Synchrony Financial (NYSE:SYF) Insider Jonathan Mothner Sells 51,258 Shares

Synchrony Financial (NYSE:SYF) insider Jonathan Mothner sold 51,258 shares of Synchrony Financial stock in a transaction that occurred 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 sale, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. This trade represents a 27.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synchrony Financial Stock Performance

SYF opened at $69.37 on Wednesday. The business’s 50 day moving average is $70.81 and its 200-day moving average is $74.87. The stock has a market cap of $23.33 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.62 and a beta of 1.37. 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 twelve month low of $55.67 and a twelve month high of $88.77.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share 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 for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the previous year, the company posted $1.89 earnings per share. The business’s revenue for the quarter was down 7.4% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts predict that Synchrony Financial will post 9.29 earnings per share for the current year.

Synchrony Financial announced that its Board of Directors has authorized a share repurchase plan on Tuesday, April 21st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s payout ratio is currently 12.41%.

Analyst Upgrades and Downgrades

SYF has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Barclays boosted their target price on Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company dropped their target price on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. Finally, Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and an average target price of $86.32.

Institutional Investors Weigh In On Synchrony Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the business. 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 in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of Synchrony Financial by 7.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock valued at $166,000 after buying an additional 135 shares in the last quarter. Colonial Trust Co SC increased its holdings in shares of Synchrony Financial by 40.2% in the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after buying an additional 136 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Synchrony Financial by 34.4% in the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock valued at $45,000 after buying an additional 139 shares in the last quarter. Finally, United Community Bank increased its holdings in shares of Synchrony Financial by 3.4% in the third quarter. United Community Bank now owns 4,469 shares of the financial services provider’s stock valued at $318,000 after buying an additional 145 shares in the last quarter. 96.48% of the stock is currently owned by institutional investors.

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.