Dimensional Fund Advisors LP Buys 308,370 Shares of OneMain Holdings, Inc. $OMF

Key Points

• Dimensional Fund Advisors LP increased its stake in OneMain Holdings by 7.6% in the first quarter, buying 308,370 additional shares and bringing its total to 4.34 million shares valued at about $232.3 million.
• OneMain posted stronger-than-expected quarterly results, with EPS of $1.95 beating estimates and revenue of $1.58 billion topping forecasts. The company also reported solid profitability metrics, including a 14.38% net margin and 24.24% return on equity.
• The stock offers a high dividend yield but analysts remain mixed: OneMain paid a quarterly dividend of $1.05, implying a 7.2% annualized yield, while recent analyst actions included target cuts and a consensus rating of “Moderate Buy.”

Dimensional Fund Advisors LP boosted its position in shares of OneMain Holdings, Inc. (NYSE:OMF - Free Report) by 7.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,342,241 shares of the financial services provider's stock after buying an additional 308,370 shares during the quarter. Dimensional Fund Advisors LP owned 3.76% of OneMain worth $232,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of OMF. Csenge Advisory Group raised its stake in shares of OneMain by 4.1% in the fourth quarter. Csenge Advisory Group now owns 4,239 shares of the financial services provider's stock valued at $286,000 after acquiring an additional 167 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of OneMain by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,075 shares of the financial services provider's stock worth $275,000 after purchasing an additional 174 shares during the period. Geneos Wealth Management Inc. grew its holdings in OneMain by 9.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,112 shares of the financial services provider's stock valued at $120,000 after purchasing an additional 176 shares during the last quarter. New York State Teachers Retirement System grew its holdings in OneMain by 1.7% during the 1st quarter. New York State Teachers Retirement System now owns 11,131 shares of the financial services provider's stock valued at $595,000 after purchasing an additional 189 shares during the last quarter. Finally, Generali Asset Management SPA SGR raised its position in OneMain by 5.9% in the 4th quarter. Generali Asset Management SPA SGR now owns 3,413 shares of the financial services provider's stock worth $231,000 after purchasing an additional 190 shares during the period. Institutional investors own 85.82% of the company's stock.

OneMain Price Performance

Shares of OMF opened at $58.71 on Friday. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 0.46 and a beta of 1.22. OneMain Holdings, Inc. has a 1-year low of $45.78 and a 1-year high of $71.93. The company has a 50-day moving average of $57.32 and a 200 day moving average of $57.97.

OneMain (NYSE:OMF - Get Free Report) last issued its earnings results on Friday, May 1st. The financial services provider reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.09. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.27 billion. OneMain had a net margin of 14.38% and a return on equity of 24.24%. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 EPS. On average, equities analysts anticipate that OneMain Holdings, Inc. will post 7.14 earnings per share for the current fiscal year.

OneMain Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 11th were paid a $1.05 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $4.20 annualized dividend and a yield of 7.2%. OneMain's dividend payout ratio is 62.50%.

Key OneMain News

Here are the key news stories impacting OneMain this week:

• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate for OneMain to $1.30 from $1.72 and lowered its FY2026 forecast to $7.39 from $7.76, signaling softer profitability expectations. OneMain Q4 EPS Forecast Decreased by Northland Securities
• Negative Sentiment: Zacks published an earnings preview saying OneMain’s Q2 results are expected to decline and that the stock lacks the key setup for a likely earnings beat, which can weigh on sentiment before the report. Earnings Preview: OneMain Holdings (OMF) Q2 Earnings Expected to Decline
• Neutral Sentiment: Northland Securities also nudged its Q3 2026 EPS estimate higher to $2.02 from $1.96 and kept longer-dated estimates in view, but the overall tone remained mixed with near-term cuts offset by slightly better later-quarter projections.
• Neutral Sentiment: Northland’s Q1 2027 and Q2 2027 estimates were set at $1.84 and $1.90 per share, respectively, adding to the analyst’s updated forecast framework without providing a clear near-term catalyst.

Analyst Upgrades and Downgrades

OMF has been the subject of several analyst reports. Truist Financial decreased their price objective on shares of OneMain from $73.00 to $70.00 and set a "buy" rating for the company in a research note on Thursday, July 2nd. JPMorgan Chase & Co. reduced their price target on OneMain from $63.00 to $55.00 and set an "underweight" rating on the stock in a report on Thursday, April 9th. Weiss Ratings reissued a "buy (b-)" rating on shares of OneMain in a research note on Tuesday, July 7th. Evercore set a $66.00 price objective on OneMain in a report on Monday, July 6th. Finally, Royal Bank Of Canada cut their price objective on OneMain from $73.00 to $70.00 and set an "outperform" rating on the stock in a research report on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, OneMain currently has a consensus rating of "Moderate Buy" and an average target price of $67.80.

Insider Activity at OneMain

In other OneMain news, SVP Michael A. Hedlund sold 1,848 shares of OneMain stock in a transaction on Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $114,576.00. Following the completion of the sale, the senior vice president directly owned 13,127 shares of the company's stock, valued at $813,874. The trade was a 12.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the company's stock in a transaction on Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the chief operating officer owned 96,250 shares of the company's stock, valued at $5,967,500. This represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

OneMain Profile

OneMain Financial NYSE: OMF is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.

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.