a 52 week low of $45.78 and a 52 week high of $71.93. The company has a market capitalization of $7.23 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 0.49 and a beta of 1.22. The company’s 50-day simple moving average is $58.34 and its 200 day simple moving average is $57.69.

OneMain (NYSE:OMF) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.05. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.28 billion. OneMain had a net margin of 13.92% and a return on equity of 23.48%. The business’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.45 EPS. On average, analysts forecast that OneMain Holdings, Inc. will post 7.05 EPS for the current year.

OneMain Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Monday, August 10th. OneMain’s payout ratio is presently 63.25%.

Insider Buying and Selling

In related news, SVP Michael A. Hedlund sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total transaction of $160,000.00. Following the sale, the senior vice president owned 10,627 shares of the company’s stock, valued at $680,128. This represents a 19.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the firm’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 transaction, the chief operating officer owned 96,250 shares in the company, valued at approximately $5,967,500. This trade represents a 4.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 9,348 shares of company stock valued at $584,576. 0.29% of the stock is owned by company insiders.

OneMain 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.