Quantbot Technologies LP Takes Position in Synchrony Financial $SYF

Key Points

• Quantbot Technologies bought 90,983 shares of Synchrony Financial in the second quarter, valued at approximately $6.9 million. Institutional investors and hedge funds collectively own 96.48% of the company.
• Synchrony reported quarterly earnings of $2.59 per share, beating estimates of $2.14, while revenue matched expectations at $3.72 billion. The company also raised its quarterly dividend from $0.30 to $0.34 per share.
• Analyst sentiment remains favorable, with 12 Buy ratings and seven Holds, resulting in a consensus “Moderate Buy” rating and an average price target of $87.89.

Quantbot Technologies LP bought a new stake in shares of Synchrony Financial (NYSE:SYF - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 90,983 shares of the financial services provider's stock, valued at approximately $6,919,000.

Several other large investors have also recently made changes to their positions in the company. FWL Investment Management LLC purchased a new position in shares of Synchrony Financial during the 3rd quarter valued at approximately $26,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial in the 4th quarter worth $29,000. Advisors Asset Management Inc. acquired a new position in Synchrony Financial during the fourth quarter worth $29,000. Palisade Asset Management LLC purchased a new position in Synchrony Financial during the third quarter valued at $29,000. Finally, Reflection Asset Management acquired a new stake in shares of Synchrony Financial in the fourth quarter valued at about $31,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Stock Performance

Synchrony Financial stock opened at $79.53 on Friday. The firm has a 50 day simple moving average of $76.16 and a 200-day simple moving average of $72.92. The stock has a market cap of $25.88 billion, a price-to-earnings ratio of 8.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77.

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 analysts' consensus estimates of $2.14 by $0.45. The business had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period last year, the business earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, analysts expect that Synchrony Financial will post 9.37 EPS for the current year.

Synchrony Financial Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Robert W. Baird boosted their price objective on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. decreased their target price on Synchrony Financial from $81.00 to $78.00 and set a "neutral" rating on the stock in a research report on Monday, July 13th. TD Cowen lifted their price target on Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Loop Capital initiated coverage on Synchrony Financial in a research report on Friday, May 22nd. They set a "hold" rating and a $81.00 price target for the company. Finally, UBS Group increased their price objective on Synchrony Financial from $84.00 to $87.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Twelve analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $87.89.

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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