GSA Capital Partners LLP Acquires New Stake in Synchrony Financial $SYF

Key Points

• GSA Capital Partners LLP acquired 62,159 shares of Synchrony Financial in the second quarter, valued at approximately $4.7 million. Institutional investors collectively own 96.48% of the company.
• Analysts maintain a generally positive outlook, with 12 Buy ratings and seven Holds, producing a “Moderate Buy” consensus and an average price target of $87.89.
• Synchrony reported quarterly EPS of $2.59, exceeding estimates of $2.14, and increased its quarterly dividend from $0.30 to $0.34 per share, equivalent to a 1.7% annual yield.

GSA Capital Partners LLP bought a new position in Synchrony Financial (NYSE:SYF - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 62,159 shares of the financial services provider's stock, valued at approximately $4,727,000. Synchrony Financial accounts for 0.3% of GSA Capital Partners LLP's investment portfolio, making the stock its 16th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. FWL Investment Management LLC bought a new stake in shares of Synchrony Financial in the third quarter valued at about $26,000. Palisade Asset Management LLC bought a new position in shares of Synchrony Financial during the third quarter worth about $29,000. Fideuram Asset Management Ireland dac bought a new position in shares of Synchrony Financial during the fourth quarter worth about $29,000. Advisors Asset Management Inc. acquired a new stake in Synchrony Financial in the 4th quarter valued at approximately $29,000. Finally, Geneos Wealth Management Inc. lifted its stake in Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 455 shares in the last quarter. Institutional investors own 96.48% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of Synchrony Financial from $71.00 to $82.00 and gave the company a "hold" rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. lowered their price target on shares of Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating on the stock in a research note on Monday, July 13th. Royal Bank Of Canada cut their price target on shares of 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. Weiss Ratings restated a "buy (b-)" rating on shares of Synchrony Financial in a research note on Friday, July 17th. Finally, Robert W. Baird increased their price objective on shares of Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Twelve investment 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, the company presently has an average rating of "Moderate Buy" and an average price target of $87.89.

Synchrony Financial Price Performance

NYSE:SYF opened at $81.04 on Friday. 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 stock's 50 day moving average price is $75.37 and its two-hundred day moving average price is $72.73. The firm has a market capitalization of $26.37 billion, a price-to-earnings ratio of 8.30, a P/E/G ratio of 0.76 and a beta of 1.32. Synchrony Financial has a 12-month low of $63.08 and a 12-month high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The company had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.72 billion. During the same period last 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, analysts anticipate that Synchrony Financial will post 9.37 earnings per share for the current year.

Synchrony Financial declared that its board has approved a share buyback program on Tuesday, April 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Wednesday, August 5th will be paid a $0.34 dividend. This is a boost from Synchrony Financial's previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. Synchrony Financial's dividend payout ratio (DPR) is currently 13.93%.

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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