Jupiter Asset Management Ltd. Makes New Investment in Synchrony Financial $SYF

Jupiter Asset Management Ltd. acquired a new stake in Synchrony Financial (NYSE:SYF) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 29,672 shares of the financial services provider’s stock, valued at approximately $2,108,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Syon Capital LLC raised its holdings in Synchrony Financial by 20.3% during the 3rd quarter. Syon Capital LLC now owns 14,372 shares of the financial services provider’s stock valued at $1,021,000 after buying an additional 2,426 shares during the last quarter. First National Bank of Omaha bought a new stake in Synchrony Financial in the 3rd quarter worth $2,273,000. NEOS Investment Management LLC increased its position in shares of Synchrony Financial by 42.0% in the third quarter. NEOS Investment Management LLC now owns 53,599 shares of the financial services provider’s stock valued at $3,808,000 after acquiring an additional 15,853 shares during the period. GSA Capital Partners LLP bought a new position in shares of Synchrony Financial during the third quarter valued at about $588,000. Finally, Rothschild Investment LLC boosted its holdings in shares of Synchrony Financial by 96.9% during the third quarter. Rothschild Investment LLC now owns 1,534 shares of the financial services provider’s stock worth $109,000 after purchasing an additional 755 shares during the period. Institutional investors own 96.48% of the company’s stock.

Insider Activity

In other news, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $3,800,849.92. Following the sale, the insider directly owned 94,196 shares of the company’s stock, valued at $6,812,254.72. The trade was a 35.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Arthur W. Coviello, Jr. sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $289,280.00. Following the completion of the sale, the director owned 32,444 shares in the company, valued at $2,346,350.08. The trade was a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their target price on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price for the company in a report on Wednesday, January 28th. TD Cowen raised their price target on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, BTIG Research cut their price target on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.11.

Synchrony Financial Trading Up 1.5%

SYF opened at $73.36 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. Synchrony Financial has a 52 week low of $40.54 and a 52 week high of $88.77. The stock has a market cap of $25.50 billion, a PE ratio of 7.90, a PEG ratio of 0.65 and a beta of 1.43. The business has a 50 day moving average of $79.00 and a 200-day moving average of $75.96.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.16. The company had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts predict that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

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.