Synchrony Financial (NYSE:SYF) Insider Sells $14,941,608.72 in Stock

Synchrony Financial (NYSE:SYF) insider Brian Doubles sold 217,554 shares of Synchrony Financial stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $68.68, for a total value of $14,941,608.72. Following the transaction, the insider directly owned 829,222 shares of the company’s stock, valued at approximately $56,950,966.96. The trade was a 20.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Synchrony Financial Stock Down 0.4%

SYF opened at $69.00 on Friday. The firm has a market cap of $23.98 billion, a price-to-earnings ratio of 7.43, a PEG ratio of 0.61 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. The firm’s 50-day simple moving average is $76.44 and its 200-day simple moving average is $75.88. Synchrony Financial has a twelve month low of $40.54 and a twelve month high of $88.77.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts anticipate that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were given a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. Synchrony Financial’s dividend payout ratio is 12.92%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. JPMorgan Chase & Co. reduced their price objective on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. BTIG Research cut their price target on Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. TD Cowen increased their price objective on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Wolfe Research began coverage on shares of Synchrony Financial in a research report on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective for the company. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and a consensus target price of $87.11.

Institutional Trading of Synchrony Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tulsa Wealth Advisors INC bought a new position in shares of Synchrony Financial in the 4th quarter valued at about $260,000. Reflection Asset Management acquired a new position in Synchrony Financial in the fourth quarter valued at approximately $31,000. Groupama Asset Managment acquired a new position in Synchrony Financial in the fourth quarter valued at approximately $207,000. DGS Capital Management LLC boosted its stake in Synchrony Financial by 17.5% in the fourth quarter. DGS Capital Management LLC now owns 19,271 shares of the financial services provider’s stock valued at $1,608,000 after acquiring an additional 2,865 shares during the last quarter. Finally, Kera Capital Partners Inc. grew its holdings in Synchrony Financial by 56.9% during the 4th quarter. Kera Capital Partners Inc. now owns 9,427 shares of the financial services provider’s stock worth $786,000 after acquiring an additional 3,418 shares during the period. 96.48% of the stock is owned by institutional investors.

Synchrony Financial Company 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.