Edmond DE Rothschild Holding S.A. Acquires New Shares in Synchrony Financial $SYF

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Synchrony Financial (NYSE:SYF) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 9,974 shares of the financial services provider’s stock, valued at approximately $759,000.

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

Analysts Set New Price Targets

SYF has been the topic of several recent research reports. UBS Group lifted their target price on shares of Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Royal Bank Of Canada decreased their price target on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 22nd. TD Cowen raised their price target on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Loop Capital assumed coverage on shares of Synchrony Financial in a report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.89.

Synchrony Financial Price Performance

Shares of SYF opened at $76.76 on Friday. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77. The business’s fifty day moving average is $76.03 and its 200 day moving average is $72.88. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a market cap of $24.98 billion, a P/E ratio of 7.86, a P/E/G ratio of 0.73 and a beta of 1.32.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The business had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the previous year, the business earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Sell-side analysts anticipate that Synchrony Financial will post 9.37 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were paid a $0.34 dividend. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.8%. Synchrony Financial’s dividend payout ratio is currently 13.93%.

About Synchrony Financial

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.