EP Wealth Advisors LLC Takes Position in Synchrony Financial $SYF

EP Wealth Advisors LLC purchased a new position in Synchrony Financial (NYSE:SYF) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 7,097 shares of the financial services provider’s stock, valued at approximately $540,000.

A number of other large investors also recently bought and sold shares of the business. FWL Investment Management LLC purchased a new stake in Synchrony Financial in the third quarter worth about $26,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Synchrony Financial during the fourth quarter valued at approximately $29,000. Advisors Asset Management Inc. purchased a new position in shares of Synchrony Financial during the fourth quarter valued at approximately $29,000. Palisade Asset Management LLC bought a new stake in shares of Synchrony Financial in the 3rd quarter worth approximately $29,000. Finally, Reflection Asset Management purchased a new stake in shares of Synchrony Financial in the 4th quarter worth approximately $31,000. 96.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SYF shares. 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 objective for the company. JPMorgan Chase & Co. reduced their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, July 13th. UBS Group upped their price target on shares of Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. TD Cowen increased their price objective on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Robert W. Baird raised their price objective on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Trading Up 0.7%

NYSE:SYF opened at $80.06 on Tuesday. The company has a 50 day simple moving average of $76.26 and a two-hundred day simple moving average of $72.96. The company has a market cap of $26.05 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 0.73 and a beta of 1.32. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the prior year, the company earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Research analysts forecast that Synchrony Financial will post 9.37 earnings per share for the current year.

Synchrony Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.7%. This is a positive change from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, August 5th. Synchrony Financial’s dividend payout ratio (DPR) is presently 13.93%.

About Synchrony Financial

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.