Burney Co. Sells 17,198 Shares of Synchrony Financial $SYF

Burney Co. reduced its position in Synchrony Financial (NYSE:SYF) by 15.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 95,738 shares of the financial services provider’s stock after selling 17,198 shares during the period. Burney Co.’s holdings in Synchrony Financial were worth $6,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Unison Advisors LLC boosted its holdings in shares of Synchrony Financial by 0.4% in the first quarter. Unison Advisors LLC now owns 106,699 shares of the financial services provider’s stock worth $7,258,000 after buying an additional 399 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in Synchrony Financial by 1.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 30,477 shares of the financial services provider’s stock valued at $2,111,000 after buying an additional 411 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in Synchrony Financial by 12.7% during the first quarter. V Square Quantitative Management LLC now owns 10,958 shares of the financial services provider’s stock valued at $745,000 after buying an additional 1,233 shares during the last quarter. HB Wealth Management LLC raised its position in Synchrony Financial by 26.6% in the first quarter. HB Wealth Management LLC now owns 19,357 shares of the financial services provider’s stock worth $1,317,000 after acquiring an additional 4,068 shares during the period. Finally, World Investment Advisors raised its position in Synchrony Financial by 0.6% in the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock worth $1,556,000 after acquiring an additional 134 shares during the period. Institutional investors own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SYF shares. Loop Capital initiated coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. Truist Financial raised their target price on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Barclays lifted their target price on Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. BTIG Research lowered Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $86.47.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial 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 completion of the transaction, the insider directly owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This trade represents a 27.87% decrease in their position. 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 insiders.

Synchrony Financial Stock Performance

NYSE:SYF opened at $77.04 on Tuesday. The stock has a market capitalization of $25.91 billion, a P/E ratio of 7.97, a P/E/G ratio of 0.67 and a beta of 1.32. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77. The stock has a 50-day moving average price of $73.51 and a 200 day moving average price of $74.17.

Synchrony Financial (NYSE:SYF) last announced its quarterly 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 return on equity of 23.41% and a net margin of 15.80%.The company had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same period in the prior year, the company earned $1.89 earnings per share. The firm’s 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. Equities research analysts forecast that Synchrony Financial will post 9.34 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 1.6%. Synchrony Financial’s dividend payout ratio (DPR) is 12.41%.

Synchrony Financial declared that its board has approved a stock buyback program on Tuesday, April 21st that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.