223,202 Shares in Synchrony Financial $SYF Purchased by Chou Associates Management Inc.

Chou Associates Management Inc. acquired a new stake in Synchrony Financial (NYSE:SYF) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 223,202 shares of the financial services provider’s stock, valued at approximately $16,975,000. Synchrony Financial makes up approximately 7.8% of Chou Associates Management Inc.’s investment portfolio, making the stock its 3rd biggest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. purchased a new position in shares of Synchrony Financial during the 4th quarter worth approximately $29,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Synchrony Financial in the 4th quarter valued at approximately $29,000. FWL Investment Management LLC purchased a new stake in shares of Synchrony Financial in the third quarter valued at approximately $26,000. Reflection Asset Management purchased a new stake in shares of Synchrony Financial in the fourth quarter valued at approximately $31,000. Finally, Palisade Asset Management LLC acquired a new position in Synchrony Financial during the third quarter worth $29,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analysts Set New Price Targets

SYF has been the subject of several research analyst reports. UBS Group increased their price objective on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. decreased their target price on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. HSBC upped their price target on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. Finally, Wells Fargo & Company reduced their price objective on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Twelve research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Stock Performance

NYSE SYF opened at $79.53 on Friday. The business has a 50 day moving average price of $76.16 and a 200 day moving average price of $72.92. The company has a market capitalization of $25.88 billion, a P/E ratio of 8.15, a PEG ratio of 0.73 and a beta of 1.32. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22.

Synchrony Financial (NYSE:SYF) last posted its 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 company 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. Sell-side analysts expect that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

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

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.