Nykredit A S Purchases Shares of 113,162 Synchrony Financial $SYF

Nykredit A S bought a new stake in Synchrony Financial (NYSE:SYF) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 113,162 shares of the financial services provider’s stock, valued at approximately $8,606,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SYF. World Investment Advisors lifted its holdings in Synchrony Financial by 0.6% in the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after acquiring an additional 134 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of Synchrony Financial by 7.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 135 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Synchrony Financial by 3.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock valued at $333,000 after purchasing an additional 149 shares in the last quarter. Legacy Financial Advisors Inc. lifted its stake in shares of Synchrony Financial by 5.1% in the 4th quarter. Legacy Financial Advisors Inc. now owns 3,109 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 152 shares during the period. Finally, WealthTrust Asset Management LLC boosted its holdings in Synchrony Financial by 0.9% during the first quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock worth $1,187,000 after buying an additional 156 shares in the last quarter. 96.48% of the stock is owned by institutional investors and hedge funds.

Synchrony Financial Trading Up 0.1%

Shares of Synchrony Financial stock opened at $79.93 on Friday. 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 stock’s 50 day simple moving average is $76.80 and its 200-day simple moving average is $73.31. The stock has a market cap of $26.01 billion, a P/E ratio of 8.19, a P/E/G ratio of 0.73 and a beta of 1.32. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS 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 firm had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. During the same quarter last year, the firm earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Analysts predict that Synchrony Financial will post 9.37 EPS for the current fiscal 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. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. Synchrony Financial’s dividend payout ratio is 13.93%.

Analyst Ratings Changes

A number of research analysts have weighed in on SYF shares. Loop Capital assumed coverage on shares of Synchrony Financial in a report on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective for the company. Robert W. Baird increased their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Wolfe Research upped their price target on Synchrony Financial from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Finally, Wells Fargo & Company lowered their price target on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Synchrony Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.78.

Synchrony Financial 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.