FJ Capital Management LLC Decreases Stock Position in Synchrony Financial $SYF

FJ Capital Management LLC lowered its stake in Synchrony Financial (NYSE:SYF) by 70.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,706 shares of the financial services provider’s stock after selling 11,164 shares during the period. FJ Capital Management LLC’s holdings in Synchrony Financial were worth $393,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SYF. Strategic Investment Advisors MI increased its holdings in Synchrony Financial by 43.2% during the 3rd quarter. Strategic Investment Advisors MI now owns 68,841 shares of the financial services provider’s stock valued at $4,890,000 after purchasing an additional 20,778 shares during the period. Bank of America Corp DE increased its holdings in Synchrony Financial by 5.4% during the 3rd quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock valued at $1,018,517,000 after purchasing an additional 739,832 shares during the period. Tredje AP fonden increased its holdings in Synchrony Financial by 71.5% during the 3rd quarter. Tredje AP fonden now owns 54,811 shares of the financial services provider’s stock valued at $3,894,000 after purchasing an additional 22,856 shares during the period. Jupiter Asset Management Ltd. purchased a new position in Synchrony Financial during the 3rd quarter valued at about $2,108,000. Finally, Vinva Investment Management Ltd increased its holdings in Synchrony Financial by 27.2% during the 3rd quarter. Vinva Investment Management Ltd now owns 397,508 shares of the financial services provider’s stock valued at $29,145,000 after purchasing an additional 85,066 shares during the period. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Trading Up 1.4%

SYF opened at $73.36 on Friday. The stock has a market cap of $24.68 billion, a PE ratio of 7.59, a PEG ratio of 0.64 and a beta of 1.33. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average of $72.78 and a 200-day moving average of $74.60. Synchrony Financial has a 52 week low of $59.46 and a 52 week high of $88.77.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 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 last year, the business posted $1.89 EPS. The firm’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. Equities research analysts predict that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial announced that its Board of Directors has approved a share repurchase program on Tuesday, April 21st that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Synchrony Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 5th. Synchrony Financial’s payout ratio is currently 12.41%.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was 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 of the company’s stock, valued at $9,449,656.72. The trade was a 27.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SYF shares. Truist Financial boosted their price target on Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Barclays boosted their price target on Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. Robert W. Baird boosted their price target on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Finally, Loop Capital started coverage on Synchrony Financial in a report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Synchrony Financial presently has a consensus rating of “Moderate Buy” and an average price target 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.