Hsbc Holdings PLC raised its stake in shares of Synchrony Financial (NYSE:SYF – Free Report) by 13.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,033,102 shares of the financial services provider’s stock after acquiring an additional 242,523 shares during the period. Hsbc Holdings PLC’s holdings in Synchrony Financial were worth $138,252,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the stock. FWL Investment Management LLC acquired a new position in shares of Synchrony Financial in the third quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Synchrony Financial during the fourth quarter worth $29,000. Advisors Asset Management Inc. acquired a new stake in shares of Synchrony Financial during the fourth quarter worth $29,000. Palisade Asset Management LLC purchased a new position in Synchrony Financial in the 3rd quarter valued at $29,000. Finally, Reflection Asset Management purchased a new position in Synchrony Financial in the 4th quarter valued at $31,000. 96.48% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have commented on SYF. Loop Capital initiated coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. Wells Fargo & Company dropped their price target 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. Barclays boosted their price target on shares of Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Finally, Robert W. Baird raised their price objective on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Twelve equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.32.
Synchrony Financial Trading Down 0.7%
NYSE:SYF opened at $73.74 on Friday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a fifty day moving average price of $73.10 and a two-hundred day moving average price of $73.46. The stock has a market capitalization of $24.80 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 0.69 and a beta of 1.32.
Synchrony Financial (NYSE:SYF – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.13. The business had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The business’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, sell-side analysts anticipate that Synchrony Financial will post 9.34 earnings per share for the current fiscal year.
Synchrony Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. Synchrony Financial’s payout ratio is currently 12.41%.
Synchrony Financial announced that its board has authorized a share repurchase program on Tuesday, April 21st that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
Key Stories Impacting Synchrony Financial
Here are the key news stories impacting Synchrony Financial this week:
- Positive Sentiment: Zacks Research raised its estimates for Synchrony’s Q2 2028 earnings, reflecting a slightly more optimistic longer-term outlook for the company. Synchrony Financial analyst estimate update
- Positive Sentiment: Analysts also increased FY2028 EPS estimates, suggesting continued confidence in Synchrony’s earnings power over the next few years. Synchrony Financial analyst estimate update
- Neutral Sentiment: Another pre-earnings note highlighted potential support from stronger purchase volumes and a wider net interest margin, which could help Synchrony beat Q2 expectations. Will Higher Purchase Volumes Fuel Synchrony’s Q2 Earnings Beat?
- Neutral Sentiment: Investors are also watching the company’s July 21 earnings release closely, with market focus centered on whether key operating metrics will support a beat. Countdown to Synchrony (SYF) Q2 Earnings
- Negative Sentiment: Zacks Research trimmed several near- to medium-term EPS estimates, including Q3 2026, Q4 2026, Q1 2027, Q3 2027, Q4 2027, and FY2027, which can pressure the stock by signaling softer expected profitability ahead. Synchrony Financial analyst estimate update
Insiders Place Their Bets
In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. This represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.36% of the company’s stock.
Synchrony Financial Company 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.
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