Quantinno Capital Management LP Raises Holdings in OneMain Holdings, Inc. $OMF

Quantinno Capital Management LP grew its holdings in OneMain Holdings, Inc. (NYSE:OMF) by 46.9% in the first quarter, Holdings Channel reports. The firm owned 271,816 shares of the financial services provider’s stock after buying an additional 86,782 shares during the quarter. Quantinno Capital Management LP’s holdings in OneMain were worth $14,539,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of OMF. CIBC Private Wealth Group LLC increased its holdings in OneMain by 117.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock worth $25,000 after buying an additional 202 shares in the last quarter. Core Wealth Advisors LLC purchased a new position in OneMain in the 4th quarter worth about $31,000. Atlantic Union Bankshares Corp bought a new position in OneMain during the 4th quarter valued at about $36,000. Transamerica Financial Advisors LLC lifted its stake in OneMain by 88.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 314 shares during the period. Finally, Spire Wealth Management boosted its holdings in shares of OneMain by 83.2% during the 4th quarter. Spire Wealth Management now owns 700 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 318 shares during the last quarter. Hedge funds and other institutional investors own 85.82% of the company’s stock.

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 Stock Up 0.0%

NYSE OMF opened at $62.59 on Monday. The company has a 50-day moving average price of $58.34 and a 200-day moving average price of $57.63. OneMain Holdings, Inc. has a 52 week low of $45.78 and a 52 week high of $71.93. The firm has a market capitalization of $7.20 billion, a P/E ratio of 9.43, a PEG ratio of 0.48 and a beta of 1.21.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.05. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.28 billion. OneMain had a net margin of 13.92% and a return on equity of 23.49%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.45 earnings per share. As a group, equities research analysts anticipate that OneMain Holdings, Inc. will post 7.12 EPS for the current year.

OneMain Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be given a $1.05 dividend. The ex-dividend date is Monday, August 10th. This represents a $4.20 annualized dividend and a yield of 6.7%. OneMain’s dividend payout ratio (DPR) is presently 63.25%.

Insider Buying and Selling at OneMain

In other news, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the transaction, the chief operating officer owned 96,250 shares in the company, valued at $5,967,500. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing 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 business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total transaction of $160,000.00. Following the sale, the senior vice president directly owned 10,627 shares of the company’s stock, valued at approximately $680,128. The trade was a 19.04% decrease in their position. 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. Insiders have sold a total of 9,348 shares of company stock worth $584,576 in the last quarter. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on OMF. Truist Financial lifted their price target on shares of OneMain from $70.00 to $71.00 and gave the stock a “buy” rating in a research note on Thursday. BTIG Research reaffirmed a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Royal Bank Of Canada boosted their target price on shares of OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research note on Thursday. Weiss Ratings reissued a “buy (b-)” rating on shares of OneMain in a report on Tuesday, July 7th. Finally, Wells Fargo & Company dropped their price target on OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Eight equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, OneMain has an average rating of “Moderate Buy” and an average target price of $68.40.

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.