Synchrony Financial $SYF Shares Bought by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas boosted its holdings in Synchrony Financial (NYSE:SYF) by 28.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,831 shares of the financial services provider’s stock after purchasing an additional 12,717 shares during the period. Oddo BHF Asset Management Sas’ holdings in Synchrony Financial were worth $4,741,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Strategic Investment Advisors MI lifted its holdings in Synchrony Financial by 43.2% during the 3rd quarter. Strategic Investment Advisors MI now owns 68,841 shares of the financial services provider’s stock worth $4,890,000 after buying an additional 20,778 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Synchrony Financial by 5.4% in the 3rd quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock worth $1,018,517,000 after purchasing an additional 739,832 shares during the last quarter. Tredje AP fonden increased its position in Synchrony Financial by 71.5% in the 3rd quarter. Tredje AP fonden now owns 54,811 shares of the financial services provider’s stock valued at $3,894,000 after acquiring an additional 22,856 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in Synchrony Financial in the 3rd quarter valued at approximately $2,108,000. Finally, Vinva Investment Management Ltd increased its position in Synchrony Financial by 27.2% in the 3rd quarter. Vinva Investment Management Ltd now owns 397,508 shares of the financial services provider’s stock valued at $29,145,000 after acquiring an additional 85,066 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. Robert W. Baird raised their target price on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Loop Capital began coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price target on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $86.05.

Synchrony Financial Stock Performance

SYF opened at $74.64 on Tuesday. The firm has a market cap of $25.11 billion, a PE ratio of 7.72, a P/E/G ratio of 0.65 and a beta of 1.33. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The business has a fifty day simple moving average of $72.91 and a 200-day simple moving average of $74.59. Synchrony Financial has a fifty-two week low of $60.01 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.13. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The company’s revenue was down 7.4% compared to the same quarter last year. During the same period last year, the company posted $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, equities analysts predict that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.41%.

Synchrony Financial announced that its Board of Directors has approved a stock buyback program on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the sale, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This trade represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by company insiders.

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.