Kingsview Wealth Management LLC Raises Holdings in Synchrony Financial $SYF

Kingsview Wealth Management LLC grew its position in shares of Synchrony Financial (NYSE:SYF) by 7.7% in the fourth quarter, HoldingsChannel reports. The firm owned 155,219 shares of the financial services provider’s stock after buying an additional 11,075 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Synchrony Financial were worth $12,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SYF. Westside Investment Management Inc. grew its position in shares of Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 179 shares in the last quarter. FWL Investment Management LLC purchased a new position in shares of Synchrony Financial during the third quarter valued at about $26,000. Palisade Asset Management LLC purchased a new position in shares of Synchrony Financial during the third quarter valued at about $29,000. Geneos Wealth Management Inc. grew its position in shares of Synchrony Financial by 337.0% during the first 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 in the last quarter. Finally, Colonial Trust Co SC grew its position in shares of Synchrony Financial by 40.2% during the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.2%

Shares of NYSE:SYF opened at $72.05 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 12 month low of $56.51 and a 12 month high of $88.77. The company has a 50-day moving average price of $71.66 and a 200 day moving average price of $74.79. The company has a market cap of $24.23 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.63 and a beta of 1.37.

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

Synchrony Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 1.7%. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.41%.

Synchrony Financial announced that its Board of Directors has initiated a stock buyback program on Tuesday, April 21st that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

SYF has been the subject of a number of research analyst reports. Royal Bank Of Canada cut their price objective on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. Barclays increased their price target on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Robert W. Baird increased their price target on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.05.

Insiders Place Their Bets

In other Synchrony Financial news, insider Brian J. Sr. Wenzel sold 47,112 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total value of $3,164,041.92. Following the completion of the sale, the insider owned 64,221 shares of the company’s stock, valued at $4,313,082.36. This trade represents a 42.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Darrell Owens sold 3,865 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $261,699.15. Following the completion of the sale, the insider directly owned 17,432 shares of the company’s stock, valued at approximately $1,180,320.72. The trade was a 18.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 374,630 shares of company stock valued at $25,731,741 over the last quarter. Corporate insiders own 0.36% of the company’s stock.

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.