Synchrony Financial $SYF Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG decreased its holdings in Synchrony Financial (NYSE:SYF) by 16.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 41,481 shares of the financial services provider’s stock after selling 8,408 shares during the period. J. Safra Sarasin Holding AG’s holdings in Synchrony Financial were worth $3,461,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Westside Investment Management Inc. boosted its holdings in shares of Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 179 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Synchrony Financial in the second quarter valued at approximately $26,000. FWL Investment Management LLC acquired a new stake in shares of Synchrony Financial in the third quarter valued at approximately $26,000. Salomon & Ludwin LLC lifted its position in Synchrony Financial by 54.9% during the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after buying an additional 146 shares in the last quarter. Finally, Palisade Asset Management LLC purchased a new position in Synchrony Financial during the third quarter worth approximately $29,000. 96.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the transaction, the insider owned 50,331 shares of the company’s stock, valued at $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the sale, the insider owned 64,221 shares of the company’s stock, valued at approximately $4,313,082.36. This represents a 42.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 379,928 shares of company stock valued at $26,170,764 over the last three months. Company insiders own 0.33% of the company’s stock.

Synchrony Financial Price Performance

SYF stock opened at $68.00 on Wednesday. Synchrony Financial has a 52-week low of $40.54 and a 52-week high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 7.32, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42. The business has a fifty day moving average of $70.28 and a two-hundred day moving average of $74.77.

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

Synchrony Financial Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on SYF shares. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price for the company in a report on Wednesday, January 28th. TD Cowen lifted their price target on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Wells Fargo & Company boosted their price target on shares of Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Wolfe Research initiated coverage on shares of Synchrony Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective for the company. Finally, Truist Financial cut their price objective on shares of Synchrony Financial from $84.00 to $71.00 and set a “hold” rating for the company in a research report on Monday, March 23rd. One equities 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $86.42.

About Synchrony Financial

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.