Bread Financial Holdings, Inc. $BFH Stock Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue cut its position in Bread Financial Holdings, Inc. (NYSE:BFH) by 51.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,455 shares of the company’s stock after selling 6,852 shares during the quarter. State of Alaska Department of Revenue’s holdings in Bread Financial were worth $630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its position in Bread Financial by 747.9% in the 3rd quarter. Fortitude Family Office LLC now owns 814 shares of the company’s stock worth $80,000 after purchasing an additional 718 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in shares of Bread Financial in the third quarter valued at approximately $55,054,000. GAMMA Investing LLC increased its stake in shares of Bread Financial by 5.6% in the third quarter. GAMMA Investing LLC now owns 4,056 shares of the company’s stock valued at $396,000 after purchasing an additional 214 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Bread Financial by 248.6% during the third quarter. Farther Finance Advisors LLC now owns 2,172 shares of the company’s stock valued at $212,000 after buying an additional 1,549 shares during the last quarter. Finally, Argent Capital Management LLC raised its holdings in shares of Bread Financial by 3.8% during the third quarter. Argent Capital Management LLC now owns 12,801 shares of the company’s stock valued at $1,251,000 after buying an additional 465 shares during the last quarter. 99.52% of the stock is currently owned by institutional investors.

Insider Activity at Bread Financial

In other news, Director Praniti Lakhwara sold 2,802 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $106.12, for a total value of $297,348.24. Following the completion of the sale, the director directly owned 4,458 shares of the company’s stock, valued at approximately $473,082.96. This represents a 38.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Bread Financial Stock Performance

BFH stock opened at $99.72 on Friday. The company has a market capitalization of $3.83 billion, a P/E ratio of 7.86, a PEG ratio of 0.81 and a beta of 1.15. The company has a 50-day simple moving average of $104.36 and a 200 day simple moving average of $98.67. Bread Financial Holdings, Inc. has a fifty-two week low of $59.26 and a fifty-two week high of $114.53. The company has a quick ratio of 1.17, a current ratio of 1.16 and a debt-to-equity ratio of 0.24.

Bread Financial (NYSE:BFH) last announced its earnings results on Thursday, October 22nd. The company reported $3.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.50. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Bread Financial had a net margin of 11.19% and a return on equity of 17.24%. Bread Financial’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.02 EPS. Sell-side analysts predict that Bread Financial Holdings, Inc. will post 12.10 earnings per share for the current fiscal year.

Bread Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a dividend of $0.25 per share. This is a positive change from Bread Financial’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, November 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. Bread Financial’s payout ratio is presently 7.18%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded Bread Financial from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Bread Financial in a report on Thursday. Royal Bank Of Canada restated a “sector perform” rating and issued a $115.00 target price on shares of Bread Financial in a research report on Friday, July 24th. Evercore set a $118.00 target price on Bread Financial in a research report on Thursday, October 1st. Finally, The Goldman Sachs Group lifted their target price on Bread Financial from $94.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $112.21.

Key Headlines Impacting Bread Financial

Here are the key news stories impacting Bread Financial this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Bread Financial reported adjusted earnings of $3.84 per share, beating the $3.34 consensus estimate, while revenue rose 4.7% year over year to $1.02 billion, slightly above expectations. Q3 revenue report
• Positive Sentiment: Dividend increased: The company raised its quarterly common-stock dividend 8.7% to $0.25 per share, payable December 15 to shareholders of record November 30. The board also declared dividends on both series of preferred stock, signaling continued shareholder returns. Dividend announcement
• Positive Sentiment: Sephora partnership renewed: Bread Financial signed a long-term renewal with Sephora to support its credit-card and loyalty program, preserving an important branded payments relationship. Sephora renewal
• Neutral Sentiment: Analyst target raised, but rating remains Hold: TD Cowen increased its price target from $111 to $113, implying substantial upside from recent levels, while maintaining a “hold” recommendation.
• Neutral Sentiment: 2026 revenue outlook is in line: Bread Financial reiterated revenue guidance of approximately $4.0 billion, matching consensus and offering limited evidence of an upside forecast revision.
• Negative Sentiment: Year-over-year earnings declined: Q3 earnings fell from $4.02 per share a year earlier to $3.84, tempering the impact of the earnings beat and raising questions about profitability trends.
• Negative Sentiment: Credit performance remains a focus: Bread Financial issued a September update covering net principal loss and delinquency rates. Investors will scrutinize those metrics because deterioration could increase provisions and pressure future earnings. September performance update

About Bread Financial

Bread Financial Holdings, Inc (NYSE: BFH) is a financial services company that provides payment, lending and savings solutions to consumers and businesses. Its offerings include private-label and co-branded credit cards, installment lending, buy now, pay later services and deposit products.

The company operates through its Bread platform, which supports merchants with financing options, payment processing and customer loyalty solutions. Its consumer products have included Bread Cashback credit cards, Bread Pay installment payment services and Bread Savings deposit accounts.

Bread Financial primarily serves consumers and merchants in the United States, with solutions designed for retail, travel, home improvement and other industries.