6,852 Bread Financial Holdings, Inc. $BFH Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue lowered its position in shares of Bread Financial Holdings, Inc. (NYSE:BFH) by 51.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,455 shares of the company’s stock after selling 6,852 shares during the period. State of Alaska Department of Revenue’s holdings in Bread Financial were worth $630,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Bread Financial during the 2nd quarter valued at $421,314,000. Dimensional Fund Advisors LP increased its stake in Bread Financial by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,086,060 shares of the company’s stock worth $231,111,000 after buying an additional 9,854 shares during the period. Hsbc Holdings PLC acquired a new position in Bread Financial in the 2nd quarter worth $98,764,000. Bank of America Corp DE acquired a new position in Bread Financial in the 2nd quarter worth $65,806,000. Finally, Copeland Capital Management LLC acquired a new position in Bread Financial in the 3rd quarter worth $55,054,000. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Bread Financial Stock Performance

Shares of NYSE BFH opened at $99.72 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $104.36 and its two-hundred day moving average price is $98.67. Bread Financial Holdings, Inc. has a 52-week low of $59.26 and a 52-week high of $114.53. The stock has a market capitalization of $3.83 billion, a P/E ratio of 7.86, a P/E/G ratio of 0.81 and a beta of 1.15.

Bread Financial (NYSE:BFH) last posted its earnings results on Thursday, October 22nd. The company reported $3.84 EPS for the quarter, beating the consensus estimate of $3.34 by $0.50. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Bread Financial had a return on equity of 17.24% and a net margin of 11.19%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $4.02 earnings per share. As a group, sell-side analysts forecast that Bread Financial Holdings, Inc. will post 12.10 earnings per share for the current year.

Bread Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a $0.25 dividend. This is a positive change from Bread Financial’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Bread Financial’s dividend payout ratio (DPR) is 7.18%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BFH. Wells Fargo & Company initiated coverage on Bread Financial in a research note on Friday, September 11th. They set an “equal weight” rating and a $115.00 target price for the company. Wall Street Zen raised Bread Financial from a “hold” rating to a “buy” rating in a research report on Saturday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $115.00 price target on shares of Bread Financial in a research note on Friday, July 24th. UBS Group boosted their price target on Bread Financial from $120.00 to $127.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, Evercore set a $118.00 price target on Bread Financial in a report on Thursday, October 1st. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Bread Financial currently has a consensus rating of “Hold” and a consensus price target of $112.21.

Insider Transactions at Bread Financial

In related news, Director Praniti Lakhwara sold 2,802 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $106.12, for a total transaction of $297,348.24. Following the completion of the transaction, the director owned 4,458 shares in the company, valued at $473,082.96. The trade was a 38.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.30% of the stock is owned by corporate insiders.

Trending Headlines about Bread Financial

Here are the key news stories impacting Bread Financial this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Bread Financial reported adjusted earnings of $3.84 per share, beating the $3.34 consensus estimate, while revenue rose 4.7% year over year to $1.02 billion, slightly above expectations. Q3 revenue report
• Positive Sentiment: Dividend increased: The company raised its quarterly common-stock dividend 8.7% to $0.25 per share, payable December 15 to shareholders of record November 30. The board also declared dividends on both series of preferred stock, signaling continued shareholder returns. Dividend announcement
• Positive Sentiment: Sephora partnership renewed: Bread Financial signed a long-term renewal with Sephora to support its credit-card and loyalty program, preserving an important branded payments relationship. Sephora renewal
• Neutral Sentiment: Analyst target raised, but rating remains Hold: TD Cowen increased its price target from $111 to $113, implying substantial upside from recent levels, while maintaining a “hold” recommendation.
• Neutral Sentiment: 2026 revenue outlook is in line: Bread Financial reiterated revenue guidance of approximately $4.0 billion, matching consensus and offering limited evidence of an upside forecast revision.
• Negative Sentiment: Year-over-year earnings declined: Q3 earnings fell from $4.02 per share a year earlier to $3.84, tempering the impact of the earnings beat and raising questions about profitability trends.
• Negative Sentiment: Credit performance remains a focus: Bread Financial issued a September update covering net principal loss and delinquency rates. Investors will scrutinize those metrics because deterioration could increase provisions and pressure future earnings. September performance update

Bread Financial Company Profile

Bread Financial Holdings, Inc (NYSE: BFH) is a financial services company that provides payment, lending and savings solutions to consumers and businesses. Its offerings include private-label and co-branded credit cards, installment lending, buy now, pay later services and deposit products.

The company operates through its Bread platform, which supports merchants with financing options, payment processing and customer loyalty solutions. Its consumer products have included Bread Cashback credit cards, Bread Pay installment payment services and Bread Savings deposit accounts.

Bread Financial primarily serves consumers and merchants in the United States, with solutions designed for retail, travel, home improvement and other industries.