Schroder Investment Management Group Has $58.27 Million Stock Holdings in Synchrony Financial $SYF

Schroder Investment Management Group decreased its holdings in shares of Synchrony Financial (NYSE:SYF) by 12.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 820,090 shares of the financial services provider’s stock after selling 120,025 shares during the period. Schroder Investment Management Group’s holdings in Synchrony Financial were worth $58,267,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank acquired a new position in Synchrony Financial during the second quarter worth $299,360,000. Bank of America Corp DE grew its holdings in shares of Synchrony Financial by 34.6% during the second quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after buying an additional 3,494,741 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Synchrony Financial by 48.3% during the third quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after buying an additional 1,416,909 shares during the last quarter. Voya Investment Management LLC increased its position in shares of Synchrony Financial by 149.4% during the third quarter. Voya Investment Management LLC now owns 1,803,690 shares of the financial services provider’s stock worth $127,844,000 after acquiring an additional 1,080,389 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Synchrony Financial by 34.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,941,247 shares of the financial services provider’s stock worth $196,299,000 after acquiring an additional 761,263 shares in the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada dropped their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 28th. TD Cowen boosted their price objective on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. BTIG Research lowered their price objective on Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Keefe, Bruyette & Woods raised their target price on Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, Wolfe Research initiated coverage on shares of Synchrony Financial in a report on Monday, December 8th. They set an “outperform” rating and a $92.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Synchrony Financial presently has an average rating of “Moderate Buy” and an average price target of $87.11.

Insider Buying and Selling at Synchrony Financial

In other news, insider Alberto Casellas sold 14,399 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the transaction, the insider owned 50,331 shares of the company’s stock, valued at $3,407,912.01. This represents a 22.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total value of $3,164,041.92. Following the transaction, the insider owned 64,221 shares of the company’s stock, valued at $4,313,082.36. The trade was a 42.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 379,928 shares of company stock valued at $26,170,764 in the last quarter. Insiders own 0.33% of the company’s stock.

Synchrony Financial Stock Performance

NYSE SYF opened at $65.38 on Wednesday. The company has a market capitalization of $22.73 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 0.59 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a 52-week low of $40.54 and a 52-week high of $88.77. The company has a 50-day simple moving average of $75.33 and a 200 day simple moving average of $75.82.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The firm had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period in the previous year, the company earned $1.91 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, research analysts predict that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were paid a $0.30 dividend. The ex-dividend date was Friday, February 6th. This represents a $1.20 annualized dividend and a yield of 1.8%. Synchrony Financial’s dividend payout ratio is presently 12.92%.

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.