Danske Bank A S lessened its position in Synchrony Financial (NYSE:SYF – Free Report) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 452,820 shares of the financial services provider’s stock after selling 30,813 shares during the period. Danske Bank A S’s holdings in Synchrony Financial were worth $37,779,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. State Street Corp lifted its stake in Synchrony Financial by 1.0% in the 3rd quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock valued at $1,355,698,000 after purchasing an additional 191,920 shares during the last quarter. Bank of America Corp DE increased its position in Synchrony Financial by 5.4% during the third quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock worth $1,018,517,000 after buying an additional 739,832 shares during the last quarter. Ameriprise Financial Inc. increased its position in Synchrony Financial by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 5,307,077 shares of the financial services provider’s stock worth $354,194,000 after buying an additional 406,796 shares during the last quarter. Nordea Investment Management AB raised its stake in Synchrony Financial by 13.0% in the fourth quarter. Nordea Investment Management AB now owns 5,134,903 shares of the financial services provider’s stock valued at $431,999,000 after buying an additional 592,567 shares during the period. Finally, Assetmark Inc. lifted its position in shares of Synchrony Financial by 48.3% in the third quarter. Assetmark Inc. now owns 4,349,059 shares of the financial services provider’s stock valued at $309,001,000 after buying an additional 1,416,909 shares during the last quarter. 96.48% of the stock is currently owned by institutional investors and hedge funds.
Synchrony Financial Price Performance
Shares of NYSE SYF opened at $75.83 on Friday. The firm has a market cap of $25.55 billion, a P/E ratio of 7.84, a price-to-earnings-growth ratio of 0.66 and a beta of 1.39. The business’s 50 day moving average is $70.43 and its 200-day moving average is $74.92. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 1-year low of $52.99 and a 1-year high of $88.77.
Synchrony Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, May 5th. Synchrony Financial’s payout ratio is presently 12.41%.
Synchrony Financial announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 21st that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
Analyst Upgrades and Downgrades
SYF has been the subject of several research analyst reports. BTIG Research downgraded Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Barclays increased their price target on Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Truist Financial lifted their price objective on shares of Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Keefe, Bruyette & Woods upped their price objective on shares of Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, Wells Fargo & Company dropped their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $86.32.
Check Out Our Latest Analysis on SYF
Synchrony Financial News Roundup
Here are the key news stories impacting Synchrony Financial this week:
- Positive Sentiment: Zacks raised its Q1 2028 EPS estimate to $2.69 from $2.43 — a sizable lift that signals improving long‑term earnings expectations. MarketBeat SYF
- Positive Sentiment: Zacks boosted its Q3 2027 EPS view to $3.07 (from $2.75), suggesting stronger expected mid‑term profitability. MarketBeat SYF
- Positive Sentiment: Zacks raised its Q4 2026 estimate to $2.52 from $2.22 — an upgrade that improves near‑term quarterly expectations. MarketBeat SYF
- Positive Sentiment: Zacks nudged up its Q3 2026 EPS to $2.57 (from $2.50), another small but constructive revision for FY2026 cadence. MarketBeat SYF
- Positive Sentiment: Zacks increased its FY2027 EPS forecast to $10.26 (from $10.02), lifting longer‑range earnings expectations for the company. MarketBeat SYF
- Positive Sentiment: Analysts’ consensus price target is $86.32 — well above the current trading level — which can act as a buoy for investor sentiment if maintained. Analyst Price Target
- Negative Sentiment: Zacks trimmed its FY2028 EPS estimate to $10.87 from $11.11, reducing longer‑term upside and indicating more modest growth than previously thought. MarketBeat SYF
- Negative Sentiment: Zacks lowered FY2026 EPS to $9.21 from $9.29, a small cut to the current fiscal‑year outlook that may temper near‑term expectations. MarketBeat SYF
- Negative Sentiment: MarketWatch flagged that Synchrony has been underperforming peers, which can pressure the share price as investors favor better‑performing financials. MarketWatch Underperformance
Insider Buying and Selling
In related news, insider Alberto Casellas sold 14,399 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $974,956.29. Following the transaction, the insider directly owned 50,331 shares in the company, valued at approximately $3,407,912.01. This represents a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the transaction, the insider directly owned 64,221 shares in the company, valued at approximately $4,313,082.36. This represents a 42.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 379,928 shares of company stock valued at $26,170,764 in the last 90 days. 0.32% of the stock is currently owned by corporate insiders.
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.
Recommended Stories
Want to see what other hedge funds are holding SYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synchrony Financial (NYSE:SYF – Free Report).
Receive News & Ratings for Synchrony Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synchrony Financial and related companies with MarketBeat.com's FREE daily email newsletter.
