Foster & Motley Inc. Buys 7,070 Shares of Synchrony Financial $SYF

Foster & Motley Inc. lifted its stake in shares of Synchrony Financial (NYSE:SYF) by 12.2% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 65,011 shares of the financial services provider’s stock after buying an additional 7,070 shares during the quarter. Foster & Motley Inc.’s holdings in Synchrony Financial were worth $4,422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. boosted its holdings in shares of Synchrony Financial by 7.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after acquiring an additional 135 shares during the period. Colonial Trust Co SC grew its position in shares of Synchrony Financial by 40.2% in the third 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 during the last quarter. CoreCap Advisors LLC increased its stake in shares of Synchrony Financial by 34.4% during the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 139 shares during the period. Choreo LLC lifted its holdings in Synchrony Financial by 1.1% during the 4th quarter. Choreo LLC now owns 13,486 shares of the financial services provider’s stock worth $1,137,000 after purchasing an additional 145 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Synchrony Financial by 3.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 149 shares during the last quarter. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Price Performance

Shares of NYSE SYF opened at $78.50 on Friday. The business has a fifty day moving average price of $73.56 and a two-hundred day moving average price of $74.43. The stock has a market capitalization of $26.41 billion, a PE ratio of 8.12, a P/E/G ratio of 0.67 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $2.27 EPS for the quarter, topping analysts’ consensus estimates 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 quarter last year, the business earned $1.89 earnings per share. Synchrony Financial’s revenue was down 7.4% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, equities analysts predict that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial declared that its Board of Directors has approved a stock repurchase plan on Tuesday, April 21st that permits the company to buyback $0.00 in shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.41%.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Truist Financial upped their price objective on Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Wells Fargo & Company dropped their target price on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. JPMorgan Chase & Co. reduced their target price on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Loop Capital started coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $86.05.

Synchrony Financial 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.