Dynamic Technology Lab Private Ltd Makes New Investment in Synchrony Financial $SYF

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Synchrony Financial (NYSE:SYFFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,489 shares of the financial services provider’s stock, valued at approximately $1,029,000.

Several other large investors also recently added to or reduced their stakes in the business. Westside Investment Management Inc. boosted its stake in shares of Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 179 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Synchrony Financial in the 2nd quarter worth $26,000. Salomon & Ludwin LLC grew its holdings in Synchrony Financial by 54.9% during the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 146 shares during the period. True Wealth Design LLC increased its position in Synchrony Financial by 5,787.5% in the second quarter. True Wealth Design LLC now owns 471 shares of the financial services provider’s stock worth $31,000 after buying an additional 463 shares in the last quarter. Finally, Colonial Trust Co SC raised its stake 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 worth $34,000 after buying an additional 136 shares during the period. 96.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wolfe Research began coverage on shares of Synchrony Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $92.00 target price for the company. BTIG Research decreased their price objective on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Barclays dropped their target price on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. TD Cowen boosted their price objective on Synchrony Financial from $91.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada cut their target price on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $87.11.

View Our Latest Analysis on Synchrony Financial

Insider Activity

In related news, insider Curtis Howse sold 52,556 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the sale, the insider owned 94,196 shares in the company, valued at approximately $6,812,254.72. This represents a 35.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Bart Schaller sold 12,980 shares of Synchrony Financial stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $878,875.80. Following the transaction, the insider directly owned 34,035 shares of the company’s stock, valued at $2,304,509.85. The trade was a 27.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 379,928 shares of company stock worth $26,170,764. Company insiders own 0.33% of the company’s stock.

Synchrony Financial Trading Down 3.4%

Shares of SYF opened at $66.64 on Monday. The stock has a market capitalization of $23.16 billion, a PE ratio of 7.17, a P/E/G ratio of 0.59 and a beta of 1.42. The company’s fifty day moving average is $76.06 and its 200 day moving average is $75.91. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a fifty-two week low of $40.54 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYFGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.16. The business had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The business’s revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts expect that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were issued a $0.30 dividend. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.8%. Synchrony Financial’s payout ratio is 12.92%.

Synchrony Financial Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Synchrony Financial (NYSE:SYF)

Receive News & Ratings for Synchrony Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synchrony Financial and related companies with MarketBeat.com's FREE daily email newsletter.