Crossmark Global Holdings Inc. Sells 15,694 Shares of Synchrony Financial $SYF

Crossmark Global Holdings Inc. decreased its position in shares of Synchrony Financial (NYSE:SYF) by 14.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 93,166 shares of the financial services provider’s stock after selling 15,694 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Synchrony Financial were worth $6,612,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Synchrony Financial during the 2nd quarter valued at $2,349,452,000. Bank of America Corp DE acquired a new position in shares of Synchrony Financial during the 2nd quarter valued at $1,122,961,000. Legal & General Group Plc bought a new stake in shares of Synchrony Financial in the 2nd quarter worth $209,305,000. Bank of New York Mellon Corp bought a new stake in shares of Synchrony Financial in the 2nd quarter worth $193,684,000. Finally, Deutsche Bank AG bought a new stake in shares of Synchrony Financial in the 2nd quarter worth $186,973,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

More Synchrony Financial News

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Zacks upgraded Synchrony to Rank #2 (Buy), citing improving earnings prospects and estimate revisions. The upgrade may support near-term investor interest. Synchrony upgraded to Buy
• Positive Sentiment: Synchrony raised its FY 2026 EPS guidance to $9.50, above the $9.44 analyst consensus, reinforcing the view that earnings could remain resilient.
• Positive Sentiment: Barclays raised its price target to $94 from $93 and maintained an Overweight rating. The target implies substantial upside and reflects confidence following the company’s third-quarter results.
• Positive Sentiment: CareCredit launched CareCredit Pay Later, an installment-loan option offered alongside its revolving credit card. The product could broaden consumer payment choices, support healthcare-provider adoption and strengthen Synchrony’s digital strategy. CareCredit Pay Later launch
• Positive Sentiment: Third-quarter results included EPS of $2.68, ahead of the $2.42 consensus estimate, while commentary highlighted consumer strength and digital growth opportunities.
• Neutral Sentiment: JPMorgan raised its price target to $77 from $74 but kept a Neutral rating, indicating modest valuation upside without a strong bullish recommendation.
• Neutral Sentiment: Analyst views remain mixed, and value-focused comparisons with other financial-services stocks may limit conviction despite Synchrony’s low valuation metrics.
• Negative Sentiment: Evercore downgraded Synchrony from Outperform to In Line with a $78 target, citing higher interest rates and macroeconomic volatility. Those factors could pressure funding costs, credit quality and consumer borrowing demand.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Robert W. Baird upped their price objective on Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. HSBC lifted their target price on Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $103.00 target price on shares of Synchrony Financial in a report on Tuesday. Wolfe Research boosted their price target on shares of Synchrony Financial from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Finally, BMO Capital Markets started coverage on shares of Synchrony Financial in a report on Friday, October 9th. They issued a “market perform” rating and a $81.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $87.83.

Synchrony Financial Stock Performance

SYF opened at $75.10 on Friday. The firm has a market cap of $24.44 billion, a PE ratio of 7.62, a P/E/G ratio of 0.85 and a beta of 1.35. The company has a quick ratio of 1.22, a current ratio of 1.23 and a debt-to-equity ratio of 1.15. The business has a fifty day simple moving average of $75.57 and a 200-day simple moving average of $74.72. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYF) last issued its earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.26. The business had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a return on equity of 22.26% and a net margin of 14.59%. During the same period in the previous year, the firm posted $2.86 EPS. As a group, equities analysts predict that Synchrony Financial will post 9.50 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 5th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, November 5th. Synchrony Financial’s dividend payout ratio is currently 13.93%.

Synchrony Financial Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.