Michael Hedlund Sells 2,500 Shares of OneMain (NYSE:OMF) Stock

OneMain Holdings, Inc. (NYSE:OMF) SVP Michael Hedlund sold 2,500 shares of the stock in a transaction 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 directly owned 10,627 shares of the company’s stock, valued at $680,128. This represents a 19.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

OneMain Stock Down 1.3%

Shares of NYSE:OMF opened at $62.59 on Friday. OneMain Holdings, Inc. has a 12 month low of $45.78 and a 12 month high of $71.93. The company’s fifty day simple moving average is $58.34 and its 200 day simple moving average is $57.69. The firm has a market cap of $7.23 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 0.48 and a beta of 1.22.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.26 by $0.05. The business had revenue of $1.09 billion for 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 firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.45 EPS. Research analysts expect that OneMain Holdings, Inc. will post 7.12 earnings per share for the current fiscal year.

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be issued 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 63.25%.

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.

Institutional Trading of OneMain

Institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC increased its position in shares of OneMain by 117.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 202 shares during the period. Core Wealth Advisors LLC bought a new stake in OneMain during the fourth quarter worth about $31,000. Atlantic Union Bankshares Corp bought a new stake in OneMain during the fourth quarter worth about $36,000. Transamerica Financial Advisors LLC lifted its position in OneMain by 88.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 314 shares during the period. Finally, Sunbelt Securities Inc. acquired a new stake in OneMain during the third quarter worth about $46,000. Institutional investors own 85.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. TD Cowen increased 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneMain in a report on Tuesday, July 7th. Truist Financial increased their price target on OneMain from $70.00 to $71.00 and gave the company a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of OneMain in a research note on Friday, July 10th. Finally, Barclays decreased their price objective on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. 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 data from MarketBeat.com, OneMain presently has an average rating of “Moderate Buy” and a consensus target price of $68.40.

About OneMain

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.