Edmond DE Rothschild Holding S.A. Buys Shares of 9,974 Synchrony Financial $SYF

Edmond DE Rothschild Holding S.A. bought a new stake in shares of Synchrony Financial (NYSE:SYF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,974 shares of the financial services provider’s stock, valued at approximately $759,000.

Other large investors also recently modified their holdings of the company. FWL Investment Management LLC bought a new stake in shares of Synchrony Financial in the 3rd quarter worth approximately $26,000. Fideuram Asset Management Ireland dac purchased a new position in Synchrony Financial in the fourth quarter valued at approximately $29,000. Advisors Asset Management Inc. bought a new position in Synchrony Financial during the fourth quarter valued at $29,000. Palisade Asset Management LLC bought a new position in Synchrony Financial during the third quarter valued at $29,000. Finally, Reflection Asset Management purchased a new stake in Synchrony Financial in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analysts Set New Price Targets

SYF has been the topic of several research reports. TD Cowen boosted their target price on Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Truist Financial increased their price target on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. UBS Group lifted their price objective on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. HSBC boosted their price objective on Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday, July 17th. Twelve analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Trading Down 3.6%

NYSE:SYF opened at $76.76 on Friday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The stock’s fifty day moving average price is $76.03 and its two-hundred day moving average price is $72.88. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market cap of $24.98 billion, a P/E ratio of 7.86, a P/E/G ratio of 0.73 and a beta of 1.32.

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

Synchrony Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were paid a $0.34 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 annualized dividend and a yield of 1.8%. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio is 13.93%.

Synchrony Financial Company Profile

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.