Sei Investments Co. Acquires 14,419 Shares of OneMain Holdings, Inc. $OMF

Sei Investments Co. increased its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 6.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 233,014 shares of the financial services provider’s stock after purchasing an additional 14,419 shares during the period. Sei Investments Co.’s holdings in OneMain were worth $12,464,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its position in shares of OneMain by 24.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 259,803 shares of the financial services provider’s stock worth $17,945,000 after buying an additional 50,521 shares during the period. Kingsview Wealth Management LLC acquired a new stake in OneMain in the 4th quarter valued at $5,310,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in OneMain by 39.0% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 126,492 shares of the financial services provider’s stock valued at $8,553,000 after acquiring an additional 35,466 shares during the period. Financiere des Professionnels Fonds d investissement inc. bought a new stake in OneMain in the first quarter valued at $1,638,000. Finally, Illinois Municipal Retirement Fund raised its stake in OneMain by 37.6% during the first quarter. Illinois Municipal Retirement Fund now owns 104,527 shares of the financial services provider’s stock worth $5,591,000 after acquiring an additional 28,536 shares in the last quarter. Institutional investors own 85.82% of the company’s stock.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

Insider Activity

In other OneMain news, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the transaction, the chief operating officer directly owned 96,250 shares of the company’s stock, valued at approximately $5,967,500. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total transaction of $160,000.00. Following the transaction, the senior vice president owned 10,627 shares in the company, valued at $680,128. The trade was a 19.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 9,348 shares of company stock valued at $584,576 in the last 90 days. Corporate insiders own 0.29% of the company’s stock.

OneMain Price Performance

OMF stock opened at $62.59 on Friday. The business has a fifty day moving average price of $58.34 and a 200 day moving average price of $57.69. OneMain Holdings, Inc. has a fifty-two week low of $45.78 and a fifty-two week high of $71.93. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 0.49 and a beta of 1.22.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.05. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.28 billion. OneMain had a return on equity of 23.48% and a net margin of 13.92%.The business’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.45 earnings per share. On average, equities analysts expect that OneMain Holdings, Inc. will post 7.05 earnings per share for the current fiscal year.

OneMain Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 6.7%. The ex-dividend date is Monday, August 10th. OneMain’s dividend payout ratio (DPR) is presently 63.25%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on OMF. JPMorgan Chase & Co. cut their price objective on OneMain from $63.00 to $55.00 and set an “underweight” rating for the company in a report on Thursday, April 9th. Royal Bank Of Canada upped their target price on shares of OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a report on Thursday. Truist Financial increased their target price on shares of OneMain from $70.00 to $71.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company cut their price target on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. Finally, Barclays cut their price target on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.40.

About OneMain

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.