31,997 Shares in Synchrony Financial $SYF Acquired by First National Bank of Omaha

First National Bank of Omaha bought a new stake in Synchrony Financial (NYSE:SYF) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,997 shares of the financial services provider’s stock, valued at approximately $2,273,000.

A number of other hedge funds also recently bought and sold shares of SYF. NEOS Investment Management LLC lifted its stake in Synchrony Financial by 42.0% in the 3rd quarter. NEOS Investment Management LLC now owns 53,599 shares of the financial services provider’s stock worth $3,808,000 after purchasing an additional 15,853 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in Synchrony Financial during the third quarter worth $588,000. Rothschild Investment LLC raised its position in Synchrony Financial by 96.9% in the third quarter. Rothschild Investment LLC now owns 1,534 shares of the financial services provider’s stock valued at $109,000 after purchasing an additional 755 shares during the period. Merit Financial Group LLC raised its position in Synchrony Financial by 14.8% in the third quarter. Merit Financial Group LLC now owns 22,700 shares of the financial services provider’s stock valued at $1,613,000 after purchasing an additional 2,923 shares during the period. Finally, Pallas Capital Advisors LLC lifted its stake in shares of Synchrony Financial by 3.1% in the 3rd quarter. Pallas Capital Advisors LLC now owns 17,519 shares of the financial services provider’s stock valued at $1,245,000 after purchasing an additional 531 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Stock Up 0.7%

SYF stock opened at $72.85 on Thursday. The company has a market cap of $25.32 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.50 and a beta of 1.43. The company has a fifty day moving average price of $79.49 and a 200 day moving average price of $75.92. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. Synchrony Financial has a 12 month low of $40.54 and a 12 month high of $88.77.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts expect that Synchrony Financial will post 7.67 earnings per share for the current year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. Synchrony Financial’s payout ratio is currently 12.92%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SYF. Truist Financial reduced their price target on shares of Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Keefe, Bruyette & Woods upped their price target on Synchrony Financial from $95.00 to $98.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Wolfe Research initiated coverage on shares of Synchrony Financial in a research report on Monday, December 8th. They set an “outperform” rating and a $92.00 price objective for the company. Wells Fargo & Company increased their target price on Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $87.11.

Insider Buying and Selling

In related news, Director Arthur W. Coviello, Jr. sold 4,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $72.32, for a total value of $289,280.00. Following the sale, the director directly owned 32,444 shares of the company’s stock, valued at approximately $2,346,350.08. This represents a 10.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Curtis Howse sold 52,556 shares of Synchrony Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the sale, the insider owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Synchrony Financial 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.