Janus Henderson Group PLC Raises Holdings in OneMain Holdings, Inc. $OMF

Janus Henderson Group PLC grew its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 7.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,729,862 shares of the financial services provider’s stock after purchasing an additional 195,591 shares during the period. Janus Henderson Group PLC’s holdings in OneMain were worth $146,030,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of OMF. Norges Bank bought a new position in shares of OneMain during the fourth quarter valued at $100,312,000. Azora Capital LP increased its holdings in OneMain by 210.7% in the 4th quarter. Azora Capital LP now owns 1,362,934 shares of the financial services provider’s stock worth $92,066,000 after buying an additional 924,302 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in OneMain by 57.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,965,244 shares of the financial services provider’s stock valued at $110,958,000 after acquiring an additional 713,670 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of OneMain by 47.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,855,709 shares of the financial services provider’s stock valued at $125,353,000 after acquiring an additional 596,455 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of OneMain by 254.2% in the third quarter. Qube Research & Technologies Ltd now owns 741,752 shares of the financial services provider’s stock worth $41,879,000 after acquiring an additional 532,324 shares during the period. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Insider Buying and Selling

In other OneMain news, COO Micah R. Conrad sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the transaction, the chief operating officer directly owned 96,250 shares in the company, valued at $5,967,500. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 2,500 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total transaction of $160,000.00. Following the completion of the sale, the senior vice president directly owned 10,627 shares of the company’s stock, valued at approximately $680,128. This trade represents a 19.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 9,348 shares of company stock valued at $584,576. Company insiders own 0.29% of the company’s stock.

OneMain Stock Down 1.3%

OMF stock opened at $62.59 on Friday. OneMain Holdings, Inc. has a twelve month low of $45.78 and a twelve month high of $71.93. The stock has a market cap of $7.23 billion, a P/E ratio of 9.43, a PEG ratio of 0.49 and a beta of 1.22. The business’s 50-day moving average price is $58.34 and its 200-day moving average price is $57.69.

OneMain (NYSE:OMF) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.28 billion. OneMain had a return on equity of 23.48% and a net margin of 13.92%.The firm’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.45 EPS. On average, equities research analysts expect that OneMain Holdings, Inc. will post 7.05 earnings per share for the current fiscal year.

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 annualized dividend and a yield of 6.7%. OneMain’s payout ratio is currently 63.25%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on OMF shares. Barclays lowered their price objective on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of OneMain in a report on Friday, July 10th. Wells Fargo & Company cut their price objective on OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. BTIG Research reissued a “neutral” rating on shares of OneMain in a report on Thursday, April 16th. Finally, JPMorgan Chase & Co. dropped their target price on OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research report on Thursday, April 9th. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $68.40.

Key Headlines Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.