Azora Capital LP Takes $36.62 Million Position in Synchrony Financial $SYF

Key Points

• Azora Capital LP acquired 481,469 shares of Synchrony Financial worth approximately $36.62 million, representing about 0.15% of the company and 1.5% of Azora’s portfolio. Institutional investors collectively own 96.48% of SYF.
• Synchrony reported quarterly earnings of $2.59 per share, beating estimates by $0.45, on revenue of $3.72 billion. Management guided to fiscal 2026 EPS of $9.25–$9.50, with analysts expecting $9.39.
• The company raised its quarterly dividend from $0.30 to $0.34 per share, implying an annualized yield of 1.7%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $87.78, versus a recent price of $79.84.

Azora Capital LP purchased a new position in shares of Synchrony Financial (NYSE:SYF - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 481,469 shares of the financial services provider's stock, valued at approximately $36,616,000. Synchrony Financial comprises about 1.5% of Azora Capital LP's holdings, making the stock its 24th largest holding. Azora Capital LP owned approximately 0.15% of Synchrony Financial as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in shares of Synchrony Financial by 8.9% in the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider's stock worth $439,000 after acquiring an additional 679 shares during the last quarter. Woodline Partners LP increased its holdings in Synchrony Financial by 36.2% in the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider's stock valued at $1,884,000 after purchasing an additional 9,460 shares during the last quarter. Focus Partners Wealth raised its position in Synchrony Financial by 7.7% in the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider's stock valued at $339,000 after purchasing an additional 459 shares during the period. Geneos Wealth Management Inc. raised its position in Synchrony Financial by 337.0% in the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 455 shares during the period. Finally, Sivia Capital Partners LLC lifted its stake in Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider's stock worth $405,000 after purchasing an additional 2,178 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company's stock.

Synchrony Financial Trading Down 1.2%

NYSE:SYF opened at $79.84 on Thursday. The stock's 50 day moving average price is $76.49 and its 200 day moving average price is $73.04. The company has a market capitalization of $25.98 billion, a PE ratio of 8.18, a P/E/G 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 has a 52-week low of $63.08 and a 52-week high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts' consensus estimates of $2.14 by $0.45. The company had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same quarter in the previous year, the business earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, research analysts anticipate that Synchrony Financial will post 9.39 EPS for the current year.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Wednesday, August 5th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is an increase from Synchrony Financial's previous quarterly dividend of $0.30. Synchrony Financial's dividend payout ratio (DPR) is currently 13.93%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SYF. Wells Fargo & Company dropped their target price on Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. TD Cowen increased their price target on shares of Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. UBS Group raised their price objective on shares of Synchrony Financial from $84.00 to $87.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Weiss Ratings restated a "buy (b-)" rating on shares of Synchrony Financial in a report on Friday, July 17th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating for the company in a report on Monday, July 13th. Twelve equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $87.78.

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.

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