Insider Selling: Synchrony Financial (NYSE:SYF) Insider Sells $261,699.15 in Stock

Synchrony Financial (NYSE:SYF) insider Darrell Owens sold 3,865 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $261,699.15. Following the transaction, the insider owned 17,432 shares of the company’s stock, valued at $1,180,320.72. This trade represents a 18.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Synchrony Financial Stock Performance

Shares of NYSE:SYF opened at $69.00 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. The business’s fifty day moving average price is $76.44 and its two-hundred day moving average price is $75.88. Synchrony Financial has a fifty-two week low of $40.54 and a fifty-two week high of $88.77. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 0.61 and a beta of 1.42.

Synchrony Financial (NYSE:SYF) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating 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 company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the previous year, the company earned $1.91 EPS. The firm’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. As a group, analysts predict that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

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

Wall Street Analyst Weigh In

SYF has been the topic of a number of research analyst reports. Robert W. Baird upgraded Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target on the stock in a research report on Friday, February 13th. TD Cowen boosted their price objective on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Royal Bank Of Canada lowered their target price on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Truist Financial cut their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Finally, Barclays lowered their price objective on shares of Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.11.

Institutional Investors Weigh In On Synchrony Financial

A number of institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in shares of Synchrony Financial by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock worth $439,000 after buying an additional 679 shares during the period. Woodline Partners LP grew its holdings in Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after purchasing an additional 9,460 shares during the period. Focus Partners Wealth increased its stake in Synchrony Financial by 7.7% in the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 459 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Synchrony Financial by 337.0% in the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 455 shares during the period. Finally, Sivia Capital Partners LLC boosted its position in shares of Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 2,178 shares in the last quarter. 96.48% of the stock is owned by institutional investors.

About Synchrony Financial

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.