New York State Teachers Retirement System Lowers Stock Holdings in Bread Financial Holdings, Inc. $BFH

New York State Teachers Retirement System decreased its holdings in Bread Financial Holdings, Inc. (NYSE:BFH) by 13.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,395 shares of the company’s stock after selling 8,229 shares during the quarter. New York State Teachers Retirement System owned approximately 0.12% of Bread Financial worth $3,849,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BFH. Kemnay Advisory Services Inc. purchased a new position in shares of Bread Financial during the 4th quarter worth about $28,000. Cullen Frost Bankers Inc. purchased a new stake in Bread Financial in the fourth quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in Bread Financial by 141.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 562 shares of the company’s stock valued at $31,000 after purchasing an additional 329 shares during the period. EverSource Wealth Advisors LLC increased its position in Bread Financial by 127.2% during the second quarter. EverSource Wealth Advisors LLC now owns 711 shares of the company’s stock worth $41,000 after purchasing an additional 398 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in Bread Financial by 8,300.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 840 shares of the company’s stock worth $47,000 after purchasing an additional 830 shares during the period. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Insider Buying and Selling

In related news, Director John J. Fawcett purchased 698 shares of Bread Financial stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of $86.43 per share, with a total value of $60,328.14. Following the transaction, the director owned 11,000 shares of the company’s stock, valued at approximately $950,730. The trade was a 6.78% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Roger H. Ballou sold 9,687 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $90.32, for a total transaction of $874,929.84. Following the completion of the sale, the director directly owned 30,079 shares of the company’s stock, valued at $2,716,735.28. This trade represents a 24.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Barclays raised shares of Bread Financial from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $70.00 to $104.00 in a research note on Tuesday. UBS Group lifted their target price on Bread Financial from $94.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday. Morgan Stanley set a $98.00 price target on Bread Financial in a research report on Friday, April 24th. Loop Capital initiated coverage on Bread Financial in a research note on Thursday, May 21st. They set a “buy” rating and a $104.00 price target for the company. Finally, BTIG Research raised their price objective on Bread Financial from $105.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Bread Financial presently has a consensus rating of “Hold” and a consensus target price of $107.92.

Bread Financial Stock Down 8.4%

Shares of Bread Financial stock opened at $93.77 on Thursday. Bread Financial Holdings, Inc. has a twelve month low of $53.83 and a twelve month high of $109.91. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.91 and a beta of 1.10. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.25. The company has a fifty day moving average price of $94.04 and a 200 day moving average price of $82.21.

Bread Financial (NYSE:BFH) last released its quarterly earnings data on Thursday, April 23rd. The company reported $4.18 EPS for the quarter, beating the consensus estimate of $3.00 by $1.18. Bread Financial had a return on equity of 18.79% and a net margin of 11.90%.The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $992.05 million. During the same period last year, the company posted $2.86 earnings per share. The firm’s revenue was up 4.9% compared to the same quarter last year. Equities research analysts forecast that Bread Financial Holdings, Inc. will post 10.89 earnings per share for the current fiscal year.

Bread Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 29th. Bread Financial’s dividend payout ratio (DPR) is presently 7.53%.

Key Stories Impacting Bread Financial

Here are the key news stories impacting Bread Financial this week:

• Positive Sentiment: UBS raised its price target on Bread Financial to $120 from $94 and reiterated a buy rating, signaling meaningful upside potential. UBS raises BFH price target to $120
• Positive Sentiment: Goldman Sachs increased its price target to $108 from $94 while keeping a neutral rating, suggesting analysts see improved value in the stock. Goldman Sachs raises BFH price target to $108
• Positive Sentiment: Barclays upgraded Bread Financial from underweight to equal weight and lifted its target to $104 from $70, a sharp reset higher in expectations. Barclays upgrades BFH
• Neutral Sentiment: TD Cowen raised its target to $103 from $95 but kept a hold rating, indicating limited near-term conviction despite improved valuation. TD Cowen raises BFH target to $103
• Neutral Sentiment: Bread Financial scheduled its second-quarter 2026 earnings conference call for July 23, keeping investors focused on upcoming results rather than providing a direct catalyst yet. BFH schedules Q2 2026 earnings call
• Negative Sentiment: Zacks Research cut Bread Financial from strong-buy to hold, which may have slightly offset some of the more bullish analyst actions. Zacks downgrades BFH

Bread Financial Company Profile

Bread Financial, formerly known as Alliance Data Systems, is a Columbus, Ohio–based financial services company that specializes in providing private label credit programs, co-brand credit cards and digital payment solutions for retail partners. The company designs, issues and services proprietary credit products, enabling merchants to offer branded financing options that drive customer loyalty and increase basket sizes at the point of sale. Through its Bread technology platform, Bread Financial delivers installment-based payment options that integrate directly into e-commerce and in-store checkout experiences.

In addition to its core credit offerings, Bread Financial provides analytics, marketing and loyalty services to help merchants better understand consumer behavior and optimize promotional strategies.