B. Metzler seel. Sohn & Co. AG Takes $2.78 Million Position in Synchrony Financial $SYF

B. Metzler seel. Sohn & Co. AG acquired a new position in Synchrony Financial (NYSE:SYF - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 36,565 shares of the financial services provider's stock, valued at approximately $2,781,000.

Several other institutional investors have also recently made changes to their positions in the business. FWL Investment Management LLC purchased a new position in Synchrony Financial in the 3rd quarter worth approximately $26,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial during the 4th quarter valued at approximately $29,000. Advisors Asset Management Inc. purchased a new stake in Synchrony Financial during the 4th quarter valued at approximately $29,000. Palisade Asset Management LLC bought a new stake in shares of Synchrony Financial during the third quarter valued at approximately $29,000. Finally, Reflection Asset Management bought a new stake in shares of Synchrony Financial during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 96.48% of the company's stock.

Synchrony Financial Stock Performance

Synchrony Financial stock opened at $79.53 on Friday. The company's 50-day moving average price is $76.16 and its 200-day moving average price is $72.92. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. The company has a market cap of $25.88 billion, a PE ratio of 8.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.32. Synchrony Financial has a twelve month low of $63.08 and a twelve month high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. During the same period last year, the company earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities research analysts forecast that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

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

Wall Street Analysts Forecast Growth

SYF has been the subject of several research analyst reports. Robert W. Baird raised their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. TD Cowen boosted their price target on shares of Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. 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. HSBC raised their price objective on Synchrony Financial from $93.00 to $97.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Finally, Royal Bank Of Canada decreased their target price 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. Twelve investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $87.89.

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.

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