Munich Reinsurance Co Stock Corp in Munich Makes New $2.25 Million Investment in Synchrony Financial $SYF

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in Synchrony Financial (NYSE:SYF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 31,685 shares of the financial services provider’s stock, valued at approximately $2,251,000.

Several other hedge funds have also recently modified their holdings of SYF. Colonial Trust Co SC raised its stake in shares of Synchrony Financial by 40.2% during the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 136 shares during the period. Parkside Financial Bank & Trust boosted its stake in Synchrony Financial by 15.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,106 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 145 shares during the period. United Community Bank boosted its stake in Synchrony Financial by 3.4% in 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 during the period. Salomon & Ludwin LLC grew its holdings in Synchrony Financial by 54.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock valued at $29,000 after buying an additional 146 shares in the last quarter. Finally, SYM FINANCIAL Corp grew its holdings in Synchrony Financial by 3.0% during the 3rd quarter. SYM FINANCIAL Corp now owns 5,126 shares of the financial services provider’s stock valued at $364,000 after buying an additional 148 shares in the last quarter. Institutional investors own 96.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SYF. Keefe, Bruyette & Woods upped their price target on Synchrony Financial from $95.00 to $98.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Wolfe Research initiated coverage on shares of Synchrony Financial in a research report on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective for the company. JPMorgan Chase & Co. reduced their price objective 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. Wall Street Zen lowered shares of Synchrony Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Wells Fargo & Company increased their target price 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 assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Synchrony Financial has an average rating of “Moderate Buy” and a consensus target price of $87.11.

Synchrony Financial Stock Down 3.4%

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

Synchrony Financial (NYSE:SYF) last announced its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (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 business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.84 billion. During the same period in the previous year, the business posted $1.91 earnings per share. Synchrony Financial’s revenue for the quarter was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts predict that Synchrony Financial will post 7.67 EPS for the current fiscal 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 given a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Synchrony Financial’s dividend payout ratio (DPR) is 12.92%.

Insider Activity at Synchrony Financial

In related news, insider Brian J. Sr. Wenzel sold 47,112 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total value of $3,164,041.92. Following the transaction, the insider owned 64,221 shares of the company’s stock, valued at $4,313,082.36. This represents a 42.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Curtis Howse sold 7,882 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $533,690.22. Following the sale, the insider owned 94,873 shares in the company, valued at $6,423,850.83. The trade was a 7.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 379,928 shares of company stock worth $26,170,764 in the last three months. 0.32% of the stock is owned by 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.