Entropy Technologies LP Raises Holdings in SLM Corporation $SLM

Entropy Technologies LP increased its holdings in SLM Corporation (NASDAQ:SLM) by 146.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,570 shares of the credit services provider’s stock after buying an additional 26,460 shares during the period. Entropy Technologies LP’s holdings in SLM were worth $954,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in SLM by 33.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 547,724 shares of the credit services provider’s stock valued at $16,087,000 after acquiring an additional 137,285 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of SLM by 63.1% in the 1st quarter. SG Americas Securities LLC now owns 261,392 shares of the credit services provider’s stock valued at $5,596,000 after acquiring an additional 101,120 shares during the period. Captrust Financial Advisors raised its position in shares of SLM by 31.3% in the 4th quarter. Captrust Financial Advisors now owns 53,673 shares of the credit services provider’s stock worth $1,452,000 after acquiring an additional 12,793 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of SLM in the 1st quarter worth $263,000. Finally, Triumph Capital Management bought a new position in shares of SLM in the 3rd quarter worth $69,000. Hedge funds and other institutional investors own 98.94% of the company’s stock.

SLM Stock Performance

Shares of SLM stock opened at $25.19 on Wednesday. The business’s fifty day simple moving average is $23.72 and its 200-day simple moving average is $23.25. The company has a market cap of $4.73 billion, a PE ratio of 7.04, a PEG ratio of 2.21 and a beta of 0.94. The company has a current ratio of 1.33, a quick ratio of 1.32 and a debt-to-equity ratio of 2.63. SLM Corporation has a 12-month low of $17.77 and a 12-month high of $33.17.

SLM (NASDAQ:SLM) last issued its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.17). The business had revenue of $401.11 million for the quarter, compared to analysts’ expectations of $409.22 million. SLM had a net margin of 26.09% and a return on equity of 33.81%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.32 EPS. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Analysts expect that SLM Corporation will post 3.12 earnings per share for the current fiscal year.

SLM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a $0.13 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 2.1%. SLM’s dividend payout ratio (DPR) is 14.53%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Barclays reaffirmed an “equal weight” rating and set a $26.00 price objective (down from $30.00) on shares of SLM in a research report on Tuesday, July 7th. Zacks Research downgraded shares of SLM from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Wall Street Zen lowered shares of SLM from a “hold” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company set a $28.00 price target on shares of SLM in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of SLM from $24.00 to $25.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $29.80.

About SLM

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.

Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.