Odyssean LLC Takes $586,000 Position in Synchrony Financial $SYF

Odyssean LLC purchased a new position in shares of Synchrony Financial (NYSE:SYF) during the second quarter, HoldingsChannel reports. The firm purchased 7,705 shares of the financial services provider’s stock, valued at approximately $586,000.

Other institutional investors also recently modified their holdings of the company. FWL Investment Management LLC acquired a new stake in Synchrony Financial in the third quarter valued at $26,000. Fideuram Asset Management Ireland dac acquired a new position in Synchrony Financial during the 4th quarter worth about $29,000. Compass Financial Management LLC acquired a new position in Synchrony Financial during the 2nd quarter worth about $29,000. Advisors Asset Management Inc. bought a new stake in shares of Synchrony Financial in the 4th quarter valued at about $29,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Synchrony Financial in the 3rd quarter valued at about $29,000. Institutional investors own 96.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SYF. HSBC increased their price target on Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Wolfe Research upped their target price on Synchrony Financial from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday. Loop Capital initiated coverage on shares of Synchrony Financial in a report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target for the company. JPMorgan Chase & Co. dropped their price target on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Friday, July 17th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and an average price target of $87.78.

Synchrony Financial Stock Performance

SYF stock opened at $79.84 on Thursday. The firm has a market cap of $25.98 billion, a PE ratio of 8.18, a price-to-earnings-growth ratio of 0.74 and a beta of 1.32. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a 50-day moving average price of $76.49 and a 200-day moving average price of $73.04. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77.

Synchrony Financial (NYSE:SYF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, beating the consensus estimate of $2.14 by $0.45. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the prior year, the company earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, equities research analysts expect that Synchrony Financial will post 9.39 earnings per share for the current year.

Synchrony Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were given a dividend of $0.34 per share. This is a positive change from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. Synchrony Financial’s payout ratio is 13.93%.

Synchrony Financial 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.