Synchrony Financial $SYF Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC reduced its holdings in shares of Synchrony Financial (NYSE:SYF) by 14.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 491,410 shares of the financial services provider’s stock after selling 85,134 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.14% of Synchrony Financial worth $34,915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Colonial Trust Co SC raised its holdings in shares of Synchrony Financial by 40.2% in the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 136 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Synchrony Financial by 15.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,106 shares of the financial services provider’s stock valued at $74,000 after acquiring an additional 145 shares during the last quarter. United Community Bank increased its position in Synchrony Financial by 3.4% during the 3rd quarter. United Community Bank now owns 4,469 shares of the financial services provider’s stock worth $318,000 after purchasing an additional 145 shares in the last quarter. Salomon & Ludwin LLC increased its position in Synchrony Financial by 54.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 146 shares in the last quarter. Finally, SYM FINANCIAL Corp lifted its holdings in Synchrony Financial by 3.0% in the 3rd quarter. SYM FINANCIAL Corp now owns 5,126 shares of the financial services provider’s stock valued at $364,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on SYF. Robert W. Baird raised shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target on the stock in a research note on Friday, February 13th. Barclays cut 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. Wells Fargo & Company upped their price objective on shares of Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. lowered their target price on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Finally, Wolfe Research initiated coverage on Synchrony Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $92.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.11.

Synchrony Financial Price Performance

SYF opened at $66.64 on Friday. The company’s 50 day simple moving average is $76.06 and its 200 day simple moving average is $75.88. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The stock has a market capitalization of $23.16 billion, a PE ratio of 7.17, a P/E/G ratio of 0.59 and a beta of 1.42.

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. 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 during the quarter, compared to the consensus estimate of $3.84 billion. During the same period in the previous year, the firm earned $1.91 earnings per share. Synchrony Financial’s revenue 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, sell-side analysts expect that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Synchrony Financial’s payout ratio is currently 12.92%.

Insider Buying and Selling at Synchrony Financial

In other news, insider Alberto Casellas sold 14,399 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the transaction, the insider directly owned 50,331 shares in the company, valued at $3,407,912.01. This trade represents a 22.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $68.68, for a total value of $14,941,608.72. Following the sale, the insider owned 829,222 shares of the company’s stock, valued at $56,950,966.96. The trade was a 20.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is currently owned by company insiders.

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.