Arbejdsmarkedets Tillaegspension Boosts Stock Holdings in Synchrony Financial $SYF

Arbejdsmarkedets Tillaegspension grew its position in shares of Synchrony Financial (NYSE:SYF) by 31.2% during the first quarter, Holdings Channel reports. The institutional investor owned 376,640 shares of the financial services provider’s stock after purchasing an additional 89,528 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Synchrony Financial were worth $25,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank bought a new position in Synchrony Financial in the 4th quarter worth about $383,231,000. Bank of America Corp DE grew its position in Synchrony Financial by 34.6% during the second quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock worth $907,356,000 after buying an additional 3,494,741 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of Synchrony Financial during the 4th quarter valued at about $84,494,000. Worldquant Millennium Advisors LLC grew its holdings in shares of Synchrony Financial by 222.5% during the second quarter. Worldquant Millennium Advisors LLC now owns 937,296 shares of the financial services provider’s stock worth $62,555,000 after purchasing an additional 646,642 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Synchrony Financial by 13.0% during the fourth quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock worth $431,999,000 after purchasing an additional 592,567 shares in the last quarter. 96.48% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SYF shares. JPMorgan Chase & Co. lowered their target price on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Loop Capital started coverage on shares of Synchrony Financial in a report on Friday, May 22nd. They issued a “hold” rating and a $81.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Robert W. Baird lifted their price objective on shares of Synchrony Financial from $83.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. Finally, Barclays upped their target price on shares of Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Synchrony Financial has a consensus rating of “Moderate Buy” and a consensus price target of $86.21.

Insider Buying and Selling

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the firm’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 completion of the sale, the insider directly owned 132,664 shares in the company, valued at $9,449,656.72. This trade represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by company insiders.

Synchrony Financial Price Performance

SYF stock opened at $72.49 on Monday. The firm has a market cap of $24.38 billion, a P/E ratio of 7.50, a P/E/G ratio of 0.68 and a beta of 1.32. The firm’s fifty day moving average is $73.17 and its 200 day moving average is $73.78. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.13. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same period last year, the firm earned $1.89 earnings per share. Synchrony Financial’s quarterly 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. Research analysts predict that Synchrony Financial will post 9.33 earnings per share for the current year.

Synchrony Financial Dividend Announcement

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

Synchrony Financial announced that its board has authorized a stock buyback plan on Tuesday, April 21st that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the financial services provider to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is 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.