Intech Investment Management LLC Cuts Stock Position in Synchrony Financial $SYF

Intech Investment Management LLC decreased its holdings in shares of Synchrony Financial (NYSE:SYF) by 65.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,344 shares of the financial services provider’s stock after selling 85,234 shares during the quarter. Intech Investment Management LLC’s holdings in Synchrony Financial were worth $3,222,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. NewEdge Advisors LLC raised its position in shares of Synchrony Financial by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after buying an additional 679 shares in the last quarter. Woodline Partners LP increased its stake in Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock worth $1,884,000 after acquiring an additional 9,460 shares during the last quarter. Focus Partners Wealth raised its position in Synchrony Financial by 7.7% during the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 459 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 455 shares during the last quarter. Finally, Sivia Capital Partners LLC lifted its stake in shares of Synchrony Financial by 56.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock valued at $405,000 after purchasing an additional 2,178 shares during the last quarter. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Performance

Shares of NYSE:SYF opened at $68.62 on Tuesday. The firm’s 50 day simple moving average is $77.41 and its 200-day simple moving average is $76.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a one year low of $40.54 and a one year high of $88.77. The firm has a market cap of $23.85 billion, a PE ratio of 7.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.16. The company had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.Synchrony Financial’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, equities analysts predict that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s payout ratio is presently 12.92%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Truist Financial decreased their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. TD Cowen increased their target price on shares of Synchrony Financial from $91.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Wolfe Research assumed coverage on shares of Synchrony Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $92.00 target price for the company. Finally, Royal Bank Of Canada dropped their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Synchrony Financial presently has a consensus rating of “Moderate Buy” and an average target price of $87.11.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, Director Arthur W. Coviello, Jr. sold 4,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $289,280.00. Following the transaction, the director directly owned 32,444 shares in the company, valued at $2,346,350.08. This represents a 10.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the completion of the sale, the insider owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This represents a 35.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.33% of the stock is owned by corporate insiders.

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.