Capital World Investors Has $2.72 Billion Stock Holdings in Synchrony Financial $SYF

Capital World Investors decreased its holdings in shares of Synchrony Financial (NYSE:SYF) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,326,315 shares of the financial services provider’s stock after selling 1,008,354 shares during the quarter. Capital World Investors owned approximately 0.11% of Synchrony Financial worth $2,723,085,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SYF. Norges Bank bought a new stake in Synchrony Financial in the second quarter worth $299,360,000. Bank of America Corp DE lifted its position in shares of Synchrony Financial by 34.6% in the second 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 during the last quarter. Assetmark Inc. lifted its position in shares of Synchrony Financial by 48.3% in the third quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock worth $309,001,000 after buying an additional 1,416,909 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Synchrony Financial by 149.4% during the 3rd quarter. Voya Investment Management LLC now owns 1,803,690 shares of the financial services provider’s stock worth $127,844,000 after acquiring an additional 1,080,389 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Synchrony Financial by 34.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,941,247 shares of the financial services provider’s stock valued at $196,299,000 after acquiring an additional 761,263 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Darrell Owens sold 3,865 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $261,699.15. Following the sale, the insider owned 17,432 shares of the company’s stock, valued at $1,180,320.72. The trade was a 18.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the transaction, the insider directly owned 64,221 shares of the company’s stock, valued at $4,313,082.36. The trade was a 42.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 379,928 shares of company stock worth $26,170,764 in the last three months. Company insiders own 0.33% of the company’s stock.

Synchrony Financial Stock Performance

NYSE SYF opened at $67.15 on Tuesday. The company’s fifty day moving average is $75.70 and its two-hundred day moving average is $75.88. Synchrony Financial has a 52-week low of $40.54 and a 52-week high of $88.77. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 7.23, a P/E/G ratio of 0.59 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.84 billion. During the same quarter in the prior year, the business earned $1.91 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts forecast that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.8%. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.92%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Royal Bank Of Canada dropped their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 28th. Compass Point raised shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price objective for the company in a report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their target price on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Finally, Wells Fargo & Company lifted their target price on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.11.

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.