Synchrony Financial $SYF is Helix Partners Management LP’s 7th Largest Position

Helix Partners Management LP lifted its stake in shares of Synchrony Financial (NYSE:SYF) by 75.0% during the first quarter, HoldingsChannel.com reports. The firm owned 77,000 shares of the financial services provider’s stock after purchasing an additional 33,000 shares during the quarter. Synchrony Financial makes up 1.4% of Helix Partners Management LP’s portfolio, making the stock its 7th largest position. Helix Partners Management LP’s holdings in Synchrony Financial were worth $5,238,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. FWL Investment Management LLC purchased a new position in Synchrony Financial during the 3rd quarter valued at about $26,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Synchrony Financial during the fourth quarter valued at about $29,000. Advisors Asset Management Inc. purchased a new stake in shares of Synchrony Financial in the fourth quarter worth about $29,000. Palisade Asset Management LLC bought a new position in shares of Synchrony Financial in the third quarter valued at approximately $29,000. Finally, Reflection Asset Management bought a new position in shares of Synchrony Financial in the fourth quarter valued at approximately $31,000. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Trading Up 1.5%

Shares of Synchrony Financial stock opened at $72.88 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.24. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The firm has a market cap of $24.51 billion, a PE ratio of 7.47, a PEG ratio of 0.67 and a beta of 1.32. The company has a 50 day simple moving average of $73.30 and a two-hundred day simple moving average of $73.06.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.45. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same quarter in the prior year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Analysts expect that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.9%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, August 5th. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.30%.

Synchrony Financial declared that its board has initiated a share repurchase program on Tuesday, April 21st that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SYF. TD Cowen boosted their price objective on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Royal Bank Of Canada lowered their target price on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Robert W. Baird raised their price target on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday. HSBC boosted their price target on shares of Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Finally, Truist Financial upped 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. Twelve analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $86.89.

Insider Buying and Selling

In related news, insider Jonathan S. Mothner sold 51,258 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the transaction, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by corporate insiders.

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.