Michael Hedlund Sells 2,500 Shares of OneMain (NYSE:OMF) Stock

OneMain Holdings, Inc. (NYSE:OMF) SVP Michael Hedlund sold 2,500 shares of OneMain stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total value of $160,000.00. Following the completion of the transaction, the senior vice president directly owned 10,627 shares in the company, valued at $680,128. This represents a 19.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

OneMain Price Performance

NYSE OMF traded down $0.81 on Friday, hitting $62.59. 847,058 shares of the company were exchanged, compared to its average volume of 1,345,890. OneMain Holdings, Inc. has a twelve month low of $45.78 and a twelve month high of $71.93. The firm has a market capitalization of $7.23 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 0.48 and a beta of 1.22. The company’s 50 day moving average price is $58.16 and its 200-day moving average price is $57.66.

OneMain (NYSE:OMF) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.28 billion. OneMain had a net margin of 13.92% and a return on equity of 23.48%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the company posted $1.45 earnings per share. As a group, equities analysts expect that OneMain Holdings, Inc. will post 7.09 EPS for the current year.

OneMain Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 10th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 dividend on an annualized basis and a yield of 6.7%. OneMain’s dividend payout ratio (DPR) is currently 63.25%.

Analyst Ratings Changes

A number of analysts have recently issued reports on OMF shares. Barclays reduced their target price on OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Royal Bank Of Canada upped their price target on OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research report on Thursday. Citigroup reissued a “market outperform” rating on shares of OneMain in a research note on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of OneMain in a research report on Tuesday, July 7th. Finally, TD Cowen lifted their target price on OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, OneMain presently has a consensus rating of “Moderate Buy” and an average target price of $68.40.

Institutional Investors Weigh In On OneMain

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OMF. Allspring Global Investments Holdings LLC grew its stake in OneMain by 24.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 259,803 shares of the financial services provider’s stock valued at $17,945,000 after purchasing an additional 50,521 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of OneMain during the 4th quarter worth about $5,310,000. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of OneMain by 39.0% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 126,492 shares of the financial services provider’s stock worth $8,553,000 after purchasing an additional 35,466 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of OneMain during the 1st quarter valued at about $1,638,000. Finally, Illinois Municipal Retirement Fund lifted its holdings in shares of OneMain by 37.6% during the 1st quarter. Illinois Municipal Retirement Fund now owns 104,527 shares of the financial services provider’s stock valued at $5,591,000 after buying an additional 28,536 shares during the last quarter. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.