Vise Technologies Inc. Invests $1.95 Million in Synchrony Financial $SYF

Vise Technologies Inc. purchased a new position in Synchrony Financial (NYSE:SYF) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 25,674 shares of the financial services provider’s stock, valued at approximately $1,953,000.

A number of other hedge funds also recently bought and sold shares of SYF. Edmond DE Rothschild Holding S.A. bought a new stake in Synchrony Financial during the 2nd quarter valued at about $759,000. Tocqueville Asset Management L.P. purchased a new position in Synchrony Financial in the second quarter worth about $533,000. Denali Advisors LLC bought a new position in shares of Synchrony Financial in the second quarter worth approximately $1,646,000. NewEdge Wealth LLC bought a new position in shares of Synchrony Financial in the second quarter worth approximately $349,000. Finally, Great Lakes Advisors LLC purchased a new stake in shares of Synchrony Financial during the second quarter valued at approximately $3,909,000. Institutional investors own 96.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on SYF. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday, July 17th. Royal Bank Of Canada lowered their price objective on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 22nd. Robert W. Baird increased their target price on Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their target price on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, Loop Capital started coverage on Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 price target for the company. Twelve equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $87.89.

Synchrony Financial Stock Performance

Shares of SYF stock opened at $79.53 on Friday. The company has a 50 day moving average price of $76.16 and a 200-day moving average price of $72.92. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The firm has a market capitalization of $25.88 billion, a PE ratio of 8.15, a P/E/G ratio of 0.70 and a beta of 1.32. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08.

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

Synchrony Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio (DPR) is presently 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.