Aware Super Pty Ltd as trustee of Aware Super Purchases New Shares in Synchrony Financial $SYF

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Synchrony Financial (NYSE:SYF) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 559,855 shares of the financial services provider’s stock, valued at approximately $38,081,000. Aware Super Pty Ltd as trustee of Aware Super owned approximately 0.17% of Synchrony Financial at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FWL Investment Management LLC bought a new stake in Synchrony Financial during the third quarter worth about $26,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial during the 4th quarter valued at $29,000. Advisors Asset Management Inc. bought a new stake in Synchrony Financial in the 4th quarter worth about $29,000. Palisade Asset Management LLC purchased a new position in Synchrony Financial in the 3rd quarter worth about $29,000. Finally, Reflection Asset Management bought a new position in Synchrony Financial during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction on 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 sale, the insider owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

SYF has been the topic of a number of recent analyst reports. Robert W. Baird raised their price target on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday. Truist Financial increased their price objective 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. HSBC raised their target price on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Monday. Finally, Loop Capital began coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They set a “hold” rating and a $81.00 target price for the company. Twelve equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.32.

Synchrony Financial Price Performance

SYF stock opened at $74.19 on Friday. Synchrony Financial has a one year low of $63.08 and a one year high of $88.77. The company’s fifty day moving average price is $73.09 and its 200-day moving average price is $73.46. 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 company has a market capitalization of $24.96 billion, a PE ratio of 7.67, a price-to-earnings-growth ratio of 0.69 and a beta of 1.32.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.13. The company had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. Synchrony Financial’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the company posted $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, equities analysts anticipate that Synchrony Financial will post 9.34 EPS for the current fiscal year.

Synchrony Financial declared that its Board of Directors has approved a share 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Synchrony Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued 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 dividend yield of 1.6%. Synchrony Financial’s dividend payout ratio (DPR) is 12.41%.

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.