Synchrony Financial (NYSE:SYF) Insider Sells $974,956.29 in Stock

Synchrony Financial (NYSE:SYF) insider Alberto Casellas sold 14,399 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at $3,407,912.01. This represents a 22.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Synchrony Financial Stock Performance

Shares of SYF opened at $69.00 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a 50 day moving average price of $76.44 and a two-hundred day moving average price of $75.88. The firm has a market capitalization of $23.98 billion, a P/E ratio of 7.43, a P/E/G ratio of 0.61 and a beta of 1.42. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77.

Synchrony Financial (NYSE:SYF) last posted 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 return on equity of 23.07% and a net margin of 15.72%.The company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. During the same quarter last year, the company earned $1.91 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts forecast that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, February 6th. Synchrony Financial’s payout ratio is currently 12.92%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SYF. NewEdge Advisors LLC boosted its stake in shares of Synchrony Financial by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 679 shares in the last quarter. Woodline Partners LP lifted its holdings in Synchrony Financial by 36.2% in the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock worth $1,884,000 after buying an additional 9,460 shares during the period. Focus Partners Wealth boosted its position in Synchrony Financial by 7.7% during the 1st quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 459 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Synchrony Financial by 337.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 455 shares during the period. Finally, Sivia Capital Partners LLC grew its holdings in shares of Synchrony Financial by 56.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock worth $405,000 after acquiring an additional 2,178 shares during the period. 96.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. 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 report on Wednesday, January 28th. BTIG Research lowered their price target on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Robert W. Baird raised shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target for the company in a research report on Friday, February 13th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. One 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.11.

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.