Osmosis Investment Management UK Ltd Buys New Shares in Synchrony Financial $SYF

Osmosis Investment Management UK Ltd bought a new position in shares of Synchrony Financial (NYSE:SYF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,517 shares of the financial services provider’s stock, valued at approximately $1,180,000.

A number of other large investors have also recently added to or reduced their stakes in SYF. KTF Investments LLC purchased a new stake in shares of Synchrony Financial during the fourth quarter valued at $3,923,000. Assenagon Asset Management S.A. increased its stake in Synchrony Financial by 959.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider’s stock worth $37,131,000 after purchasing an additional 494,354 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in Synchrony Financial by 701.9% in the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider’s stock worth $10,095,000 after purchasing an additional 105,907 shares in the last quarter. Forsta AP Fonden increased its stake in Synchrony Financial by 7.7% in the 4th quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider’s stock worth $19,097,000 after purchasing an additional 16,400 shares in the last quarter. Finally, Arbejdsmarkedets Tillaegspension raised its holdings in Synchrony Financial by 31.2% during the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 376,640 shares of the financial services provider’s stock worth $25,619,000 after buying an additional 89,528 shares during the period. 96.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on SYF shares. TD Cowen upped their price objective on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Robert W. Baird lifted their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. HSBC boosted their price target on shares of Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a report on Monday, July 13th. Wells Fargo & Company reduced their price target on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Loop Capital began coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Synchrony Financial presently has an average rating of “Moderate Buy” and an average target price of $87.89.

Synchrony Financial Stock Up 0.7%

Shares of Synchrony Financial stock opened at $80.06 on Tuesday. The stock has a 50-day moving average price of $76.26 and a 200 day moving average price of $72.96. The company has a market cap 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. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The firm had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. During the same period last year, the company posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, analysts expect that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

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

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.