Cozad Asset Management Inc. raised its holdings in Synchrony Financial (NYSE:SYF – Free Report) by 74.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,860 shares of the financial services provider’s stock after buying an additional 8,892 shares during the period. Cozad Asset Management Inc.’s holdings in Synchrony Financial were worth $1,482,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased its holdings in shares of Synchrony Financial by 8.9% in the first quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 679 shares during the last quarter. Woodline Partners LP raised its holdings in Synchrony Financial by 36.2% in the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after acquiring an additional 9,460 shares during the period. Focus Partners Wealth lifted its position in Synchrony Financial by 7.7% during the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock worth $339,000 after acquiring an additional 459 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 455 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its holdings in shares of Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock worth $405,000 after acquiring an additional 2,178 shares during the period. 96.48% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, Director Arthur W. Coviello, Jr. sold 4,000 shares of Synchrony Financial stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $289,280.00. Following the sale, the director directly owned 32,444 shares of the company’s stock, valued at approximately $2,346,350.08. The trade was a 10.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Curtis Howse sold 52,556 shares of the company’s stock in a transaction that occurred 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 transaction, the insider owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This represents a 35.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.32% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Analysis on SYF
Synchrony Financial Trading Up 2.9%
Shares of SYF stock opened at $72.83 on Thursday. Synchrony Financial has a fifty-two week low of $40.54 and a fifty-two week high of $88.77. The stock’s fifty day moving average price is $78.26 and its two-hundred day moving average price is $76.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market cap of $25.32 billion, a PE ratio of 7.84, a P/E/G ratio of 0.63 and a beta of 1.43.
Synchrony Financial (NYSE:SYF – Get Free Report) last posted its quarterly earnings results 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 company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.Synchrony Financial’s revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts predict that Synchrony Financial will post 7.67 EPS 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 of this dividend was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. Synchrony Financial’s dividend payout ratio is 12.92%.
Synchrony Financial 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.
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