Teachers Retirement System of The State of Kentucky Decreases Stock Holdings in Synchrony Financial $SYF

Teachers Retirement System of The State of Kentucky lessened its stake in Synchrony Financial (NYSE:SYF) by 26.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 375,564 shares of the financial services provider’s stock after selling 133,170 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.10% of Synchrony Financial worth $26,683,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SYF. Donoghue Forlines LLC purchased a new stake in Synchrony Financial during the 3rd quarter worth approximately $2,064,000. Brandywine Global Investment Management LLC boosted its position in Synchrony Financial by 56.5% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 370,383 shares of the financial services provider’s stock valued at $24,719,000 after buying an additional 133,780 shares during the period. Nordea Investment Management AB grew its stake in shares of Synchrony Financial by 7.9% in the third quarter. Nordea Investment Management AB now owns 4,542,336 shares of the financial services provider’s stock worth $318,236,000 after acquiring an additional 333,093 shares in the last quarter. Ritholtz Wealth Management increased its position in shares of Synchrony Financial by 73.8% during the third quarter. Ritholtz Wealth Management now owns 77,220 shares of the financial services provider’s stock worth $5,486,000 after acquiring an additional 32,802 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Synchrony Financial by 6.1% in the second quarter. AQR Capital Management LLC now owns 4,266,366 shares of the financial services provider’s stock valued at $284,737,000 after acquiring an additional 245,527 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Insider Buying and Selling

In other news, insider Curtis Howse sold 52,556 shares of Synchrony Financial stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total value of $3,800,849.92. Following the transaction, the insider directly owned 94,196 shares of the company’s stock, valued at $6,812,254.72. The trade was a 35.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Arthur W. Coviello, Jr. sold 4,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $289,280.00. Following the completion of the sale, the director owned 32,444 shares of the company’s stock, valued at approximately $2,346,350.08. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

SYF has been the subject of several analyst reports. Wolfe Research began coverage on Synchrony Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $92.00 target price for the company. Keefe, Bruyette & Woods lifted their price objective on Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Truist Financial lowered their price objective on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating for the company in a research report on Thursday, January 29th. Barclays cut their target price on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 28th. Finally, Wells Fargo & Company lifted their price target on shares of Synchrony Financial from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Synchrony Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.11.

Synchrony Financial Stock Down 0.7%

Shares of NYSE:SYF opened at $68.62 on Tuesday. The firm has a 50 day simple moving average of $77.41 and a 200-day simple moving average of $76.00. Synchrony Financial has a twelve month low of $40.54 and a twelve month high of $88.77. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $23.85 billion, a PE ratio of 7.39, a P/E/G ratio of 0.61 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last announced its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, topping the consensus estimate of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.84 billion. During the same period last year, the business earned $1.91 EPS. Synchrony Financial’s revenue for the quarter was down .2% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, equities analysts predict that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. Synchrony Financial’s dividend payout ratio is 12.92%.

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.