Brevan Howard Capital Management LP Cuts Stock Holdings in Synchrony Financial $SYF

Brevan Howard Capital Management LP lowered its position in Synchrony Financial (NYSE:SYF) by 26.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 69,526 shares of the financial services provider’s stock after selling 25,639 shares during the period. Brevan Howard Capital Management LP’s holdings in Synchrony Financial were worth $4,940,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Westside Investment Management Inc. boosted its holdings in Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 179 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Synchrony Financial in the 2nd quarter worth about $26,000. Salomon & Ludwin LLC increased its stake in Synchrony Financial by 54.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after buying an additional 146 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Synchrony Financial by 337.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after buying an additional 455 shares in the last quarter. Finally, Colonial Trust Co SC lifted its position in shares of Synchrony Financial by 40.2% during the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after buying an additional 136 shares in the last quarter. 96.48% of the stock is owned by institutional investors.

Insider Activity at Synchrony Financial

In related news, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $3,800,849.92. Following the sale, the insider directly owned 94,196 shares in the company, valued at approximately $6,812,254.72. The trade was a 35.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bart Schaller sold 12,980 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $878,875.80. Following the sale, the insider directly owned 34,035 shares in the company, valued at approximately $2,304,509.85. This trade represents a 27.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 379,928 shares of company stock worth $26,170,764 in the last three months. Corporate insiders own 0.33% of the company’s stock.

Synchrony Financial Trading Down 0.3%

Shares of SYF stock opened at $63.79 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The firm has a market cap of $22.17 billion, a P/E ratio of 6.87, a PEG ratio of 0.56 and a beta of 1.42. The company has a 50 day moving average of $74.15 and a 200-day moving average of $75.60. Synchrony Financial has a 12-month low of $40.54 and a 12-month high of $88.77.

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, beating the consensus estimate of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the business earned $1.91 earnings per share. Synchrony Financial’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. Sell-side analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current year.

Synchrony Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, February 6th. Synchrony Financial’s dividend payout ratio is currently 12.92%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on SYF shares. Robert W. Baird raised Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 target price for the company in a report on Friday, February 13th. Truist Financial dropped their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Wells Fargo & Company boosted their price objective on Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. reduced their price objective on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Finally, TD Cowen raised their target price on Synchrony Financial from $91.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company currently 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.