73,589 Shares in Synchrony Financial $SYF Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of Synchrony Financial (NYSE:SYF) in the second quarter, HoldingsChannel reports. The fund bought 73,589 shares of the financial services provider’s stock, valued at approximately $5,596,000.

Several other large investors have also recently bought and sold shares of SYF. World Investment Advisors grew its position in shares of Synchrony Financial by 0.6% in the 1st quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after buying an additional 134 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in 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 during the last quarter. Smartleaf Asset Management LLC boosted its stake in Synchrony Financial by 3.1% in the second quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock valued at $333,000 after acquiring an additional 149 shares in the last quarter. Legacy Financial Advisors Inc. boosted its stake 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 in the last quarter. Finally, WealthTrust Asset Management LLC boosted its stake in 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 acquiring an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.7%

SYF opened at $80.06 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50 day simple moving average of $76.26 and a 200-day simple moving average of $72.96. The stock has a market capitalization of $26.05 billion, a P/E ratio of 8.20, a P/E/G ratio of 0.73 and a beta of 1.32. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77.

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

Synchrony Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were given a dividend of $0.34 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s payout ratio is presently 13.93%.

Analyst Ratings Changes

SYF has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Loop Capital initiated coverage on Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective for the company. Wells Fargo & Company decreased their price objective on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday, July 17th. Finally, TD Cowen lifted their target price on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Twelve research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Company Profile

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.