Bank of New York Mellon Corp Boosts Holdings in OneMain Holdings, Inc. $OMF

Bank of New York Mellon Corp grew its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 0.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,061,798 shares of the financial services provider’s stock after acquiring an additional 9,951 shares during the period. Bank of New York Mellon Corp’s holdings in OneMain were worth $56,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of OMF. Dimensional Fund Advisors LP increased its position in OneMain by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,033,871 shares of the financial services provider’s stock worth $272,490,000 after buying an additional 53,840 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of OneMain by 70.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,534,271 shares of the financial services provider’s stock worth $171,210,000 after buying an additional 1,047,263 shares during the period. Geode Capital Management LLC lifted its position in shares of OneMain by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,422,562 shares of the financial services provider’s stock valued at $164,017,000 after buying an additional 15,941 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of OneMain by 17.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,310,513 shares of the financial services provider’s stock valued at $156,075,000 after buying an additional 345,269 shares in the last quarter. Finally, State Street Corp lifted its position in shares of OneMain by 2.3% during the 4th quarter. State Street Corp now owns 2,305,246 shares of the financial services provider’s stock valued at $155,719,000 after buying an additional 51,592 shares in the last quarter. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Key Headlines Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate for OneMain to $1.30 from $1.72 and lowered its FY2026 forecast to $7.39 from $7.76, signaling softer profitability expectations. OneMain Q4 EPS Forecast Decreased by Northland Securities
• Negative Sentiment: Zacks published an earnings preview saying OneMain’s Q2 results are expected to decline and that the stock lacks the key setup for a likely earnings beat, which can weigh on sentiment before the report. Earnings Preview: OneMain Holdings (OMF) Q2 Earnings Expected to Decline
• Neutral Sentiment: Northland Securities also nudged its Q3 2026 EPS estimate higher to $2.02 from $1.96 and kept longer-dated estimates in view, but the overall tone remained mixed with near-term cuts offset by slightly better later-quarter projections.
• Neutral Sentiment: Northland’s Q1 2027 and Q2 2027 estimates were set at $1.84 and $1.90 per share, respectively, adding to the analyst’s updated forecast framework without providing a clear near-term catalyst.

Insider Buying and Selling

In other OneMain news, SVP Michael A. Hedlund sold 1,848 shares of OneMain stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $114,576.00. Following the sale, the senior vice president owned 13,127 shares of the company’s stock, valued at $813,874. The trade was a 12.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the chief operating officer directly owned 96,250 shares in the company, valued at approximately $5,967,500. The trade was a 4.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on OMF shares. Barclays decreased their target price on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. Truist Financial decreased their price objective on shares of OneMain from $73.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. BTIG Research restated a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Finally, TD Cowen lifted their target price on shares of OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $67.80.

OneMain Price Performance

OneMain stock opened at $58.71 on Friday. The stock has a market cap of $6.78 billion, a P/E ratio of 8.74, a PEG ratio of 0.46 and a beta of 1.22. The firm’s 50 day moving average price is $57.32 and its 200-day moving average price is $57.97. OneMain Holdings, Inc. has a 1 year low of $45.78 and a 1 year high of $71.93.

OneMain (NYSE:OMF) last announced its quarterly earnings results on Friday, May 1st. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.09. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.27 billion. OneMain had a net margin of 14.38% and a return on equity of 24.24%. OneMain’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.72 EPS. As a group, equities analysts expect that OneMain Holdings, Inc. will post 7.14 EPS for the current year.

OneMain Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 11th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date was Monday, May 11th. OneMain’s payout ratio is currently 62.50%.

About OneMain

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.