Rep. Josh Gottheimer Sells Off Shares of Synchrony Financial (NYSE:SYF)

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Synchrony Financial (NYSE:SYF). In a filing disclosed on May 19th, the Representative disclosed that they had sold between $15,001 and $50,000 in Synchrony Financial stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – ACTIVE ASSET ACCOUNT # 3” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
• Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
• Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.

Synchrony Financial Trading Up 3.8%

Shares of NYSE:SYF opened at $72.06 on Thursday. The business’s 50 day simple moving average is $70.91 and its 200 day simple moving average is $74.86. Synchrony Financial has a 1 year low of $55.67 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market capitalization of $24.24 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.60 and a beta of 1.37.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 23.41% and a net margin of 15.80%.The company’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.89 EPS. 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 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s payout ratio is 12.41%.

Synchrony Financial announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 21st that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Institutional Trading of Synchrony Financial

Several institutional investors and hedge funds have recently modified their holdings of SYF. Westside Investment Management Inc. boosted its stake in Synchrony Financial by 100.0% in the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after buying an additional 179 shares in the last quarter. FWL Investment Management LLC bought a new position in shares of Synchrony Financial in the third quarter worth about $26,000. Fideuram Asset Management Ireland dac bought a new position in Synchrony Financial in the 4th quarter valued at approximately $29,000. Advisors Asset Management Inc. acquired a new position in shares of Synchrony Financial during the fourth quarter worth $29,000. Finally, Palisade Asset Management LLC bought a new position in shares of Synchrony Financial in the 3rd quarter valued at $29,000. 96.48% of the stock is currently owned by institutional investors.

Insider Activity at Synchrony Financial

In related news, insider Brian J. Sr. Wenzel sold 47,112 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the sale, the insider owned 64,221 shares in the company, valued at $4,313,082.36. The trade was a 42.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Alberto Casellas sold 14,399 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the completion of the transaction, the insider directly owned 50,331 shares of the company’s stock, valued at approximately $3,407,912.01. The trade was a 22.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 374,630 shares of company stock worth $25,731,741 over the last 90 days. 0.36% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on SYF. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Monday, April 20th. Wells Fargo & Company reduced their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. decreased their target price on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Truist Financial boosted their target price on shares of Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. Finally, BTIG Research downgraded shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.32.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.