Synchrony Financial $SYF Shares Sold by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA lowered its holdings in shares of Synchrony Financial (NYSE:SYF) by 53.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,999 shares of the financial services provider’s stock after selling 24,902 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Synchrony Financial were worth $1,835,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SYF. Bank of America Corp DE raised its position in Synchrony Financial by 34.6% during 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 acquiring an additional 3,494,741 shares during the last quarter. Assetmark Inc. raised its position in Synchrony Financial by 48.3% during the third quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock worth $309,001,000 after acquiring an additional 1,416,909 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in Synchrony Financial during the fourth quarter worth about $84,494,000. Worldquant Millennium Advisors LLC raised its position in Synchrony Financial by 222.5% during the second quarter. Worldquant Millennium Advisors LLC now owns 937,296 shares of the financial services provider’s stock worth $62,555,000 after acquiring an additional 646,642 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in Synchrony Financial by 13.0% during the fourth quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock worth $431,999,000 after acquiring an additional 592,567 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $73.11 on Monday. Synchrony Financial has a 1 year low of $55.10 and a 1 year high of $88.77. The firm has a 50 day moving average price of $70.63 and a 200 day moving average price of $75.03. The company has a market cap of $24.59 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 0.64 and a beta of 1.37. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24.

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

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

Synchrony Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Tuesday, May 5th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, May 5th. Synchrony Financial’s payout ratio is presently 12.41%.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the sale, the insider directly owned 50,331 shares in the company, valued at $3,407,912.01. The trade was a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the business’s stock in a transaction that occurred on 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 sale, the insider owned 64,221 shares of the company’s stock, valued at approximately $4,313,082.36. This represents a 42.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 323,372 shares of company stock valued at $22,080,634 in the last quarter. Insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on SYF. JPMorgan Chase & Co. lowered their price target on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Barclays lifted their price target on shares of Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada lowered their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a report on Wednesday, January 28th. Wall Street Zen downgraded shares of Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Truist Financial lifted their price target on shares of Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.32.

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.