Insider Selling: Synchrony Financial (NYSE:SYF) Insider Sells $533,690.22 in Stock

Synchrony Financial (NYSE:SYF) insider Curtis Howse sold 7,882 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $533,690.22. Following the completion of the transaction, the insider directly owned 94,873 shares of the company’s stock, valued at $6,423,850.83. This trade represents a 7.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Curtis Howse also recently made the following trade(s):

• On Monday, February 2nd, Curtis Howse sold 52,556 shares of Synchrony Financial stock. The shares were sold at an average price of $72.32, for a total value of $3,800,849.92.

Synchrony Financial Trading Down 0.4%

SYF stock opened at $69.00 on Friday. Synchrony Financial has a 1-year low of $40.54 and a 1-year high of $88.77. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98. The business’s 50 day moving average is $76.44 and its 200-day moving average is $75.88. The firm has a market cap of $23.98 billion, a P/E ratio of 7.43, a P/E/G ratio of 0.61 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating the consensus estimate of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. During the same quarter in the previous year, the firm earned $1.91 EPS. Synchrony Financial’s quarterly revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s payout ratio is currently 12.92%.

Analyst Ratings Changes

Several equities analysts recently issued reports on SYF shares. Royal Bank Of Canada cut their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a report on Wednesday, January 28th. Wolfe Research assumed coverage on shares of Synchrony Financial in a report on Monday, December 8th. They set an “outperform” rating and a $92.00 price objective for the company. Barclays reduced their target price on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating on the stock in a report on Wednesday, January 28th. Robert W. Baird upgraded Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target on the stock in a research report on Friday, February 13th. Finally, Truist Financial cut their price objective on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating for the company in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.11.

Institutional Trading of Synchrony Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp boosted its position in Synchrony Financial by 1.0% in the 3rd quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock valued at $1,355,698,000 after buying an additional 191,920 shares during the last quarter. Bank of America Corp DE raised its position in shares of Synchrony Financial by 5.4% during the third quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock worth $1,018,517,000 after acquiring an additional 739,832 shares during the last quarter. Morgan Stanley lifted its stake in shares of Synchrony Financial by 7.6% during the fourth quarter. Morgan Stanley now owns 6,230,111 shares of the financial services provider’s stock valued at $519,778,000 after acquiring an additional 442,226 shares during the period. Invesco Ltd. boosted its holdings in Synchrony Financial by 10.4% in the fourth quarter. Invesco Ltd. now owns 5,490,921 shares of the financial services provider’s stock valued at $458,108,000 after acquiring an additional 517,781 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Synchrony Financial by 8.3% in the second quarter. Ameriprise Financial Inc. now owns 5,307,077 shares of the financial services provider’s stock valued at $354,194,000 after acquiring an additional 406,796 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

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.