Intech Investment Management LLC Acquires 41,782 Shares of Synchrony Financial $SYF

Intech Investment Management LLC boosted its holdings in Synchrony Financial (NYSE:SYF) by 92.1% in the fourth quarter, Holdings Channel reports. The firm owned 87,126 shares of the financial services provider’s stock after purchasing an additional 41,782 shares during the quarter. Intech Investment Management LLC’s holdings in Synchrony Financial were worth $7,269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SYF. Bank of America Corp DE grew its position in shares of Synchrony Financial by 34.6% in 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 acquiring an additional 3,494,741 shares during the period. Assetmark Inc. grew its position in shares of Synchrony Financial by 48.3% in the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after acquiring an additional 1,416,909 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in shares of Synchrony Financial in the 4th quarter valued at about $84,494,000. Worldquant Millennium Advisors LLC grew its position in shares of Synchrony Financial by 222.5% in 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 acquiring an additional 646,642 shares during the period. Finally, Nordea Investment Management AB grew its position in shares of Synchrony Financial by 13.0% in 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 acquiring an additional 592,567 shares during the period. Institutional investors own 96.48% of the company’s stock.

Insiders Place Their Bets

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at $3,407,912.01. The trade was a 22.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the sale, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This trade represents a 27.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 374,630 shares of company stock worth $25,731,741. 0.36% of the stock is currently owned by insiders.

Synchrony Financial Stock Performance

NYSE SYF opened at $71.44 on Friday. The firm has a 50-day moving average of $71.92 and a 200-day moving average of $74.76. 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 market cap of $24.03 billion, a PE ratio of 7.39, a P/E/G ratio of 0.62 and a beta of 1.37. Synchrony Financial has a 52-week low of $56.51 and a 52-week high of $88.77.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.13. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The business had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the previous year, the company earned $1.89 EPS. The business’s revenue was down 7.4% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, sell-side analysts anticipate that Synchrony Financial will post 9.29 EPS for the current year.

Synchrony Financial announced that its Board of Directors has authorized a stock repurchase 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. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 1.7%. Synchrony Financial’s payout ratio is 12.41%.

Analyst Ratings Changes

A number of brokerages have recently commented on SYF. Wall Street Zen downgraded shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Loop Capital began coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. JPMorgan Chase & Co. decreased their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Barclays lifted their price objective on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Synchrony Financial has a consensus 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.