Kepler Cheuvreux Suisse SA Purchases New Shares in Synchrony Financial $SYF

Kepler Cheuvreux Suisse SA purchased a new position in Synchrony Financial (NYSE:SYF) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 46,901 shares of the financial services provider’s stock, valued at approximately $3,332,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mackenzie Financial Corp boosted its holdings in shares of Synchrony Financial by 23.1% in the third quarter. Mackenzie Financial Corp now owns 601,663 shares of the financial services provider’s stock worth $42,748,000 after buying an additional 113,044 shares during the period. Van ECK Associates Corp raised its holdings in shares of Synchrony Financial by 12.5% during the third quarter. Van ECK Associates Corp now owns 16,610 shares of the financial services provider’s stock valued at $1,180,000 after acquiring an additional 1,840 shares during the period. Vestcor Inc lifted its position in shares of Synchrony Financial by 67.7% in the 3rd quarter. Vestcor Inc now owns 14,296 shares of the financial services provider’s stock valued at $1,016,000 after acquiring an additional 5,772 shares in the last quarter. PFG Advisors purchased a new stake in shares of Synchrony Financial in the 3rd quarter valued at approximately $223,000. Finally, Jefferies Financial Group Inc. acquired a new position in Synchrony Financial in the 3rd quarter worth approximately $1,072,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

SYF has been the topic of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Wednesday, January 21st. Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price for the company in a research report on Wednesday, January 28th. BTIG Research lowered their price target on Synchrony Financial from $100.00 to $96.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Robert W. Baird raised Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target on the stock in a research report on Friday, February 13th. Finally, Barclays reduced their price objective on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.11.

Insiders Place Their Bets

In related news, insider Alberto Casellas sold 14,399 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were 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 approximately $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Darrell Owens sold 3,865 shares of Synchrony Financial stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $261,699.15. Following the completion of the sale, the insider owned 17,432 shares of the company’s stock, valued at $1,180,320.72. This trade represents a 18.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 379,928 shares of company stock worth $26,170,764 in the last quarter. Corporate insiders own 0.33% of the company’s stock.

Synchrony Financial Trading Down 2.6%

Synchrony Financial stock opened at $65.38 on Wednesday. Synchrony Financial has a 12 month low of $40.54 and a 12 month 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 $22.73 billion, a P/E ratio of 7.04, a P/E/G ratio of 0.59 and a beta of 1.42. The company’s fifty day simple moving average is $75.33 and its 200-day simple moving average is $75.82.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.16. The business had revenue of $3.79 billion during 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%.Synchrony Financial’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the company earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, sell-side analysts forecast that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s payout ratio is currently 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.