Insider Selling: Synchrony Financial (NYSE:SYF) Insider Sells 14,399 Shares of Stock

Synchrony Financial (NYSE:SYF) insider Alberto Casellas sold 14,399 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 $974,956.29. Following the completion of the sale, the insider directly owned 50,331 shares of the company’s stock, valued at approximately $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Synchrony Financial Stock Down 0.2%

SYF stock traded down $0.11 during trading on Tuesday, hitting $68.53. 5,882,960 shares of the company’s stock traded hands, compared to its average volume of 5,168,599. Synchrony Financial has a 1 year low of $40.54 and a 1 year high of $88.77. The business has a fifty day simple moving average of $77.41 and a two-hundred day simple moving average of $76.00. The firm has a market capitalization of $23.82 billion, a P/E ratio of 7.38, a PEG ratio of 0.61 and a beta of 1.42. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98.

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

Synchrony Financial Announces Dividend

The firm also recently declared 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 was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.8%. Synchrony Financial’s payout ratio is presently 12.92%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SYF. Wolfe Research assumed coverage on Synchrony Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective on the stock. Barclays dropped their price objective on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating on the stock in a report on Wednesday, January 28th. Royal Bank Of Canada decreased their price target on shares of 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. Robert W. Baird raised shares of Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price objective for the company in a research note on Friday, February 13th. Finally, BTIG Research cut their price objective on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. One 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $87.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. purchased a new stake in shares of Synchrony Financial during the fourth quarter worth approximately $29,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Synchrony Financial during the fourth quarter worth about $29,000. Westside Investment Management Inc. increased its position in Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after buying an additional 179 shares during the period. FWL Investment Management LLC acquired a new position in Synchrony Financial in the third quarter valued at $26,000. Finally, Reflection Asset Management acquired a new stake in shares of Synchrony Financial during the fourth quarter worth about $31,000. 96.48% of the stock is owned by institutional investors and hedge funds.

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.