Synchrony Financial (NYSE:SYF) Price Target Cut to $88.00 by Analysts at Wells Fargo & Company

Synchrony Financial (NYSE:SYF) had its target price reduced by Wells Fargo & Company from $95.00 to $88.00 in a research report released on Wednesday morning,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

SYF has been the subject of several other reports. UBS Group raised their price objective on shares of Synchrony Financial from $77.00 to $84.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. TD Cowen upped their target price on Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Truist Financial lifted their price target on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Royal Bank Of Canada reduced their price target on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research note on Wednesday. Finally, HSBC increased their price objective on Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $86.89.

Synchrony Financial Price Performance

Shares of SYF opened at $72.84 on Wednesday. The firm has a market capitalization of $24.50 billion, a PE ratio of 7.46, a PEG ratio of 0.68 and a beta of 1.32. The company’s 50-day moving average is $73.26 and its 200-day moving average is $73.15. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.24.

Synchrony Financial (NYSE:SYF) last posted its 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 company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations 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 company posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Equities analysts forecast that Synchrony Financial will post 9.34 EPS for the current year.

Synchrony Financial announced that its board has authorized a share repurchase plan on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be given a $0.34 dividend. The ex-dividend date is Wednesday, August 5th. This is a positive change from Synchrony Financial’s previous quarterly dividend of $0.30. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.9%. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.41%.

Insider Activity

In related 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 completion of the sale, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Synchrony Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FWL Investment Management LLC bought a new stake in shares of Synchrony Financial during the 3rd quarter valued at $26,000. Fideuram Asset Management Ireland dac bought a new position in shares of Synchrony Financial in the fourth quarter worth $29,000. Advisors Asset Management Inc. bought a new position in shares of Synchrony Financial in the fourth quarter worth $29,000. Palisade Asset Management LLC acquired a new position in Synchrony Financial in the third quarter valued at about $29,000. Finally, Reflection Asset Management acquired a new position in Synchrony Financial in the fourth quarter valued at about $31,000. 96.48% of the stock is owned by institutional investors and hedge funds.

Synchrony Financial News Summary

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

• Positive Sentiment: Synchrony beat Q2 earnings estimates, reporting $2.59 EPS versus expectations around $2.14, while also raising its FY 2026 EPS outlook to $9.25-$9.50. The company said stronger loan growth, record purchase volume, and solid credit performance supported results. Article: Synchrony Beats Q2 Earnings Estimates, Raises 2026 EPS Outlook
• Positive Sentiment: Several analysts remained constructive after the report: Wells Fargo kept an overweight rating even while trimming its target to $88, Royal Bank of Canada maintained sector perform with an $80 target, and Robert W. Baird raised its target to $90 with an outperform rating. Article: Analyst price target updates
• Positive Sentiment: Bank of America Securities reiterated a Buy rating and set a $89 target, citing strong Q2 results and a solid 2026 outlook, reinforcing confidence in the company’s earnings momentum. Article: Synchrony Financial analyst note
• Neutral Sentiment: The company also announced a quarterly dividend increase to $0.34 per share, up 13.3%, which supports shareholder returns but is not the main driver of the stock reaction. Article: Synchrony Reports Second Quarter 2026 Results
• Negative Sentiment: Revenue came in slightly below expectations at $3.72 billion versus about $3.73 billion, and some coverage noted that higher expenses remain a watch item for investors. Article: Synchrony Financial misses Q2 revenue estimates

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.