UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $317.46 Million Stake in Synchrony Financial $SYF

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Synchrony Financial (NYSE:SYF) by 2.0% during the second quarter, HoldingsChannel reports. The firm owned 4,174,429 shares of the financial services provider’s stock after selling 86,574 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Synchrony Financial were worth $317,465,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Synchrony Financial in the 2nd quarter valued at $2,349,452,000. Bank of America Corp DE acquired a new position in shares of Synchrony Financial during the 2nd quarter valued at $1,122,961,000. Norges Bank bought a new position in Synchrony Financial during the fourth quarter worth $383,231,000. Legal & General Group Plc bought a new position in Synchrony Financial during the second quarter worth $209,305,000. Finally, Bank of New York Mellon Corp acquired a new stake in Synchrony Financial in the second quarter worth $193,684,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Robert W. Baird upped their price objective 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. Wells Fargo & Company reduced their target price on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Royal Bank Of Canada decreased their target price on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 22nd. TD Cowen upped 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, Wolfe Research increased their price target on Synchrony Financial from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Twelve investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $87.78.

Synchrony Financial Stock Down 1.2%

Synchrony Financial stock opened at $77.12 on Tuesday. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77. The firm has a market capitalization of $25.09 billion, a price-to-earnings ratio of 7.90, a price-to-earnings-growth ratio of 0.71 and a beta of 1.32. The firm’s fifty day moving average price is $76.67 and its two-hundred day moving average price is $73.13. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The firm had revenue of $3.72 billion during the quarter, compared to analysts’ expectations 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 company earned $2.50 earnings per share. 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 9.38 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were paid a dividend of $0.34 per share. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.8%. Synchrony Financial’s dividend payout ratio (DPR) is presently 13.93%.

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.