Vise Technologies Inc. Makes New Investment in Synchrony Financial $SYF

Vise Technologies Inc. purchased a new stake in shares of Synchrony Financial (NYSE:SYF) in the second quarter, HoldingsChannel reports. The institutional investor purchased 25,674 shares of the financial services provider’s stock, valued at approximately $1,953,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. World Investment Advisors grew its position in Synchrony Financial by 0.6% during the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after buying an additional 134 shares during the period. Cullen Frost Bankers Inc. boosted its stake in shares of Synchrony Financial by 7.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after acquiring an additional 135 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Synchrony Financial by 3.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock valued at $333,000 after acquiring an additional 149 shares during the period. Legacy Financial Advisors Inc. grew its position in shares of Synchrony Financial by 5.1% during the 4th quarter. Legacy Financial Advisors Inc. now owns 3,109 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 152 shares during the period. Finally, WealthTrust Asset Management LLC increased its stake in shares of Synchrony Financial by 0.9% in the 1st quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock worth $1,187,000 after purchasing an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Price Performance

NYSE:SYF opened at $79.53 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. The business’s 50-day simple moving average is $76.16 and its two-hundred day simple moving average is $72.92. The stock has a market cap of $25.88 billion, a PE ratio of 8.15, a P/E/G ratio of 0.70 and a beta of 1.32. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data 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 business had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same period in the previous year, the business earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, analysts forecast that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were issued a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s payout ratio is presently 13.93%.

Analyst Ratings Changes

SYF has been the topic of a number of recent research reports. UBS Group raised their target price on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Wells Fargo & Company cut their price target on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Royal Bank Of Canada reduced their price target on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 22nd. TD Cowen boosted their price objective on Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Robert W. Baird raised their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Synchrony Financial has an average rating of “Moderate Buy” and a consensus target price of $87.89.

About Synchrony Financial

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.