Synchrony Financial $SYF Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its position in Synchrony Financial (NYSE:SYF) by 273.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 177,780 shares of the financial services provider’s stock after buying an additional 130,136 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Synchrony Financial were worth $15,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Synchrony Financial during the second quarter valued at approximately $299,360,000. Bank of America Corp DE grew its holdings in Synchrony Financial by 34.6% in the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock worth $907,356,000 after buying an additional 3,494,741 shares in the last quarter. Assetmark Inc. increased its position in Synchrony Financial by 48.3% in the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after acquiring an additional 1,416,909 shares during the period. Voya Investment Management LLC increased its position in Synchrony Financial by 149.4% in the 3rd quarter. Voya Investment Management LLC now owns 1,803,690 shares of the financial services provider’s stock valued at $127,844,000 after acquiring an additional 1,080,389 shares during the period. Finally, Worldquant Millennium Advisors LLC raised its stake in Synchrony Financial by 222.5% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 937,296 shares of the financial services provider’s stock valued at $62,555,000 after acquiring an additional 646,642 shares in the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wells Fargo & Company boosted their price target on Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Royal Bank Of Canada lowered their price target on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research note on Wednesday, January 21st. Wolfe Research started 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, BTIG Research reiterated a “buy” rating and issued a $96.00 target price on shares of Synchrony Financial in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Synchrony Financial currently has a consensus rating of “Moderate Buy” and an average price target of $86.42.

Insider Transactions at Synchrony Financial

In other news, insider Brian D. Doubles sold 217,554 shares of Synchrony Financial stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $68.68, for a total value of $14,941,608.72. Following the transaction, the insider owned 829,222 shares of the company’s stock, valued at $56,950,966.96. The trade was a 20.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Darrell Owens sold 3,865 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was 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 in the company, valued at $1,180,320.72. The trade was a 18.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 379,928 shares of company stock valued at $26,170,764 in the last quarter. 0.32% of the stock is owned by company insiders.

Synchrony Financial Stock Performance

Shares of NYSE SYF opened at $67.62 on Thursday. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The firm has a market cap of $23.50 billion, a P/E ratio of 7.28, a PEG ratio of 0.59 and a beta of 1.42. The stock has a fifty day moving average price of $71.24 and a two-hundred day moving average price of $75.03. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.16. The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Research analysts forecast that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The firm also recently declared 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 was Friday, February 6th. This represents a $1.20 annualized dividend and a yield of 1.8%. Synchrony Financial’s payout ratio is 12.92%.

Synchrony Financial 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.