RWC Asset Management LLP raised its stake in Synchrony Financial (NYSE:SYF – Free Report) by 26.8% in the third quarter, HoldingsChannel.com reports. The fund owned 255,615 shares of the financial services provider’s stock after buying an additional 54,047 shares during the quarter. RWC Asset Management LLP’s holdings in Synchrony Financial were worth $18,141,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently made changes to their positions in SYF. BlackRock Inc. acquired a new stake in shares of Synchrony Financial during the 2nd quarter worth approximately $2,349,452,000. Bank of America Corp DE bought a new stake in shares of Synchrony Financial in the 2nd quarter worth approximately $1,122,961,000. Dimensional Fund Advisors LP lifted its holdings in shares of Synchrony Financial by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,039,753 shares of the financial services provider’s stock worth $410,760,000 after purchasing an additional 365,353 shares during the last quarter. First Trust Advisors LP boosted its position in Synchrony Financial by 5.6% during the 1st quarter. First Trust Advisors LP now owns 5,338,110 shares of the financial services provider’s stock valued at $363,098,000 after purchasing an additional 281,451 shares during the period. Finally, Assetmark Inc. boosted its position in Synchrony Financial by 0.9% during the 1st quarter. Assetmark Inc. now owns 4,338,604 shares of the financial services provider’s stock valued at $295,112,000 after purchasing an additional 37,114 shares during the period. 96.48% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Evercore downgraded Synchrony Financial from an “outperform” rating to a “hold” rating and set a $78.00 price objective for the company. in a research note on Wednesday. Robert W. Baird raised 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. UBS Group cut their target price on Synchrony Financial from $87.00 to $81.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. BMO Capital Markets started coverage on shares of Synchrony Financial in a report on Friday, October 9th. They set a “market perform” rating and a $81.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Synchrony Financial from $74.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $87.83.
Key Synchrony Financial News
Here are the key news stories impacting Synchrony Financial this week:
- Positive Sentiment: Synchrony raised or reaffirmed FY 2026 EPS guidance at $9.50, slightly above the $9.44 consensus estimate. The guidance suggests earnings are holding up better than expected. Synchrony Financial earnings guidance
- Positive Sentiment: Zacks upgraded SYF to Rank #2, or “Buy,” citing improving earnings prospects. Zacks also highlighted Synchrony as a potential long-term value stock, which could attract investors given its low valuation and strong profitability. Zacks upgrades Synchrony to Buy Synchrony long-term value analysis
- Positive Sentiment: Barclays reportedly maintained a constructive view and expects additional upside for the stock, providing a counterpoint to the more cautious analyst calls. Barclays view on Synchrony
- Neutral Sentiment: Analyst opinion remains divided: BMO maintained a Hold rating, while other coverage cited mixed views across financial companies. This lack of consensus may limit near-term buying interest. BMO maintains Hold rating
- Neutral Sentiment: Synchrony reported 311.4 million shares outstanding in its third-quarter 2026 filing. The disclosure is routine and does not signal a major change in capital allocation. Synchrony shares outstanding filing
- Negative Sentiment: Evercore downgraded Synchrony to “In Line,” citing higher rates and macroeconomic volatility. Those factors could pressure borrowing costs, consumer credit quality and loan demand. Evercore downgrades Synchrony
- Negative Sentiment: Evercore’s rating reduction adds near-term selling pressure despite Synchrony’s recent earnings outperformance and attractive valuation. Evercore rating reduction
Synchrony Financial Stock Performance
SYF traded down $1.43 during trading hours on Friday, hitting $73.66. The company’s stock had a trading volume of 3,787,633 shares, compared to its average volume of 3,239,260. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77. The company has a current ratio of 1.23, a quick ratio of 1.22 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $23.97 billion, a PE ratio of 7.69, a PEG ratio of 0.85 and a beta of 1.35. The company has a 50-day simple moving average of $75.43 and a 200 day simple moving average of $74.71.
Synchrony Financial (NYSE:SYF – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.26. Synchrony Financial had a return on equity of 22.26% and a net margin of 14.59%. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the previous year, the firm posted $2.86 EPS. As a group, sell-side analysts expect that Synchrony Financial will post 9.62 EPS for the current year.
Synchrony Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Thursday, November 5th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Thursday, November 5th. Synchrony Financial’s dividend payout ratio is currently 14.20%.
Synchrony Financial Profile
Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.
The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.
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