Oddo BHF Asset Management Sas Has $4.74 Million Stock Position in Synchrony Financial $SYF

Oddo BHF Asset Management Sas boosted its position in shares of Synchrony Financial (NYSE:SYF) by 28.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 56,831 shares of the financial services provider’s stock after purchasing an additional 12,717 shares during the period. Oddo BHF Asset Management Sas’ holdings in Synchrony Financial were worth $4,741,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SYF. NewEdge Advisors LLC boosted its position in Synchrony Financial by 8.9% during the first quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 679 shares during the last quarter. Woodline Partners LP boosted its position in Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after purchasing an additional 9,460 shares during the last quarter. Focus Partners Wealth boosted its position in Synchrony Financial by 7.7% during the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 459 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 455 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its position in Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock valued at $405,000 after purchasing an additional 2,178 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of Synchrony Financial stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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.

Synchrony Financial Trading Up 1.8%

Synchrony Financial stock opened at $74.64 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24. The business’s 50-day simple moving average is $72.91 and its 200-day simple moving average is $74.59. The firm has a market capitalization of $25.11 billion, a PE ratio of 7.72, a PEG ratio of 0.65 and a beta of 1.33. Synchrony Financial has a 52 week low of $60.01 and a 52 week high of $88.77.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data 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. The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The firm’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities research analysts forecast that Synchrony Financial will post 9.29 earnings per share for the current year.

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

Synchrony Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. Synchrony Financial’s payout ratio is presently 12.41%.

Analyst Upgrades and Downgrades

SYF has been the topic of several recent research reports. JPMorgan Chase & Co. cut their target price on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. BTIG Research lowered Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. Truist Financial raised their target price on Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Loop Capital initiated coverage on Synchrony Financial in a report on Friday, May 22nd. They set a “hold” rating and a $81.00 target price on the stock. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Monday, April 20th. One investment 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.