OneMain Holdings, Inc. $OMF Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its stake in OneMain Holdings, Inc. (NYSE:OMF) by 0.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,061,798 shares of the financial services provider’s stock after purchasing an additional 9,951 shares during the period. Bank of New York Mellon Corp owned approximately 0.91% of OneMain worth $56,796,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of OMF. Allspring Global Investments Holdings LLC lifted its stake in shares of OneMain by 24.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 259,803 shares of the financial services provider’s stock valued at $17,945,000 after purchasing an additional 50,521 shares during the period. Kingsview Wealth Management LLC bought a new stake in shares of OneMain during the fourth quarter valued at approximately $5,310,000. JPMorgan Chase & Co. grew its stake in OneMain by 33.5% in the third quarter. JPMorgan Chase & Co. now owns 289,943 shares of the financial services provider’s stock worth $16,370,000 after purchasing an additional 72,688 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of OneMain by 39.0% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 126,492 shares of the financial services provider’s stock worth $8,553,000 after buying an additional 35,466 shares during the period. Finally, Asset Management One Co. Ltd. bought a new position in shares of OneMain in the 4th quarter worth about $654,000. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Analyst Ratings Changes

OMF has been the subject of a number of recent research reports. Wells Fargo & Company lowered their price target on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. TD Cowen upped their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. decreased their target price on shares of OneMain from $63.00 to $55.00 and set an “underweight” rating for the company in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of OneMain in a report on Friday, July 10th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, OneMain presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.80.

OneMain Trading Down 1.9%

OMF stock opened at $58.71 on Friday. The stock’s 50 day simple moving average is $57.32 and its 200 day simple moving average is $57.97. OneMain Holdings, Inc. has a 12-month low of $45.78 and a 12-month high of $71.93. The stock has a market capitalization of $6.78 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 0.46 and a beta of 1.22.

OneMain (NYSE:OMF) last posted its earnings results on Friday, May 1st. The financial services provider reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.09. OneMain had a return on equity of 24.24% and a net margin of 14.38%.The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the company earned $1.72 EPS. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. On average, research analysts predict that OneMain Holdings, Inc. will post 7.14 earnings per share for the current year.

OneMain Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 11th were paid a dividend of $1.05 per share. The ex-dividend date was Monday, May 11th. This represents a $4.20 annualized dividend and a yield of 7.2%. OneMain’s dividend payout ratio is currently 62.50%.

OneMain News Roundup

Here are the key news stories impacting OneMain this week:

• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate for OneMain to $1.30 from $1.72 and lowered its FY2026 forecast to $7.39 from $7.76, signaling softer profitability expectations. OneMain Q4 EPS Forecast Decreased by Northland Securities
• Negative Sentiment: Zacks published an earnings preview saying OneMain’s Q2 results are expected to decline and that the stock lacks the key setup for a likely earnings beat, which can weigh on sentiment before the report. Earnings Preview: OneMain Holdings (OMF) Q2 Earnings Expected to Decline
• Neutral Sentiment: Northland Securities also nudged its Q3 2026 EPS estimate higher to $2.02 from $1.96 and kept longer-dated estimates in view, but the overall tone remained mixed with near-term cuts offset by slightly better later-quarter projections.
• Neutral Sentiment: Northland’s Q1 2027 and Q2 2027 estimates were set at $1.84 and $1.90 per share, respectively, adding to the analyst’s updated forecast framework without providing a clear near-term catalyst.

Insider Activity

In other news, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the chief operating officer directly owned 96,250 shares in the company, valued at $5,967,500. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the transaction, the senior vice president directly owned 13,127 shares of the company’s stock, valued at $813,874. The trade was a 12.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.