Horizon Investments LLC Has $1.57 Million Holdings in Synchrony Financial $SYF

Key Points

• Horizon Investments LLC trimmed its stake by 54.5% in Q4, selling 22,506 shares and leaving a holding of 18,806 shares valued at about $1.57 million.
• Synchrony beat Q EPS at $2.27 versus $2.14 consensus while revenue fell 7.4% YoY; the company set FY2026 guidance of $9.10–$9.50 EPS and declared a $0.30 quarterly dividend (~1.6% yield).
• Insiders sold a large bloc of stock last quarter (323,372 shares worth about $22.1 million, including 217,554 shares by Brian D. Doubles) even as institutional investors own roughly 96.48% of the company.

Horizon Investments LLC trimmed its holdings in Synchrony Financial (NYSE:SYF - Free Report) by 54.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,806 shares of the financial services provider's stock after selling 22,506 shares during the quarter. Horizon Investments LLC's holdings in Synchrony Financial were worth $1,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC increased its holdings in shares of Synchrony Financial by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider's stock worth $439,000 after purchasing an additional 679 shares during the period. Woodline Partners LP raised its position in shares of Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider's stock valued at $1,884,000 after buying an additional 9,460 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Synchrony Financial by 7.7% in the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider's stock valued at $339,000 after buying an additional 459 shares during the period. Geneos Wealth Management Inc. grew its position in Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider's stock worth $31,000 after buying an additional 455 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its position in Synchrony Financial by 56.1% during the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider's stock worth $405,000 after buying an additional 2,178 shares in the last quarter. Institutional investors and hedge funds own 96.48% of the company's stock.

Synchrony Financial Trading Up 1.7%

SYF stock opened at $75.05 on Thursday. Synchrony Financial has a 1-year low of $53.22 and a 1-year high of $88.77. The firm has a market cap of $25.25 billion, a P/E ratio of 7.76, a P/E/G ratio of 0.64 and a beta of 1.37. The business's 50 day moving average is $70.56 and its 200-day moving average is $75.01. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 EPS for the quarter, topping the consensus estimate of $2.14 by $0.13. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the company earned $1.89 EPS. Synchrony Financial's revenue was down 7.4% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Equities analysts anticipate that Synchrony Financial will post 9.29 earnings per share for the current fiscal year.

Synchrony Financial announced that its board has authorized a share buyback plan on Tuesday, April 21st that allows the company to buyback $0.00 in shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, May 5th. Synchrony Financial's payout ratio is currently 12.41%.

Insiders Place Their Bets

In other news, insider Brian D. Doubles sold 217,554 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $68.68, for a total transaction of $14,941,608.72. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the transaction, the insider owned 50,331 shares of the company's stock, valued at $3,407,912.01. This trade represents a 22.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 323,372 shares of company stock worth $22,080,634 in the last quarter. 0.32% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on SYF. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Synchrony Financial in a report on Monday, April 20th. Royal Bank Of Canada decreased their price objective on Synchrony Financial from $91.00 to $85.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their price objective on Synchrony Financial from $84.00 to $73.00 and set a "neutral" rating on the stock in a research report on Thursday, April 9th. Wall Street Zen lowered Synchrony Financial from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, Compass Point raised Synchrony Financial from a "neutral" rating to a "buy" rating and set a $96.00 target price for the company in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $86.32.

About Synchrony Financial

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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