One Wealth Advisors LLC Acquires Shares of 10,113 Synchrony Financial $SYF

One Wealth Advisors LLC bought a new position in shares of Synchrony Financial (NYSE:SYF) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,113 shares of the financial services provider’s stock, valued at approximately $769,000.

Several other institutional investors have also recently made changes to their positions in the company. KTF Investments LLC purchased a new stake in shares of Synchrony Financial in the 4th quarter worth about $3,923,000. Assenagon Asset Management S.A. lifted its position in Synchrony Financial by 959.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider’s stock valued at $37,131,000 after acquiring an additional 494,354 shares during the period. Jefferies Financial Group Inc. lifted its position in Synchrony Financial by 701.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider’s stock valued at $10,095,000 after acquiring an additional 105,907 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in Synchrony Financial during the fourth quarter worth about $84,494,000. Finally, Forsta AP Fonden boosted its stake in Synchrony Financial by 7.7% during the fourth quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider’s stock worth $19,097,000 after acquiring an additional 16,400 shares in the last quarter. Institutional investors own 96.48% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on SYF shares. Robert W. Baird raised their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. TD Cowen boosted their price target on Synchrony Financial from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. BTIG Research downgraded Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. cut their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Finally, Barclays raised their price objective on Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Twelve equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.89.

Synchrony Financial Stock Up 1.2%

NYSE:SYF opened at $81.04 on Friday. The firm has a market cap of $26.37 billion, a P/E ratio of 8.30, a P/E/G ratio of 0.76 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77. The firm has a 50-day simple moving average of $75.37 and a two-hundred day simple moving average of $72.73.

Synchrony Financial (NYSE:SYF) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.45. The business had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period in the previous year, the company earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Analysts predict that Synchrony Financial will post 9.37 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be given a $0.34 dividend. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $1.36 annualized dividend and a yield of 1.7%. Synchrony Financial’s payout ratio is currently 13.93%.

Synchrony Financial announced that its board has approved a share buyback program on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

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.