Signal Advisors Wealth LLC Grows Position in Synchrony Financial $SYF

Signal Advisors Wealth LLC boosted its position in Synchrony Financial (NYSE:SYF) by 491.3% during the 1st quarter, Holdings Channel reports. The fund owned 16,272 shares of the financial services provider’s stock after acquiring an additional 13,520 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Synchrony Financial were worth $1,107,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FWL Investment Management LLC purchased a new stake in shares of Synchrony Financial in the 3rd quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Synchrony Financial during the 4th quarter worth about $29,000. Advisors Asset Management Inc. purchased a new position in shares of Synchrony Financial in the 4th quarter valued at about $29,000. Palisade Asset Management LLC purchased a new position in shares of Synchrony Financial in the 3rd quarter valued at about $29,000. Finally, Reflection Asset Management acquired a new stake in shares of Synchrony Financial during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analyst Upgrades and Downgrades

SYF has been the topic of several recent analyst reports. 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 target on the stock. BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. Truist Financial upped their price target on Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. reduced their target price on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.05.

Insiders Place Their Bets

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the firm’s 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 sale, the insider directly owned 132,664 shares of the company’s stock, valued at approximately $9,449,656.72. This trade represents a 27.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.36% of the company’s stock.

Synchrony Financial Stock Performance

Synchrony Financial stock opened at $75.06 on Wednesday. The stock has a fifty day moving average of $73.45 and a two-hundred day moving average of $74.47. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77. The company has a market capitalization of $25.25 billion, a price-to-earnings ratio of 7.76, a PEG ratio of 0.67 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The firm’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts anticipate that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

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

Synchrony Financial declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 21st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

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.