Burns Matteson Capital Management LLC Takes Position in Synchrony Financial $SYF

Burns Matteson Capital Management LLC purchased a new stake in shares of Synchrony Financial (NYSE:SYF) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 7,988 shares of the financial services provider’s stock, valued at approximately $666,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SYF shares. Keefe, Bruyette & Woods lifted their price objective on Synchrony Financial from $95.00 to $98.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Barclays reduced their target price on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. TD Cowen raised their price target on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Wells Fargo & Company lifted their price target on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.42.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Brian J. Sr. Wenzel sold 47,112 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the sale, the insider directly owned 64,221 shares of the company’s stock, valued at approximately $4,313,082.36. This represents a 42.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alberto Casellas sold 14,399 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the transaction, the insider owned 50,331 shares in the company, valued at approximately $3,407,912.01. The trade was a 22.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 379,928 shares of company stock valued at $26,170,764 over the last quarter. Insiders own 0.33% of the company’s stock.

Synchrony Financial Trading Up 3.0%

Shares of NYSE SYF opened at $68.00 on Wednesday. The stock’s 50 day moving average price is $70.28 and its two-hundred day moving average price is $74.77. Synchrony Financial has a 52-week low of $40.54 and a 52-week high of $88.77. The stock has a market capitalization of $23.64 billion, a P/E ratio of 7.32, a PEG ratio of 0.58 and a beta of 1.42. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98.

Synchrony Financial (NYSE:SYF) last released its 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. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter last year, the business posted $1.91 EPS. Synchrony Financial’s quarterly revenue was down .2% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 annualized dividend and a yield of 1.8%. Synchrony Financial’s dividend payout ratio (DPR) 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.