Danske Bank A S Acquires Shares of 215,617 Synchrony Financial $SYF

Danske Bank A S bought a new position in shares of Synchrony Financial (NYSE:SYF) during the second quarter, HoldingsChannel reports. The fund bought 215,617 shares of the financial services provider’s stock, valued at approximately $16,398,000.

A number of other institutional investors have also modified their holdings of SYF. World Investment Advisors grew its position in Synchrony Financial by 0.6% during the 1st quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock worth $1,556,000 after purchasing an additional 134 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Synchrony Financial by 7.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock valued at $166,000 after acquiring an additional 135 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Synchrony Financial by 3.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock valued at $333,000 after buying an additional 149 shares during the period. Legacy Financial Advisors Inc. lifted its holdings in Synchrony Financial by 5.1% in the fourth quarter. Legacy Financial Advisors Inc. now owns 3,109 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 152 shares during the period. Finally, WealthTrust Asset Management LLC lifted its stake in shares of Synchrony Financial by 0.9% in the first quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock valued at $1,187,000 after purchasing an additional 156 shares during the period. 96.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on SYF. Royal Bank Of Canada decreased their target price on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 22nd. Loop Capital started coverage on Synchrony Financial in a research note on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. UBS Group boosted their price objective on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Robert W. Baird raised their price target on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Finally, Truist Financial increased their target price on Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a research note on Thursday, April 23rd. Twelve research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.89.

Synchrony Financial Price Performance

NYSE SYF opened at $76.76 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The stock has a market capitalization of $24.98 billion, a P/E ratio of 7.86, a P/E/G ratio of 0.73 and a beta of 1.32. The business’s fifty day moving average is $76.03 and its two-hundred day moving average is $72.88.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.45. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the previous year, the company earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, research analysts forecast that Synchrony Financial will post 9.37 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were paid a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 annualized dividend and a yield of 1.8%. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio (DPR) is currently 13.93%.

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.