Natixis Advisors LLC Cuts Stake in Synchrony Financial $SYF

Natixis Advisors LLC lowered its stake in shares of Synchrony Financial (NYSE:SYF) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 211,394 shares of the financial services provider’s stock after selling 9,564 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of Synchrony Financial worth $15,019,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. grew its position in shares of Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 179 shares during the period. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Synchrony Financial during the 2nd quarter worth approximately $26,000. Salomon & Ludwin LLC raised its holdings in shares of Synchrony Financial by 54.9% in 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 during the period. Colonial Trust Co SC raised its holdings in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 136 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in Synchrony Financial in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Trading Down 2.0%

NYSE:SYF opened at $63.94 on Friday. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The stock’s fifty day moving average price is $74.57 and its two-hundred day moving average price is $75.67. 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 company has a market cap of $22.22 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.58 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 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.84 billion. During the same period in the previous year, the business earned $1.91 earnings per share. The firm’s quarterly 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, analysts expect that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, February 6th. Synchrony Financial’s payout ratio is presently 12.92%.

Insider Buying and Selling at Synchrony Financial

In other news, insider Bart Schaller sold 12,980 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $878,875.80. Following the sale, the insider directly owned 34,035 shares in the company, valued at $2,304,509.85. This represents a 27.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Curtis Howse sold 52,556 shares of the 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 completion of the sale, the insider directly owned 94,196 shares in the company, valued at approximately $6,812,254.72. The trade was a 35.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Robert W. Baird raised Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price objective for the company in a report on Friday, February 13th. Truist Financial dropped their price target on Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a research report on Thursday, January 29th. Barclays cut their price target on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered their price objective on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $87.11.

Synchrony Financial Company 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.