SG Americas Securities LLC increased its position in shares of SLM Corporation (NASDAQ:SLM – Free Report) by 1,289.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,908 shares of the credit services provider’s stock after acquiring an additional 62,092 shares during the period. SG Americas Securities LLC’s holdings in SLM were worth $1,852,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Goldman Sachs Group Inc. grew its holdings in shares of SLM by 33.4% in the first quarter. Goldman Sachs Group Inc. now owns 547,724 shares of the credit services provider’s stock valued at $16,087,000 after purchasing an additional 137,285 shares in the last quarter. Amalgamated Bank grew its stake in shares of SLM by 0.3% in the second quarter. Amalgamated Bank now owns 96,570 shares of the credit services provider’s stock worth $3,167,000 after acquiring an additional 326 shares in the last quarter. Strs Ohio acquired a new position in shares of SLM in the first quarter worth $1,472,000. Captrust Financial Advisors increased its position in shares of SLM by 6.1% during the second quarter. Captrust Financial Advisors now owns 36,889 shares of the credit services provider’s stock worth $1,210,000 after acquiring an additional 2,109 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of SLM by 6.6% in the first quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider’s stock valued at $627,000 after acquiring an additional 1,319 shares in the last quarter. Institutional investors and hedge funds own 98.94% of the company’s stock.
SLM Stock Up 0.8%
SLM stock opened at $27.04 on Thursday. The stock has a market cap of $5.49 billion, a P/E ratio of 9.49, a PEG ratio of 1.13 and a beta of 1.12. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 3.27. SLM Corporation has a twelve month low of $23.81 and a twelve month high of $34.97. The company’s 50 day moving average is $27.78 and its two-hundred day moving average is $29.24.
SLM Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Thursday, December 4th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, December 4th. SLM’s payout ratio is presently 18.25%.
SLM News Summary
Here are the key news stories impacting SLM this week:
- Positive Sentiment: Valuation/earnings support: SLM trades at a low P/E (~9.5) with strong reported ROE (~30%) and analysts projecting ~3.07 EPS for the year — factors that can attract bargain hunters and help the stock recover despite headline risk.
- Neutral Sentiment: Procedural deadlines to join/lead lawsuits: Several firms are reminding investors of the Feb. 17, 2026 deadline to seek lead‑plaintiff status or join the class action covering purchases between July 25, 2025 and Aug 14, 2025. These notices are routine solicitor activity that generates headlines but primarily represent procedural steps at this stage. February 17, 2026 Deadline: Levi & Korsinsky
- Negative Sentiment: Multiple class‑action filings and firm solicitations allege securities law violations tied to the July–Aug 2025 period — Pomerantz has filed a class action and numerous plaintiff firms (Robbins Geller, Schall, Faruqi, Bronstein, Berger Montague, DJS, others) are soliciting lead plaintiffs. The proliferation of suits increases potential legal costs, management distraction and uncertainty over liability or damages. Pomerantz filing
- Negative Sentiment: Analyst stance: JPMorgan reiterated an “Underweight” rating on SLM, reinforcing cautious sell‑side sentiment and potentially limiting upward momentum while litigation risk remains. JPMorgan reiterates Underweight
- Negative Sentiment: Ongoing outreach by plaintiffs’ firms (examples: Schall, Levi & Korsinsky, Robbins Geller, Faruqi, Bronstein, Berger Montague, DJS, Howard G.) — multiple PR notices amplify the legal narrative and could increase short‑term volatility as investors assess potential exposure. Example: Howard G. notice
Wall Street Analysts Forecast Growth
Several research analysts recently commented on SLM shares. JPMorgan Chase & Co. reissued an “underweight” rating and set a $25.00 target price (down from $29.00) on shares of SLM in a research note on Monday. Weiss Ratings raised SLM from a “hold (c)” rating to a “buy (b-)” rating in a research report on Saturday, October 25th. Cowen restated a “buy” rating on shares of SLM in a research note on Friday, December 5th. Barclays reduced their target price on shares of SLM from $43.00 to $35.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. Finally, Morgan Stanley set a $30.00 price target on shares of SLM in a report on Tuesday, December 16th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $31.20.
Read Our Latest Research Report on SLM
About SLM
SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.
Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.
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