PensionDanmark Pensionsforsikringsaktieselskab Buys 18,678 Shares of Synchrony Financial $SYF

PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of Synchrony Financial (NYSE:SYF) by 47.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,454 shares of the financial services provider’s stock after buying an additional 18,678 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Synchrony Financial were worth $4,445,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SYF. NewEdge Advisors LLC boosted its stake in Synchrony Financial by 8.9% in the first quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after acquiring an additional 679 shares during the last quarter. Woodline Partners LP increased its stake in shares of Synchrony Financial by 36.2% in the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after acquiring an additional 9,460 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Synchrony Financial by 7.7% in the 1st quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 459 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 455 shares during the period. Finally, Sivia Capital Partners LLC raised its position in shares of Synchrony Financial by 56.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock valued at $405,000 after acquiring an additional 2,178 shares during the period. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.0%

SYF stock opened at $78.60 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $25.57 billion, a P/E ratio of 8.05, a P/E/G ratio of 0.74 and a beta of 1.32. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77. The business has a 50-day moving average of $74.48 and a 200-day moving average of $72.61.

Synchrony Financial (NYSE:SYF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter last year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, sell-side analysts anticipate that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 21st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Synchrony Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, August 5th. Synchrony Financial’s dividend payout ratio is 13.93%.

Insider Activity at Synchrony Financial

In other news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $71.23, for a total value of $3,651,107.34. Following the sale, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

SYF has been the subject of a number of analyst reports. BTIG Research cut shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, April 22nd. HSBC increased their target price on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Barclays lifted their price target on shares of Synchrony Financial from $82.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada decreased their price target on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a report on Wednesday, July 22nd. Finally, Robert W. Baird upped their price objective on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Synchrony Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.89.

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.