Lazard Asset Management LLC Purchases 36,452 Shares of OneMain Holdings, Inc. $OMF

Lazard Asset Management LLC boosted its position in shares of OneMain Holdings, Inc. (NYSE:OMF) by 114.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 68,360 shares of the financial services provider’s stock after purchasing an additional 36,452 shares during the period. Lazard Asset Management LLC’s holdings in OneMain were worth $3,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of OneMain in the 4th quarter valued at approximately $100,312,000. Janus Henderson Group PLC increased its stake in OneMain by 70.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,534,271 shares of the financial services provider’s stock valued at $171,210,000 after acquiring an additional 1,047,263 shares during the last quarter. Azora Capital LP raised its position in OneMain by 210.7% during the fourth quarter. Azora Capital LP now owns 1,362,934 shares of the financial services provider’s stock valued at $92,066,000 after purchasing an additional 924,302 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in OneMain by 57.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,965,244 shares of the financial services provider’s stock valued at $110,958,000 after purchasing an additional 713,670 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in OneMain by 47.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,855,709 shares of the financial services provider’s stock worth $125,353,000 after purchasing an additional 596,455 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at OneMain

In other news, SVP Michael A. Hedlund sold 2,500 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total transaction of $160,000.00. Following the sale, the senior vice president directly owned 10,627 shares in the company, valued at approximately $680,128. The trade was a 19.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the sale, the chief operating officer owned 96,250 shares in the company, valued at approximately $5,967,500. This trade represents a 4.94% 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 have sold 9,348 shares of company stock worth $584,576 over the last three months. Insiders own 0.29% of the company’s stock.

OneMain Stock Performance

Shares of OMF opened at $62.59 on Friday. OneMain Holdings, Inc. has a 52 week low of $45.78 and a 52 week high of $71.93. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 0.49 and a beta of 1.22. The stock has a fifty day moving average of $58.34 and a 200-day moving average of $57.69.

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

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, August 10th. OneMain’s dividend payout ratio (DPR) is presently 63.25%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of OneMain in a report on Friday, July 10th. Citizens Jmp raised their price objective on OneMain from $68.00 to $70.00 and gave the company a “market outperform” rating in a research note on Thursday. Truist Financial lifted their target price on OneMain from $70.00 to $71.00 and gave the company a “buy” rating in a research report on Thursday. Barclays dropped their target price 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. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.40.

Key OneMain News

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.

OneMain Profile

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.