Munich Reinsurance Co Stock Corp in Munich Has $19.64 Million Stock Holdings in Synchrony Financial $SYF

Key Points

• Munich Reinsurance Co. increased its Synchrony Financial stake by 243.6% in the second quarter, ending with 258,224 shares valued at approximately $19.64 million. Institutional investors collectively own 96.48% of SYF.
• Synchrony reported quarterly EPS of $2.59, beating estimates by $0.45, on $3.72 billion in revenue. The company raised its quarterly dividend from $0.30 to $0.34, representing a 1.7% yield.
• Analyst sentiment remains positive but mixed, with 12 Buy ratings and seven Holds; SYF carries a “Moderate Buy” consensus rating and an average price target of $87.78.

Munich Reinsurance Co Stock Corp in Munich increased its position in shares of Synchrony Financial (NYSE:SYF - Free Report) by 243.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,224 shares of the financial services provider's stock after acquiring an additional 183,076 shares during the period. Munich Reinsurance Co Stock Corp in Munich owned about 0.08% of Synchrony Financial worth $19,638,000 as of its most recent filing with the Securities and Exchange Commission.

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

Synchrony Financial Stock Performance

SYF opened at $79.93 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market cap of $26.01 billion, a PE ratio of 8.19, a price-to-earnings-growth ratio of 0.73 and a beta of 1.32. The stock has a 50-day moving average of $76.80 and a 200-day moving average of $73.31. Synchrony Financial has a 52-week low of $63.08 and a 52-week high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share 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 business had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same period last year, the business earned $2.50 EPS. 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 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were given a $0.34 dividend. This is a positive change from Synchrony Financial's previous quarterly dividend of $0.30. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, August 5th. Synchrony Financial's payout ratio is 13.93%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SYF. Wells Fargo & Company cut their price objective 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. Wolfe Research boosted their target price on shares of Synchrony Financial from $85.00 to $90.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 25th. Royal Bank Of Canada decreased their target price on shares of Synchrony Financial from $85.00 to $80.00 and set a "sector perform" rating for the company 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, JPMorgan Chase & Co. cut their price target on shares of Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating on the stock in a report on Monday, July 13th. Twelve research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average 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.

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