Allianz Asset Management GmbH Has $26.36 Million Holdings in OneMain Holdings, Inc. $OMF

Allianz Asset Management GmbH grew its holdings in shares of OneMain Holdings, Inc. (NYSE:OMF) by 27.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 466,868 shares of the financial services provider’s stock after buying an additional 99,538 shares during the period. Allianz Asset Management GmbH owned approximately 0.39% of OneMain worth $26,359,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its stake in OneMain by 9.1% during the second quarter. Geneos Wealth Management Inc. now owns 2,112 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 176 shares in the last quarter. KLP Kapitalforvaltning AS raised its holdings in shares of OneMain by 0.8% during the third quarter. KLP Kapitalforvaltning AS now owns 24,800 shares of the financial services provider’s stock valued at $1,400,000 after purchasing an additional 200 shares during the period. Central Pacific Bank Trust Division boosted its position in shares of OneMain by 2.5% during the 3rd quarter. Central Pacific Bank Trust Division now owns 8,284 shares of the financial services provider’s stock worth $468,000 after purchasing an additional 205 shares in the last quarter. Forum Financial Management LP grew its stake in shares of OneMain by 4.6% in the 2nd quarter. Forum Financial Management LP now owns 4,749 shares of the financial services provider’s stock valued at $271,000 after buying an additional 209 shares during the period. Finally, Evergreen Capital Management LLC grew its stake in shares of OneMain by 2.3% in the 3rd quarter. Evergreen Capital Management LLC now owns 10,579 shares of the financial services provider’s stock valued at $597,000 after buying an additional 233 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

Insider Activity

In other OneMain news, CEO Douglas H. Shulman sold 57,500 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $68.41, for a total value of $3,933,575.00. Following the completion of the sale, the chief executive officer directly owned 174,100 shares of the company’s stock, valued at approximately $11,910,181. This represents a 24.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Michael A. Hedlund sold 652 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $62.00, for a total transaction of $40,424.00. Following the completion of the sale, the senior vice president owned 15,179 shares of the company’s stock, valued at approximately $941,098. This trade represents a 4.12% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on OMF shares. JMP Securities set a $68.00 price target on OneMain in a research note on Monday, November 24th. Stephens lowered their target price on OneMain to $76.00 and set an “overweight” rating on the stock in a research report on Friday. Truist Financial cut their target price on OneMain from $75.00 to $73.00 and set a “buy” rating on the stock in a report on Friday. TD Cowen reissued a “buy” rating on shares of OneMain in a research report on Thursday, January 8th. Finally, Citizens Jmp lowered their price objective on shares of OneMain from $70.00 to $68.00 and set a “market outperform” rating on the stock in a report on Monday, November 24th. Nine analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $71.70.

Trending Headlines about OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Q4 beat — OMF reported adjusted EPS above consensus and strong revenue growth (Q4 EPS beat and revenue well ahead of estimates), showing solid operating leverage and higher pretax/net income versus the prior year. PR Newswire: Q4 results
• Positive Sentiment: Dividend boost — The board declared a $1.05 quarterly dividend (ex-dividend Feb. 17), implying a roughly 6.7% yield, which supports income-focused holders and can underpin demand for the shares.
• Positive Sentiment: Resilient loan/credit performance — Management emphasized resilient loan growth and credit trends in the Q4 review and deep-dive coverage, suggesting core business momentum even as they remain cautious on the outlook. Yahoo Finance: Q4 deep dive
• Neutral Sentiment: Analyst nuance — Truist trimmed its target from $75 to $73 but kept a “buy” rating (still implying material upside), reflecting mixed analyst views rather than a consensus sell signal. Benzinga: Truist note
• Negative Sentiment: JPMorgan downgrade/target cut — JPMorgan lowered its price target to $63 and moved to an “underweight” stance, reducing demand from a major institutional channel and signaling skepticism on near-term upside. Benzinga: JPMorgan note
• Negative Sentiment: Costs & provisions rising — Coverage flagged that while net interest income rose, year-over-year expense and provision increases weighed on the stock after the print; investors are focused on whether margins and credit costs stabilize. Zacks: NII, costs, provisions

OneMain Stock Down 1.1%

Shares of NYSE:OMF opened at $61.58 on Friday. The business’s 50 day moving average is $66.57 and its 200 day moving average is $61.30. OneMain Holdings, Inc. has a 12-month low of $38.00 and a 12-month high of $71.93. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 0.35 and a beta of 1.33.

OneMain (NYSE:OMF) last released its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.04. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.28 billion. OneMain had a return on equity of 23.96% and a net margin of 14.35%.During the same period in the prior year, the firm posted $1.16 EPS. As a group, equities research analysts expect that OneMain Holdings, Inc. will post 6.46 earnings per share for the current year.

OneMain Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Tuesday, February 17th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Tuesday, February 17th. OneMain’s dividend payout ratio (DPR) is presently 71.19%.

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.