Synchrony Financial (NYSE:SYF) Insider Sells $3,651,107.34 in Stock

Synchrony Financial (NYSE:SYF) insider Jonathan Mothner sold 51,258 shares of Synchrony Financial stock in a transaction on Friday, May 15th. The shares were sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the sale, the insider directly owned 132,664 shares of the company’s stock, valued at approximately $9,449,656.72. This trade represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synchrony Financial Stock Down 2.4%

SYF traded down $1.68 during midday trading on Tuesday, hitting $69.37. The company had a trading volume of 4,305,769 shares, compared to its average volume of 4,391,547. Synchrony Financial has a 52 week low of $55.67 and a 52 week high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $23.33 billion, a price-to-earnings ratio of 7.17, a PEG ratio of 0.62 and a beta of 1.37. The stock’s 50 day moving average price is $70.75 and its 200 day moving average price is $74.90.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The business’s revenue was down 7.4% on a year-over-year basis. During the same period last year, the company earned $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, research analysts anticipate that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.41%.

Synchrony Financial declared that its Board of Directors has initiated a share repurchase plan on Tuesday, April 21st that allows the company to buyback $0.00 in shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts recently weighed in on SYF shares. Compass Point upgraded shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target on the stock in a report on Wednesday, January 28th. Truist Financial boosted their price target on shares of Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Wells Fargo & Company cut their price target on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Finally, Royal Bank Of Canada cut their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Synchrony Financial currently has a consensus rating of “Moderate Buy” and an average price target of $86.32.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. World Investment Advisors boosted its stake in Synchrony Financial by 0.6% in the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after acquiring an additional 134 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Synchrony Financial by 7.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock valued at $166,000 after acquiring an additional 135 shares during the last quarter. Colonial Trust Co SC boosted its stake in Synchrony Financial by 40.2% in the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 136 shares during the last quarter. CoreCap Advisors LLC boosted its stake in Synchrony Financial by 34.4% in the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 139 shares during the last quarter. Finally, United Community Bank boosted its stake in Synchrony Financial by 3.4% in the third quarter. United Community Bank now owns 4,469 shares of the financial services provider’s stock valued at $318,000 after acquiring an additional 145 shares during the last quarter. 96.48% of the stock is currently owned by hedge funds and other institutional investors.

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.