Raiffeisen Bank International AG Has $1.82 Million Position in Synchrony Financial $SYF

Key Points

• Raiffeisen Bank International AG increased its Synchrony Financial stake by 7,984% in the second quarter, ending with 23,282 shares valued at approximately $1.82 million. Institutional investors and hedge funds collectively own 96.48% of SYF.
• Synchrony Financial reported quarterly EPS of $2.59, surpassing the $2.14 analyst consensus, on revenue of $3.72 billion. The company’s full-year 2026 EPS guidance is $9.25–$9.50.
• The company raised its quarterly dividend from $0.30 to $0.34 per share, equivalent to an annualized dividend of $1.36 and a 1.7% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $87.78.

Raiffeisen Bank International AG raised its position in shares of Synchrony Financial (NYSE:SYF - Free Report) by 7,984.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,282 shares of the financial services provider's stock after acquiring an additional 22,994 shares during the period. Raiffeisen Bank International AG's holdings in Synchrony Financial were worth $1,825,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SYF. Basswood Capital Management L.L.C. bought a new stake in Synchrony Financial in the 2nd quarter valued at $45,734,000. Assenagon Asset Management S.A. increased its holdings in shares of Synchrony Financial by 959.4% during the first quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider's stock worth $37,131,000 after buying an additional 494,354 shares in the last quarter. Jefferies Financial Group Inc. increased its holdings in Synchrony Financial by 701.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider's stock valued at $10,095,000 after purchasing an additional 105,907 shares in the last quarter. Forsta AP Fonden raised its holdings in shares of Synchrony Financial by 7.7% in the fourth quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider's stock valued at $19,097,000 after buying an additional 16,400 shares during the last quarter. Finally, Swedbank AB raised its stake in shares of Synchrony Financial by 12.8% in the fourth quarter. Swedbank AB now owns 168,579 shares of the financial services provider's stock worth $14,065,000 after acquiring an additional 19,193 shares during the last quarter. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $79.93 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock's 50 day moving average is $76.80 and its 200-day moving average is $73.31. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77. The company has a market capitalization of $26.01 billion, a price-to-earnings ratio of 8.19, a PEG ratio of 0.73 and a beta of 1.32.

Synchrony Financial (NYSE:SYF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.45. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. The company had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.72 billion. During the same quarter in the previous year, the business posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Equities research analysts expect that Synchrony Financial will post 9.37 EPS for the current 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 issued a dividend of $0.34 per share. This is a boost from Synchrony Financial's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. Synchrony Financial's payout ratio is currently 13.93%.

Wall Street Analyst Weigh In

A number of brokerages have commented on SYF. Loop Capital initiated coverage on Synchrony Financial in a research report on Friday, May 22nd. They issued a "hold" rating and a $81.00 price objective on the stock. Weiss Ratings reiterated a "buy (b-)" rating on shares of Synchrony Financial in a report on Friday, July 17th. Robert W. Baird upped their target price on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. TD Cowen raised their price target on Synchrony Financial from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. Finally, Wolfe Research boosted their price objective on shares of Synchrony Financial from $85.00 to $90.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. Twelve analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $87.78.

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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