Raiffeisen Bank International AG Has $1.82 Million Position in Synchrony Financial $SYF

Raiffeisen Bank International AG lifted its stake in shares of Synchrony Financial (NYSE:SYF) by 7,984.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,282 shares of the financial services provider’s stock after acquiring an additional 22,994 shares during the quarter. Raiffeisen Bank International AG’s holdings in Synchrony Financial were worth $1,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SYF. World Investment Advisors grew its holdings in Synchrony Financial by 0.6% during the 1st 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 during the period. Cullen Frost Bankers Inc. raised its position in shares of Synchrony Financial by 7.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 135 shares during the period. Smartleaf Asset Management LLC raised its holdings in Synchrony Financial by 3.1% during the second quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock worth $333,000 after buying an additional 149 shares during the last quarter. Legacy Financial Advisors Inc. raised its holdings in shares of Synchrony Financial by 5.1% in the 4th quarter. Legacy Financial Advisors Inc. now owns 3,109 shares of the financial services provider’s stock worth $259,000 after acquiring an additional 152 shares during the last quarter. Finally, WealthTrust Asset Management LLC lifted its holdings in shares of Synchrony Financial by 0.9% in the first quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock valued at $1,187,000 after purchasing an additional 156 shares in the last quarter. 96.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SYF shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. Wolfe Research lifted their price objective on shares of Synchrony Financial from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Robert W. Baird upped their price target on Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company cut their price objective on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, UBS Group raised their target price on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Twelve investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and a consensus target price of $87.78.

Synchrony Financial Stock Performance

Shares of SYF stock opened at $79.93 on Friday. The company has a market capitalization of $26.01 billion, a P/E ratio of 8.19, a PEG ratio of 0.73 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a 50 day moving average price of $76.80 and a two-hundred day moving average price of $73.31. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.45. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same quarter last year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Analysts expect that Synchrony Financial will post 9.37 earnings per share for the current year.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were issued a dividend of $0.34 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio (DPR) is presently 13.93%.

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.