EFG International AG Invests $1.05 Million in Synchrony Financial $SYF

EFG International AG acquired a new stake in Synchrony Financial (NYSE:SYF) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 13,859 shares of the financial services provider’s stock, valued at approximately $1,054,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SYF. Legal & General Group Plc bought a new stake in Synchrony Financial in the second quarter worth $209,305,000. The Manufacturers Life Insurance Company bought a new position in shares of Synchrony Financial during the second quarter valued at about $12,736,000. Fiduciary Financial Advisors bought a new position in shares of Synchrony Financial during the second quarter valued at about $33,000. L2 Asset Management LLC purchased a new position in shares of Synchrony Financial in the second quarter worth about $8,239,000. Finally, Cibc World Market Inc. purchased a new position in shares of Synchrony Financial in the second quarter worth about $2,325,000. Institutional investors own 96.48% of the company’s stock.

Synchrony Financial Price Performance

SYF stock opened at $79.84 on Thursday. The stock has a market capitalization of $25.98 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.74 and a beta of 1.32. The firm’s 50-day moving average price is $76.49 and its two-hundred day moving average price is $73.04. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.45. The company had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period in the prior year, the business posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, equities analysts predict that Synchrony Financial will post 9.39 earnings per share for the current year.

Synchrony Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were given a $0.34 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio is 13.93%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SYF shares. Loop Capital assumed coverage on Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 target price for the company. JPMorgan Chase & Co. decreased their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Wolfe Research lifted their price target on Synchrony Financial from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday. TD Cowen boosted their price objective on Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Synchrony Financial in a research note on Friday, July 17th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.78.

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.