Natixis Advisors LLC Cuts Position in Synchrony Financial $SYF

Natixis Advisors LLC lessened its position in shares of Synchrony Financial (NYSE:SYF) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 190,271 shares of the financial services provider’s stock after selling 21,123 shares during the quarter. Natixis Advisors LLC’s holdings in Synchrony Financial were worth $15,874,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SYF. Westside Investment Management Inc. grew its holdings in Synchrony Financial by 100.0% during the 3rd 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 in the last quarter. FWL Investment Management LLC purchased a new stake in Synchrony Financial during the third quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial during the fourth quarter valued at approximately $29,000. Palisade Asset Management LLC purchased a new stake in Synchrony Financial during the third quarter valued at approximately $29,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 455 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Insider Transactions at Synchrony Financial

In related news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares in the company, valued at $9,449,656.72. The trade was a 27.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by insiders.

Synchrony Financial Trading Up 0.1%

Shares of NYSE SYF opened at $70.85 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24. The business’s 50 day moving average price is $72.31 and its 200-day moving average price is $74.62. Synchrony Financial has a fifty-two week low of $58.31 and a fifty-two week high of $88.77. The company has a market cap of $23.83 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 0.62 and a beta of 1.33.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the previous year, the business earned $1.89 EPS. Synchrony Financial’s revenue 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, sell-side analysts expect that Synchrony Financial will post 9.29 earnings per share for the current year.

Synchrony Financial declared that its board has initiated a share buyback plan on Tuesday, April 21st that allows the company to buyback $0.00 in shares. This buyback authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Synchrony Financial Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SYF. JPMorgan Chase & Co. dropped their target price on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Barclays lifted 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. Loop Capital began coverage on Synchrony Financial in a report on Friday, May 22nd. They issued a “hold” rating and a $81.00 target price for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. Finally, BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.05.

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.