Nordea Investment Management AB Has $432 Million Stock Position in Synchrony Financial $SYF

Nordea Investment Management AB increased its stake in shares of Synchrony Financial (NYSE:SYF) by 13.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,134,903 shares of the financial services provider’s stock after purchasing an additional 592,567 shares during the period. Nordea Investment Management AB owned approximately 1.43% of Synchrony Financial worth $431,999,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB lifted its stake in Synchrony Financial by 14.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,199 shares of the financial services provider’s stock valued at $183,000 after buying an additional 283 shares during the period. Harbor Investment Advisory LLC grew its position in shares of Synchrony Financial by 53.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,511 shares of the financial services provider’s stock worth $126,000 after buying an additional 528 shares during the period. CWA Asset Management Group LLC increased its stake in shares of Synchrony Financial by 6.0% in the 4th quarter. CWA Asset Management Group LLC now owns 112,553 shares of the financial services provider’s stock valued at $9,390,000 after acquiring an additional 6,394 shares during the last quarter. Sagespring Wealth Partners LLC increased its stake in shares of Synchrony Financial by 24.9% in the 4th quarter. Sagespring Wealth Partners LLC now owns 7,123 shares of the financial services provider’s stock valued at $594,000 after acquiring an additional 1,420 shares during the last quarter. Finally, Board of the Pension Protection Fund raised its position in shares of Synchrony Financial by 26.9% in the 4th quarter. Board of the Pension Protection Fund now owns 19,800 shares of the financial services provider’s stock valued at $1,652,000 after acquiring an additional 4,200 shares during the period. Institutional investors own 96.48% of the company’s stock.

Insider Activity

In other Synchrony Financial news, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total value of $3,164,041.92. Following the sale, the insider owned 64,221 shares of the company’s stock, valued at $4,313,082.36. This trade represents a 42.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $72.32, for a total value of $3,800,849.92. Following the completion of the sale, the insider owned 94,196 shares in the company, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is currently owned by insiders.

Synchrony Financial Stock Performance

Shares of SYF stock opened at $65.90 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. The company’s 50 day moving average price is $71.92 and its two-hundred day moving average price is $75.21. The company has a market capitalization of $22.91 billion, a P/E ratio of 7.09, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42.

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

Synchrony Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.8%. Synchrony Financial’s dividend payout ratio is presently 12.92%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. BTIG Research reissued a “buy” rating and set a $96.00 price target on shares of Synchrony Financial in a research report on Wednesday, March 11th. JPMorgan Chase & Co. decreased their price target on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Finally, Royal Bank Of Canada lowered their price objective on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $87.11.

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.