Aberdeen Group plc Has $25.01 Million Holdings in Synchrony Financial $SYF

Aberdeen Group plc reduced its stake in Synchrony Financial (NYSE:SYF) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 299,772 shares of the financial services provider’s stock after selling 15,355 shares during the period. Aberdeen Group plc owned 0.08% of Synchrony Financial worth $25,010,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. boosted its position in shares of Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 179 shares in the last quarter. FWL Investment Management LLC bought a new position in shares of Synchrony Financial during the 3rd quarter valued at about $26,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Synchrony Financial in the 2nd quarter valued at approximately $26,000. Palisade Asset Management LLC bought a new position in Synchrony Financial in the third quarter valued at approximately $29,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Synchrony Financial by 54.9% in the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after buying an additional 146 shares during the period. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.0%

SYF stock opened at $68.45 on Monday. The firm has a market capitalization of $23.79 billion, a PE ratio of 7.37, a PEG ratio of 0.60 and a beta of 1.39. The business’s 50 day simple moving average is $69.75 and its 200 day simple moving average is $74.62. Synchrony Financial has a 1-year low of $40.54 and a 1-year high of $88.77. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98.

Synchrony Financial (NYSE:SYF) last announced its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping the consensus estimate of $2.02 by $0.16. The business had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.84 billion. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. Synchrony Financial’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, research analysts anticipate that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

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

Insiders Place Their Bets

In related news, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $68.68, for a total value of $14,941,608.72. Following the completion of the sale, the insider directly owned 829,222 shares in the company, valued at approximately $56,950,966.96. The trade was a 20.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Darrell Owens sold 3,865 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $261,699.15. Following the completion of the transaction, the insider owned 17,432 shares in the company, valued at $1,180,320.72. The trade was a 18.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 379,928 shares of company stock valued at $26,170,764 in the last quarter. Company insiders own 0.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SYF. Robert W. Baird upgraded shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price objective on the stock in a report on Friday, February 13th. Barclays reduced their price objective on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research report on Wednesday, January 28th. Wolfe Research assumed coverage on Synchrony Financial in a research report on Monday, December 8th. They set an “outperform” rating and a $92.00 price target for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Synchrony Financial presently has an average rating of “Moderate Buy” and an average price target of $86.42.

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.