Munich Reinsurance Co Stock Corp in Munich Makes New $2.25 Million Investment in Synchrony Financial $SYF

Key Points

• Munich Re acquired a new stake in Synchrony Financial, buying 31,685 shares in Q3 valued at approximately $2.25 million.
• Synchrony beat quarterly EPS estimates ($2.18 vs. $2.02) and set FY2026 guidance of 9.10–9.50 EPS, above current analyst expectations of 7.67, despite a slight revenue miss for the quarter.
• Company insiders have been net sellers recently, disposing of 379,928 shares valued at about $26.17 million over the past 90 days, while corporate insiders now own just 0.32% of the stock.

Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Synchrony Financial (NYSE:SYF - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 31,685 shares of the financial services provider's stock, valued at approximately $2,251,000.

Several other hedge funds also recently modified their holdings of the stock. Westside Investment Management Inc. boosted its stake in Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider's stock worth $25,000 after acquiring an additional 179 shares in the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Synchrony Financial in the second quarter valued at $26,000. Salomon & Ludwin LLC increased its stake in Synchrony Financial by 54.9% in the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 146 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 455 shares during the period. Finally, True Wealth Design LLC raised its holdings in shares of Synchrony Financial by 5,787.5% during the second quarter. True Wealth Design LLC now owns 471 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 463 shares during the period. Institutional investors own 96.48% of the company's stock.

Synchrony Financial Trading Down 3.4%

NYSE:SYF opened at $66.64 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.24 and a quick ratio of 1.24. Synchrony Financial has a one year low of $40.54 and a one year high of $88.77. The company has a market cap of $23.16 billion, a PE ratio of 7.17, a PEG ratio of 0.59 and a beta of 1.42. The firm has a 50-day moving average of $76.06 and a 200-day moving average of $75.88.

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

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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%.

Insider Activity at Synchrony Financial

In related news, insider Alberto Casellas sold 14,399 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at approximately $3,407,912.01. This represents a 22.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Curtis Howse sold 52,556 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $72.32, for a total value of $3,800,849.92. Following the completion of the sale, the insider directly owned 94,196 shares of the company's stock, valued at $6,812,254.72. The trade was a 35.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 379,928 shares of company stock valued at $26,170,764 over the last 90 days. Corporate insiders own 0.32% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wall Street Zen downgraded Synchrony Financial from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Keefe, Bruyette & Woods upped their price target on Synchrony Financial from $95.00 to $98.00 and gave the stock an "outperform" rating in a research note on Friday, January 2nd. Robert W. Baird upgraded Synchrony Financial from a "neutral" rating to an "outperform" rating and set a $83.00 price target on the stock in a report on Friday, February 13th. Truist Financial reduced their price objective on Synchrony Financial from $92.00 to $84.00 and set a "hold" rating for the company in a research note on Thursday, January 29th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Synchrony Financial in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $87.11.

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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