AMJ Financial Wealth Management Grows Stock Position in Synchrony Financial $SYF

AMJ Financial Wealth Management raised its stake in shares of Synchrony Financial (NYSE:SYF) by 467.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 62,155 shares of the financial services provider’s stock after acquiring an additional 51,195 shares during the period. AMJ Financial Wealth Management’s holdings in Synchrony Financial were worth $5,186,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. raised its stake in shares of Synchrony Financial by 100.0% during 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 purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at about $26,000. Palisade Asset Management LLC purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at about $29,000. Colonial Trust Co SC increased its stake in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 136 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SYF. Barclays lifted 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. Royal Bank Of Canada cut their price target on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Wall Street Zen lowered Synchrony Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Wednesday, January 28th. Finally, BTIG Research lowered Synchrony Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Synchrony Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.32.

Insider Buying and Selling at Synchrony Financial

In other news, insider Bart Schaller sold 12,980 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $878,875.80. Following the transaction, the insider directly owned 34,035 shares in the company, valued at $2,304,509.85. The trade was a 27.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Alberto Casellas sold 14,399 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 323,372 shares of company stock worth $22,080,634. 0.36% of the stock is owned by company insiders.

Synchrony Financial Trading Up 0.0%

SYF stock opened at $71.28 on Friday. 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 12-month low of $55.67 and a 12-month high of $88.77. The stock has a market cap of $23.98 billion, a price-to-earnings ratio of 7.37, a PEG ratio of 0.62 and a beta of 1.37. The business’s 50-day moving average is $70.71 and its 200 day moving average is $74.92.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.13. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the previous year, the firm posted $1.89 EPS. Synchrony Financial’s revenue was down 7.4% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, sell-side analysts anticipate that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial’s payout ratio is presently 12.41%.

Synchrony Financial declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 21st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

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.