Fisher Asset Management LLC Takes Position in Synchrony Financial $SYF

Key Points

• Fisher Asset Management opened a new position in Synchrony Financial, buying 23,700 shares in Q3 valued at about $1.68 million.
• Company insiders have been net sellers, offloading a total of 379,928 shares (~$26.17M) in the past 90 days (insiders now own 0.32%), while institutional ownership remains high at 96.48%.
• Synchrony beat quarterly EPS expectations ($2.18 vs. $2.02) and provided FY2026 guidance of 9.10–9.50 EPS; analysts rate the stock a "Moderate Buy" with an average price target of $87.11.

Fisher Asset Management LLC bought a new position in shares of Synchrony Financial (NYSE:SYF - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 23,700 shares of the financial services provider's stock, valued at approximately $1,684,000.

A number of other institutional investors have also recently added to or reduced their stakes in SYF. Aprio Wealth Management LLC increased its position in Synchrony Financial by 6.8% in the 3rd quarter. Aprio Wealth Management LLC now owns 4,507 shares of the financial services provider's stock valued at $320,000 after acquiring an additional 285 shares during the period. American Century Companies Inc. raised its stake in shares of Synchrony Financial by 7.9% during the third quarter. American Century Companies Inc. now owns 1,283,502 shares of the financial services provider's stock valued at $91,193,000 after acquiring an additional 93,567 shares during the last quarter. Brand Asset Management Group Inc. acquired a new position in shares of Synchrony Financial during the third quarter worth $238,000. Quantbot Technologies LP lifted its holdings in shares of Synchrony Financial by 283.5% during the third quarter. Quantbot Technologies LP now owns 136,810 shares of the financial services provider's stock worth $9,720,000 after purchasing an additional 101,137 shares during the period. Finally, Handelsbanken Fonder AB grew its stake in shares of Synchrony Financial by 0.8% in the third quarter. Handelsbanken Fonder AB now owns 104,157 shares of the financial services provider's stock worth $7,400,000 after purchasing an additional 807 shares during the last quarter. 96.48% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Brian D. Doubles sold 217,554 shares of the firm's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $68.68, for a total value of $14,941,608.72. Following the transaction, the insider owned 829,222 shares of the company's stock, valued at approximately $56,950,966.96. This trade represents a 20.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total value of $3,164,041.92. Following the transaction, the insider owned 64,221 shares of the company's stock, valued at $4,313,082.36. This trade represents a 42.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 379,928 shares of company stock worth $26,170,764 over the last ninety days. Insiders own 0.32% of the company's stock.

Wall Street Analyst Weigh In

SYF has been the subject of several analyst reports. TD Cowen raised their target price on Synchrony Financial from $91.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, January 8th. BTIG Research reduced their price target on Synchrony Financial from $100.00 to $96.00 and set a "buy" rating on the stock in a research report on Tuesday, January 27th. Royal Bank Of Canada decreased their price target on Synchrony Financial from $91.00 to $85.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 28th. Weiss Ratings restated a "buy (b-)" rating on shares of Synchrony Financial in a research report on Wednesday, January 21st. Finally, Robert W. Baird upgraded Synchrony Financial from a "neutral" rating to an "outperform" rating and set a $83.00 target price on the stock in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $87.11.

Synchrony Financial Price Performance

Shares of SYF opened at $66.64 on Friday. The business's fifty day moving average is $76.06 and its 200 day moving average is $75.85. Synchrony Financial has a 12-month low of $40.54 and a 12-month high of $88.77. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The stock has a market cap of $23.16 billion, a P/E ratio of 7.17, a P/E/G ratio of 0.61 and a beta of 1.42.

Synchrony Financial (NYSE:SYF - Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.84 billion. During the same quarter in the previous year, the business posted $1.91 EPS. Synchrony Financial's quarterly revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts anticipate that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Synchrony Financial's payout ratio is presently 12.92%.

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.

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