Allianz Asset Management GmbH Raises Stake in OneMain Holdings, Inc. $OMF

Allianz Asset Management GmbH increased its stake in shares of OneMain Holdings, Inc. (NYSE:OMF) by 27.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 466,868 shares of the financial services provider’s stock after buying an additional 99,538 shares during the quarter. Allianz Asset Management GmbH’s holdings in OneMain were worth $26,359,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in OMF. Root Financial Partners LLC bought a new position in shares of OneMain during the 3rd quarter valued at approximately $26,000. Activest Wealth Management lifted its stake in OneMain by 1,102.1% in the third quarter. Activest Wealth Management now owns 577 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 529 shares during the last quarter. Bayforest Capital Ltd grew its holdings in OneMain by 591.8% during the third quarter. Bayforest Capital Ltd now owns 671 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 574 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in OneMain by 57.5% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $40,000 after buying an additional 262 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of OneMain by 79.4% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 820 shares of the financial services provider’s stock valued at $47,000 after buying an additional 363 shares during the period. Institutional investors own 85.82% of the company’s stock.

Insider Activity

In other news, CEO Douglas H. Shulman sold 57,500 shares of OneMain stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $68.41, for a total transaction of $3,933,575.00. Following the completion of the sale, the chief executive officer owned 174,100 shares in the company, valued at approximately $11,910,181. This trade represents a 24.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Michael A. Hedlund sold 652 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $62.00, for a total transaction of $40,424.00. Following the completion of the transaction, the senior vice president owned 15,179 shares in the company, valued at approximately $941,098. This trade represents a 4.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.40% of the company’s stock.

OneMain Trading Down 1.1%

OMF stock opened at $61.58 on Friday. The firm has a 50 day moving average of $66.57 and a 200-day moving average of $61.30. The firm has a market capitalization of $7.25 billion, a P/E ratio of 9.37, a price-to-earnings-growth ratio of 0.35 and a beta of 1.33. OneMain Holdings, Inc. has a 12 month low of $38.00 and a 12 month high of $71.93.

OneMain (NYSE:OMF) last posted its earnings results on Thursday, February 5th. The financial services provider reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.04. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.28 billion. OneMain had a net margin of 14.35% and a return on equity of 23.96%. During the same period in the prior year, the company posted $1.16 EPS. Sell-side analysts predict that OneMain Holdings, Inc. will post 6.46 EPS for the current year.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, February 17th. OneMain’s dividend payout ratio is currently 71.19%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on OMF shares. Citigroup reiterated a “market outperform” rating on shares of OneMain in a research note on Monday, November 24th. Stephens cut their target price on shares of OneMain to $76.00 and set an “overweight” rating for the company in a research report on Friday. TD Cowen reiterated a “buy” rating on shares of OneMain in a research note on Thursday, January 8th. Weiss Ratings restated a “buy (b-)” rating on shares of OneMain in a research note on Monday, December 29th. Finally, Royal Bank Of Canada raised their price objective on shares of OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $71.70.

OneMain News Roundup

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Q4 beat — OMF reported adjusted EPS above consensus and strong revenue growth (Q4 EPS beat and revenue well ahead of estimates), showing solid operating leverage and higher pretax/net income versus the prior year. PR Newswire: Q4 results
• Positive Sentiment: Dividend boost — The board declared a $1.05 quarterly dividend (ex-dividend Feb. 17), implying a roughly 6.7% yield, which supports income-focused holders and can underpin demand for the shares.
• Positive Sentiment: Resilient loan/credit performance — Management emphasized resilient loan growth and credit trends in the Q4 review and deep-dive coverage, suggesting core business momentum even as they remain cautious on the outlook. Yahoo Finance: Q4 deep dive
• Neutral Sentiment: Analyst nuance — Truist trimmed its target from $75 to $73 but kept a “buy” rating (still implying material upside), reflecting mixed analyst views rather than a consensus sell signal. Benzinga: Truist note
• Negative Sentiment: JPMorgan downgrade/target cut — JPMorgan lowered its price target to $63 and moved to an “underweight” stance, reducing demand from a major institutional channel and signaling skepticism on near-term upside. Benzinga: JPMorgan note
• Negative Sentiment: Costs & provisions rising — Coverage flagged that while net interest income rose, year-over-year expense and provision increases weighed on the stock after the print; investors are focused on whether margins and credit costs stabilize. Zacks: NII, costs, provisions

OneMain Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.