Savant Capital LLC Cuts Stock Holdings in Synchrony Financial $SYF

Savant Capital LLC trimmed its position in shares of Synchrony Financial (NYSE:SYF) by 90.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,477 shares of the financial services provider’s stock after selling 87,699 shares during the period. Savant Capital LLC’s holdings in Synchrony Financial were worth $791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SYF. Westside Investment Management Inc. increased its holdings in shares of Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 179 shares in the last quarter. FWL Investment Management LLC purchased a new stake in shares of Synchrony Financial during the third quarter worth $26,000. Palisade Asset Management LLC purchased a new stake in shares of Synchrony Financial during the third quarter worth $29,000. Geneos Wealth Management Inc. grew its holdings in shares of Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after buying an additional 455 shares in the last quarter. Finally, Colonial Trust Co SC grew its holdings in shares of Synchrony Financial by 40.2% during the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after buying an additional 136 shares in the last quarter. 96.48% of the stock is owned by hedge funds and other institutional investors.

Synchrony Financial Trading Up 0.2%

NYSE SYF opened at $70.99 on Wednesday. The firm’s 50-day moving average is $72.02 and its two-hundred day moving average is $74.73. Synchrony Financial has a 12 month low of $56.97 and a 12 month high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $23.88 billion, a P/E ratio of 7.34, a PEG ratio of 0.62 and a beta of 1.33.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the prior year, the company posted $1.89 earnings per share. Synchrony Financial’s revenue for the quarter was down 7.4% compared to the same quarter last year. 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 earnings per share for the current year.

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $0.30 dividend. 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 1.7%. Synchrony Financial’s dividend payout ratio is presently 12.41%.

Synchrony Financial announced that its Board of Directors has initiated a share buyback program on Tuesday, April 21st that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SYF shares. Robert W. Baird boosted their price target 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. Truist Financial boosted their price target on shares of Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. Barclays boosted their price target 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. Finally, Loop Capital started coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Synchrony Financial currently has an average rating of “Moderate Buy” and a consensus target price of $86.05.

Insider Buying and Selling

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 value of $3,651,107.34. Following the transaction, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by insiders.

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.