Synchrony Financial $SYF Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG trimmed its position in shares of Synchrony Financial (NYSE:SYF) by 16.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,481 shares of the financial services provider’s stock after selling 8,408 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Synchrony Financial were worth $3,461,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. grew its position in Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after buying an additional 179 shares during the period. FWL Investment Management LLC acquired a new position in shares of Synchrony Financial in the third quarter worth about $26,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Synchrony Financial in the second quarter worth about $26,000. Palisade Asset Management LLC purchased a new stake in shares of Synchrony Financial during the 3rd quarter worth about $29,000. Finally, Salomon & Ludwin LLC boosted its stake in shares of Synchrony Financial by 54.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 146 shares in the last quarter. 96.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SYF has been the subject of several recent analyst reports. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Wednesday, January 28th. JPMorgan Chase & Co. lowered their price target on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Wolfe Research started coverage on Synchrony Financial in a research report on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective for the company. BTIG Research reaffirmed a “buy” rating and set a $96.00 target price on shares of Synchrony Financial in a research note on Wednesday, March 11th. Finally, Keefe, Bruyette & Woods increased their target price on Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.42.

Synchrony Financial Stock Up 3.0%

SYF stock opened at $68.00 on Wednesday. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The firm has a 50-day simple moving average of $70.28 and a 200-day simple moving average of $74.77. The stock has a market capitalization of $23.64 billion, a P/E ratio of 7.32, a P/E/G ratio of 0.58 and a beta of 1.42.

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

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

Insider Transactions at Synchrony Financial

In related news, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $68.68, for a total transaction of $14,941,608.72. Following the completion of the sale, the insider directly owned 829,222 shares in the company, valued at approximately $56,950,966.96. The trade was a 20.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Curtis Howse sold 7,882 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $533,690.22. Following the completion of the transaction, the insider directly owned 94,873 shares of the company’s stock, valued at approximately $6,423,850.83. This represents a 7.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 379,928 shares of company stock valued at $26,170,764. Insiders own 0.33% of the company’s stock.

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.