Synchrony Financial $SYF Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its holdings in Synchrony Financial (NYSE:SYF) by 7.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 902,031 shares of the financial services provider’s stock after acquiring an additional 64,196 shares during the quarter. Quantinno Capital Management LP’s holdings in Synchrony Financial were worth $61,356,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC boosted 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 worth $439,000 after purchasing an additional 679 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Synchrony Financial by 36.2% in the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after purchasing an additional 9,460 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of Synchrony Financial by 7.7% in the 1st 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 in the last quarter. Geneos Wealth Management Inc. increased its holdings 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 in the last quarter. Finally, Sivia Capital Partners LLC lifted its stake in shares of Synchrony Financial by 56.1% in the second 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 period. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Barclays boosted their price objective on shares of Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Robert W. Baird increased their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their price target on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. TD Cowen boosted their price target on Synchrony Financial from $89.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Finally, HSBC upped their price target on Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Twelve equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $86.89.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $77.20 on Wednesday. The firm has a market capitalization of $25.12 billion, a PE ratio of 7.91, a P/E/G ratio of 0.71 and a beta of 1.32. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The firm’s 50-day simple moving average is $73.54 and its 200 day simple moving average is $72.80. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.45. The firm had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period last year, the firm posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities research analysts predict that Synchrony Financial will post 9.35 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be given a $0.34 dividend. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. This represents a $1.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, August 5th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.30%.

Synchrony Financial announced that its Board of Directors has approved a share repurchase plan on Tuesday, April 21st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider directly owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This trade represents a 27.87% decrease in their position. The sale was disclosed in a document filed 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.