Daiichi Life Insurance Co. Ltd. Takes Position in Synchrony Financial $SYF

Daiichi Life Insurance Co. Ltd. bought a new stake in shares of Synchrony Financial (NYSE:SYF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,407 shares of the financial services provider’s stock, valued at approximately $639,000.

Other large investors also recently added to or reduced their stakes in the company. FWL Investment Management LLC bought a new position in shares of Synchrony Financial during the third quarter valued at about $26,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Synchrony Financial in the fourth quarter worth about $29,000. Advisors Asset Management Inc. bought a new stake in shares of Synchrony Financial in the 4th quarter valued at about $29,000. Palisade Asset Management LLC bought a new stake in shares of Synchrony Financial in the 3rd quarter valued at about $29,000. Finally, Reflection Asset Management purchased a new stake in Synchrony Financial during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on SYF shares. Wells Fargo & Company reduced their price target on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Loop Capital initiated coverage on Synchrony Financial in a research note on Friday, May 22nd. They set a “hold” rating and a $81.00 price objective for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. 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 note on Monday, July 13th. Finally, TD Cowen upped their price target on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Twelve equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Stock Up 0.7%

NYSE SYF opened at $80.06 on Tuesday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The stock has a market capitalization of $26.05 billion, a PE ratio of 8.20, a PEG ratio of 0.73 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The business’s 50-day moving average is $76.26 and its 200 day moving average is $72.96.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. During the same quarter in the prior year, the company posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Sell-side analysts forecast that Synchrony Financial will post 9.37 earnings per share for the current year.

Synchrony Financial Increases Dividend

The firm also recently announced 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 represents a $1.36 annualized dividend and a dividend yield of 1.7%. 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. Synchrony Financial’s payout ratio is presently 13.93%.

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.