Empowered Funds LLC Invests $6.65 Million in Synchrony Financial $SYF

Key Points

• Empowered Funds LLC initiated a $6.65 million position in Synchrony Financial during the second quarter, buying 87,399 shares. Institutional investors collectively own 96.48% of the company.
• Synchrony reported quarterly earnings of $2.59 per share, beating estimates of $2.14, on revenue of $3.72 billion. Management’s fiscal 2026 EPS guidance is $9.25–$9.50.
• The company raised its quarterly dividend from $0.30 to $0.34 per share, equivalent to a $1.36 annualized payout and a 1.7% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $87.78.

Empowered Funds LLC purchased a new stake in shares of Synchrony Financial (NYSE:SYF - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 87,399 shares of the financial services provider's stock, valued at approximately $6,647,000.

A number of other hedge funds also recently bought and sold shares of the stock. Advisors Asset Management Inc. purchased a new position in shares of Synchrony Financial in the fourth quarter worth $29,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Synchrony Financial in the 4th quarter valued at $29,000. FWL Investment Management LLC purchased a new position in Synchrony Financial in the 3rd quarter worth $26,000. Compass Financial Management LLC purchased a new position in Synchrony Financial in the 2nd quarter worth $29,000. Finally, Reflection Asset Management acquired a new stake in Synchrony Financial during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 96.48% of the company's stock.

Synchrony Financial Stock Performance

NYSE SYF opened at $78.21 on Monday. The firm has a market capitalization of $25.45 billion, a P/E ratio of 8.01, a PEG ratio of 0.71 and a beta of 1.32. The stock has a 50-day simple moving average of $76.64 and a two-hundred day simple moving average of $73.11. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. Synchrony Financial has a fifty-two week low of $63.08 and a fifty-two week high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $0.45. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate 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 business earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities analysts forecast that Synchrony Financial will post 9.38 earnings per share for the current year.

Synchrony Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders 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 annualized dividend and a yield of 1.7%. This is a boost from Synchrony Financial's previous quarterly dividend of $0.30. Synchrony Financial's payout ratio is currently 13.93%.

Analysts Set New Price Targets

Several analysts have weighed in on SYF shares. Royal Bank Of Canada dropped their price target on Synchrony Financial from $85.00 to $80.00 and set a "sector perform" rating on the stock in a research note on Wednesday, July 22nd. Robert W. Baird lifted their target price on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Loop Capital started coverage on shares of Synchrony Financial in a report on Friday, May 22nd. They issued a "hold" rating and a $81.00 price target on the stock. Wells Fargo & Company reduced their price target on shares of Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. Finally, HSBC lifted their price objective on shares of Synchrony Financial from $93.00 to $97.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.

Want to see what other hedge funds are holding SYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synchrony Financial (NYSE:SYF - Free Report).

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