Synchrony Financial $SYF Shares Sold by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd lowered its position in Synchrony Financial (NYSE:SYF) by 18.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,171 shares of the financial services provider’s stock after selling 18,770 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Synchrony Financial were worth $6,051,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp grew its stake in Synchrony Financial by 1.0% in the 3rd quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock valued at $1,355,698,000 after acquiring an additional 191,920 shares during the last quarter. Bank of America Corp DE raised its position in Synchrony Financial by 5.4% during the third quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock worth $1,018,517,000 after acquiring an additional 739,832 shares during the last quarter. Ameriprise Financial Inc. raised its position in Synchrony Financial by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 5,307,077 shares of the financial services provider’s stock worth $354,194,000 after acquiring an additional 406,796 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Synchrony Financial by 7.9% in the third quarter. Nordea Investment Management AB now owns 4,542,336 shares of the financial services provider’s stock valued at $318,236,000 after purchasing an additional 333,093 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Synchrony Financial in the second quarter valued at approximately $299,360,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Bart Schaller sold 12,980 shares of Synchrony Financial stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $878,875.80. Following the completion of the sale, the insider owned 34,035 shares in the company, valued at $2,304,509.85. The trade was a 27.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alberto Casellas sold 14,399 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 $974,956.29. Following the transaction, the insider directly owned 50,331 shares of the company’s stock, valued at approximately $3,407,912.01. This represents a 22.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 379,928 shares of company stock valued at $26,170,764. Corporate insiders own 0.32% of the company’s stock.

Synchrony Financial Stock Performance

Shares of SYF opened at $65.90 on Friday. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The company’s 50 day simple moving average is $71.92 and its 200 day simple moving average is $75.21. The company has a market capitalization of $22.91 billion, a price-to-earnings ratio of 7.09, a PEG ratio of 0.58 and a beta of 1.42. 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 (NYSE:SYF) last released its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping the consensus estimate of $2.02 by $0.16. The firm had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. Synchrony Financial’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, sell-side analysts predict that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given 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 dividend yield of 1.8%. Synchrony Financial’s payout ratio is currently 12.92%.

Analyst Upgrades and Downgrades

SYF has been the subject of a number of recent research reports. Wolfe Research assumed coverage on shares of Synchrony Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $92.00 price objective for the company. Wall Street Zen cut Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Royal Bank Of Canada dropped their price target on 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. Robert W. Baird raised Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target for the company in a report on Friday, February 13th. Finally, Wells Fargo & Company upped their price objective on Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Synchrony Financial has an average rating of “Moderate Buy” and a consensus price target 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.