Corient Private Wealth LP Purchases Shares of 196,888 Synchrony Financial $SYF

Key Points

• Corient Private Wealth LP acquired 196,888 Synchrony Financial shares worth approximately $13.8 million, representing about 0.06% of the company. Institutional investors and hedge funds collectively own 96.48% of SYF.
• Synchrony reported quarterly EPS of $2.59, beating estimates by $0.45, while maintaining FY 2026 EPS guidance of $9.25–$9.50. The company also raised its quarterly dividend to $0.34 per share, equivalent to a 1.7% yield.
• Analysts remain broadly positive, with 12 Buy ratings and seven Holds; the stock has a consensus target price of $87.78 versus its recent price of $78.21.

Corient Private Wealth LP acquired a new position in shares of Synchrony Financial (NYSE:SYF - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 196,888 shares of the financial services provider's stock, valued at approximately $13,848,000. Corient Private Wealth LP owned about 0.06% of Synchrony Financial at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ausdal Financial Partners Inc. bought a new position in shares of Synchrony Financial in the second quarter valued at approximately $243,000. Azora Capital LP bought a new stake in Synchrony Financial during the 2nd quarter worth approximately $36,616,000. Bank of America Corp DE acquired a new stake in Synchrony Financial during the 2nd quarter valued at $1,122,961,000. Basswood Capital Management L.L.C. acquired a new stake in Synchrony Financial during the 2nd quarter valued at $45,734,000. Finally, Caisse de depot et placement du Quebec bought a new position in Synchrony Financial in the 2nd quarter valued at $114,216,000. Institutional investors and hedge funds own 96.48% of the company's stock.

Synchrony Financial Stock Down 2.2%

NYSE SYF opened at $78.21 on Friday. The stock has a market capitalization of $25.45 billion, a P/E ratio of 8.01, a price-to-earnings-growth ratio of 0.71 and a beta of 1.32. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a fifty day moving average of $76.64 and a 200-day moving average of $73.11.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates 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 prior year, the firm posted $2.50 earnings per share. 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 9.38 EPS for the current year.

Synchrony Financial Increases Dividend

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

Analyst Ratings Changes

Several brokerages have recently commented on SYF. TD Cowen increased their target price on Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Synchrony Financial in a report on Friday, July 17th. Wolfe Research upped their price target on shares of Synchrony Financial from $85.00 to $90.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 25th. UBS Group increased their price objective on shares of Synchrony Financial from $84.00 to $87.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Finally, Loop Capital began coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They issued a "hold" rating and a $81.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Synchrony Financial presently has an average rating of "Moderate Buy" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source