Synchrony Financial $SYF Shares Acquired by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. increased its holdings in shares of Synchrony Financial (NYSE:SYF) by 365.8% during the fourth quarter, HoldingsChannel reports. The fund owned 26,488 shares of the financial services provider’s stock after buying an additional 20,801 shares during the period. Global X Japan Co. Ltd.’s holdings in Synchrony Financial were worth $2,210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SYF. CoreCap Advisors LLC grew its stake in shares of Synchrony Financial by 34.4% during the 4th quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 139 shares during the period. Mather Group LLC. grew its holdings in shares of Synchrony Financial by 5.7% in the 4th quarter. Mather Group LLC. now owns 6,134 shares of the financial services provider’s stock worth $512,000 after acquiring an additional 330 shares during the period. Kathmere Capital Management LLC increased its stake in Synchrony Financial by 23.4% in the 4th quarter. Kathmere Capital Management LLC now owns 15,389 shares of the financial services provider’s stock valued at $1,284,000 after purchasing an additional 2,919 shares in the last quarter. Norden Group LLC acquired a new position in Synchrony Financial during the fourth quarter worth $211,000. Finally, Mayflower Financial Advisors LLC purchased a new stake in Synchrony Financial during the fourth quarter worth $217,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Buying and Selling at Synchrony Financial

In other news, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Darrell Owens sold 3,865 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $261,699.15. Following the completion of the transaction, the insider owned 17,432 shares of the company’s stock, valued at $1,180,320.72. The trade was a 18.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 379,928 shares of company stock valued at $26,170,764. 0.32% of the stock is currently owned by insiders.

Synchrony Financial Price Performance

NYSE:SYF opened at $66.81 on Friday. Synchrony Financial has a 12-month low of $40.54 and a 12-month high of $88.77. The firm has a market cap of $23.22 billion, a price-to-earnings ratio of 7.19, a price-to-earnings-growth ratio of 0.60 and a beta of 1.42. The company’s 50-day moving average is $71.03 and its two-hundred day moving average is $74.97. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data 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 business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.84 billion. During the same quarter in the previous year, the business posted $1.91 earnings per share. The company’s revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Research analysts expect that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

Analyst Upgrades and Downgrades

SYF has been the subject of several research reports. Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Wednesday, January 28th. Wolfe Research started coverage on shares of Synchrony Financial in a report on Monday, December 8th. They set an “outperform” rating and a $92.00 target price for the company. JPMorgan Chase & Co. cut their target price on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. Keefe, Bruyette & Woods upped their price target on shares of Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, Royal Bank Of Canada lowered 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.42.

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.