13,393 Shares in Synchrony Financial $SYF Purchased by Inceptionr LLC

Inceptionr LLC bought a new position in Synchrony Financial (NYSE:SYF) during the first quarter, Holdings Channel reports. The institutional investor bought 13,393 shares of the financial services provider’s stock, valued at approximately $911,000.

A number of other large investors have also recently bought and sold shares of SYF. FWL Investment Management LLC bought a new position in shares of Synchrony Financial during the third quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Synchrony Financial in the 4th quarter worth approximately $29,000. Advisors Asset Management Inc. bought a new stake in shares of Synchrony Financial in the 4th quarter worth approximately $29,000. Palisade Asset Management LLC acquired a new position in Synchrony Financial during the 3rd quarter valued at approximately $29,000. Finally, Reflection Asset Management acquired a new position in Synchrony Financial during the 4th quarter valued at approximately $31,000. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Trading Up 1.5%

Shares of SYF stock opened at $72.88 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.22. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The stock has a fifty day moving average of $73.30 and a two-hundred day moving average of $73.06. The firm has a market capitalization of $24.51 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 0.67 and a beta of 1.32.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.45. The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the prior year, the business posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, research analysts expect that Synchrony Financial will post 9.35 EPS for the current year.

Synchrony Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, August 5th. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. This represents a $1.36 annualized dividend and a yield of 1.9%. Synchrony Financial’s dividend payout ratio is currently 12.30%.

Synchrony Financial announced that its Board of Directors has authorized a share repurchase program on Tuesday, April 21st that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

SYF has been the subject of a number of recent research reports. HSBC upped their price objective on Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. TD Cowen boosted 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. Royal Bank Of Canada reduced their price target on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a report on Wednesday. Loop Capital started coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target for the company. Finally, UBS Group increased their price objective on shares of Synchrony Financial from $77.00 to $84.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Twelve equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $86.89.

Insider Transactions at Synchrony Financial

In related news, insider Jonathan S. Mothner sold 51,258 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares in the company, valued at $9,449,656.72. This represents a 27.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by corporate insiders.

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.