Achmea Investment Management B.V. Sells 28,196 Shares of Synchrony Financial $SYF

Achmea Investment Management B.V. cut its position in Synchrony Financial (NYSE:SYF) by 6.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 413,448 shares of the financial services provider’s stock after selling 28,196 shares during the period. Achmea Investment Management B.V. owned 0.11% of Synchrony Financial worth $29,375,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Center For Asset Management LLC increased its stake in shares of Synchrony Financial by 118.5% in the third quarter. Center For Asset Management LLC now owns 24,613 shares of the financial services provider’s stock valued at $1,749,000 after buying an additional 13,347 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of Synchrony Financial by 4.0% during the third quarter. Coldstream Capital Management Inc. now owns 10,086 shares of the financial services provider’s stock worth $717,000 after purchasing an additional 388 shares in the last quarter. Danske Bank A S acquired a new position in shares of Synchrony Financial during the third quarter worth approximately $34,362,000. Advisory Services Network LLC grew its stake in shares of Synchrony Financial by 16.8% during the third quarter. Advisory Services Network LLC now owns 27,172 shares of the financial services provider’s stock valued at $1,931,000 after purchasing an additional 3,899 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Synchrony Financial by 2.6% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 183,312 shares of the financial services provider’s stock valued at $13,022,000 after purchasing an additional 4,700 shares during the last quarter. 96.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on SYF shares. Wells Fargo & Company boosted their price objective on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Royal Bank Of Canada decreased their price objective on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 28th. Truist Financial cut their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. TD Cowen boosted their price target on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. One 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 company’s stock. According to data from MarketBeat, Synchrony Financial presently has an average rating of “Moderate Buy” and a consensus price target of $87.11.

Insider Activity at Synchrony Financial

In other news, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $974,956.29. Following the sale, the insider directly owned 50,331 shares in the company, valued at $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian D. Doubles sold 217,554 shares of Synchrony Financial stock in a transaction dated Monday, March 2nd. The shares were 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. This represents a 20.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 379,928 shares of company stock worth $26,170,764. 0.33% of the stock is currently owned by corporate insiders.

Synchrony Financial Price Performance

SYF stock opened at $65.14 on Wednesday. The stock has a 50-day moving average price of $73.23 and a two-hundred day moving average price of $75.43. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The stock has a market cap of $22.64 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.57 and a beta of 1.42. 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 issued its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. The company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts forecast that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

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

Synchrony Financial Company 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.