Synchrony Financial $SYF Shares Sold by Aberdeen Group plc

Aberdeen Group plc decreased its holdings in shares of Synchrony Financial (NYSE:SYF) by 17.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 315,127 shares of the financial services provider’s stock after selling 66,673 shares during the period. Aberdeen Group plc’s holdings in Synchrony Financial were worth $23,105,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Synchrony Financial by 34.6% in the second quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after buying an additional 3,494,741 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Synchrony Financial by 8.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,307,077 shares of the financial services provider’s stock worth $354,194,000 after purchasing an additional 406,796 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Synchrony Financial by 7.9% during the 3rd quarter. Nordea Investment Management AB now owns 4,542,336 shares of the financial services provider’s stock worth $318,236,000 after purchasing an additional 333,093 shares during the period. Norges Bank acquired a new position in shares of Synchrony Financial during the 2nd quarter worth $299,360,000. Finally, Assetmark Inc. increased its holdings in shares of Synchrony Financial by 48.3% in the 3rd quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after purchasing an additional 1,416,909 shares in the last quarter. 96.48% of the stock is owned by hedge funds and other institutional investors.

Synchrony Financial Stock Up 1.1%

SYF opened at $72.20 on Wednesday. The firm has a market cap of $25.10 billion, a P/E ratio of 7.77, a PEG ratio of 0.50 and a beta of 1.43. The business’s fifty day simple moving average is $79.72 and its 200 day simple moving average is $75.94. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. 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 announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the firm posted $1.91 earnings per share. The company’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. As a group, equities research analysts anticipate that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SYF. Royal Bank Of Canada decreased their price objective on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. Compass Point raised Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target on the stock in a research note on Wednesday, January 28th. JPMorgan Chase & Co. dropped their price objective on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Robert W. Baird upgraded Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 target price on the stock in a research report on Friday, February 13th. Finally, Wells Fargo & Company raised their price target on Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.11.

Insider Activity

In related news, insider Curtis Howse sold 52,556 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total value of $3,800,849.92. Following the transaction, the insider owned 94,196 shares in the company, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Arthur W. Coviello, Jr. sold 4,000 shares of Synchrony Financial stock in a transaction 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 transaction, the director owned 32,444 shares in the company, valued at $2,346,350.08. The trade was a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.