United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Acquires 213,686 Shares of Synchrony Financial $SYF

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its holdings in shares of Synchrony Financial (NYSE:SYF) by 1,003.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,986 shares of the financial services provider’s stock after purchasing an additional 213,686 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Synchrony Financial were worth $19,605,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SYF. Bank of America Corp DE boosted its position in shares of Synchrony Financial by 34.6% during the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after purchasing an additional 3,494,741 shares in the last quarter. Assetmark Inc. boosted its position in shares of Synchrony Financial by 48.3% during the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after purchasing an additional 1,416,909 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of Synchrony Financial during the 4th quarter valued at about $84,494,000. Worldquant Millennium Advisors LLC boosted its position in shares of Synchrony Financial by 222.5% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 937,296 shares of the financial services provider’s stock valued at $62,555,000 after purchasing an additional 646,642 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Synchrony Financial by 13.0% during the 4th quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock valued at $431,999,000 after purchasing an additional 592,567 shares in the last quarter. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Down 0.8%

SYF stock opened at $71.54 on Friday. Synchrony Financial has a twelve month low of $56.51 and a twelve month high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The stock’s 50 day moving average is $71.79 and its 200-day moving average is $74.78. The firm has a market capitalization of $24.06 billion, a PE ratio of 7.40, a P/E/G ratio of 0.63 and a beta of 1.37.

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

Synchrony Financial announced that its board has initiated a share 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 purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Synchrony Financial Announces Dividend

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

Insider Activity at Synchrony Financial

In related news, insider Alberto Casellas sold 14,399 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the sale, the insider directly owned 50,331 shares of the company’s stock, valued at approximately $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 64,221 shares of the company’s stock, valued at $4,313,082.36. The trade was a 42.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 374,630 shares of company stock valued at $25,731,741 in the last ninety days. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SYF shares. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. BTIG Research lowered Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Truist Financial increased their price target on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Wall Street Zen lowered Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Robert W. Baird increased their price target on Synchrony Financial from $83.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. One investment 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 stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.05.

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.