Jupiter Topco LLC Purchases New Stake in Synchrony Financial $SYF

Key Points

• Jupiter Topco LLC acquired 39,715 shares of Synchrony Financial in the second quarter, valued at approximately $3.02 million. Institutional investors and hedge funds collectively own 96.48% of the company.
• Synchrony reported quarterly earnings of $2.59 per share, exceeding analysts’ $2.14 estimate, on revenue of $3.72 billion. The company’s FY 2026 EPS guidance is $9.25–$9.50.
• Synchrony raised its quarterly dividend from $0.30 to $0.34 per share, representing an annualized dividend of $1.36 and a 1.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $87.78.

Jupiter Topco LLC purchased a new stake in shares of Synchrony Financial (NYSE:SYF - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 39,715 shares of the financial services provider's stock, valued at approximately $3,019,000.

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

Synchrony Financial Price Performance

Synchrony Financial stock opened at $78.35 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $25.49 billion, a P/E ratio of 8.03, a PEG ratio of 0.70 and a beta of 1.32. Synchrony Financial has a one year low of $63.08 and a one year high of $88.77. The business has a fifty day moving average price of $76.74 and a 200-day moving average price of $73.21.

Synchrony Financial (NYSE:SYF - Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The firm had revenue of $3.72 billion for the quarter, compared to analysts' expectations of $3.72 billion. During the same period in the prior year, the business posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, equities research analysts forecast that Synchrony Financial will post 9.37 EPS for the current year.

Synchrony Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th were paid a $0.34 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. This is an increase from Synchrony Financial's previous quarterly dividend of $0.30. Synchrony Financial's dividend payout ratio is currently 13.93%.

Analysts Set New Price Targets

SYF has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 22nd. Robert W. Baird lifted their price target on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Weiss Ratings reissued a "buy (b-)" rating on shares of Synchrony Financial in a research report on Friday, July 17th. TD Cowen upped their price objective on Synchrony Financial from $89.00 to $90.00 and gave the company a "buy" rating in a research note on Tuesday, July 7th. Finally, Loop Capital began coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a "hold" rating and a $81.00 target price for the company. Twelve research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Synchrony Financial presently has an average rating of "Moderate Buy" and an average price target of $87.78.

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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