OneMain (NYSE:OMF) SVP Michael Hedlund Sells 2,500 Shares

OneMain Holdings, Inc. (NYSE:OMF) SVP Michael Hedlund sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total value of $160,000.00. Following the sale, the senior vice president directly owned 10,627 shares of the company’s stock, valued at $680,128. This trade represents a 19.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

OneMain Price Performance

Shares of OneMain stock opened at $62.59 on Friday. The firm has a market cap of $7.23 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 0.49 and a beta of 1.22. The stock has a 50-day simple moving average of $58.34 and a 200-day simple moving average of $57.69. OneMain Holdings, Inc. has a 52-week low of $45.78 and a 52-week high of $71.93.

OneMain (NYSE:OMF) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 EPS 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 firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the company posted $1.45 earnings per share. The firm’s revenue was up 6.7% on a year-over-year basis. As a group, equities research analysts predict that OneMain Holdings, Inc. will post 7.05 earnings per share for the current year.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Monday, August 10th. OneMain’s payout ratio is currently 63.25%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Citigroup restated a “market outperform” rating on shares of OneMain in a report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneMain in a report on Tuesday, July 7th. BTIG Research reissued a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Wells Fargo & Company lowered their target price on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 9th. Finally, Citizens Jmp raised their target price on OneMain from $68.00 to $70.00 and gave the company a “market outperform” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $68.40.

Hedge Funds Weigh In On OneMain

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC raised its position in shares of OneMain by 117.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 202 shares during the period. Core Wealth Advisors LLC bought a new stake in shares of OneMain during the 4th quarter worth $31,000. Atlantic Union Bankshares Corp bought a new stake in shares of OneMain during the 4th quarter worth $36,000. Transamerica Financial Advisors LLC grew its stake in OneMain by 88.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock valued at $45,000 after buying an additional 314 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in OneMain in the 3rd quarter valued at $46,000. Institutional investors and hedge funds own 85.82% of the company’s stock.

Trending Headlines about OneMain

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.

About OneMain

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.