Pacer Advisors Inc. Trims Holdings in Synchrony Financial $SYF

Pacer Advisors Inc. decreased its position in shares of Synchrony Financial (NYSE:SYF) by 83.6% in the first quarter, HoldingsChannel reports. The firm owned 18,262 shares of the financial services provider’s stock after selling 93,215 shares during the quarter. Pacer Advisors Inc.’s holdings in Synchrony Financial were worth $1,242,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new stake in Synchrony Financial during the 4th quarter worth about $29,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Synchrony Financial in the fourth quarter worth about $29,000. FWL Investment Management LLC purchased a new stake in shares of Synchrony Financial in the third quarter worth about $26,000. Reflection Asset Management acquired a new stake in Synchrony Financial during the fourth quarter worth about $31,000. Finally, Palisade Asset Management LLC purchased a new position in Synchrony Financial during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Stock Performance

SYF opened at $78.60 on Monday. The firm’s fifty day simple moving average is $74.48 and its two-hundred day simple moving average is $72.61. Synchrony Financial has a 52-week low of $63.08 and a 52-week high of $88.77. The company has a market cap of $25.57 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 0.74 and a beta of 1.32. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.45. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. The firm had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Equities analysts anticipate that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial announced that its board has approved a share buyback plan on Tuesday, April 21st that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Synchrony Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be paid a $0.34 dividend. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, August 5th. Synchrony Financial’s dividend payout ratio is presently 13.93%.

Insider Buying and Selling

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the transaction, the insider owned 132,664 shares in the company, valued at approximately $9,449,656.72. This trade represents a 27.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on SYF. Royal Bank Of Canada lowered their price objective on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. decreased their target price on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Wells Fargo & Company lowered their price target on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Loop Capital assumed coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price target on the stock. Finally, TD Cowen lifted their price objective on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Twelve equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $87.89.

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.