Synchrony Financial $SYF Stock Holdings Trimmed by Assetmark Inc.

Key Points

• Assetmark Inc. trimmed its stake in Synchrony Financial by 1.1% in Q4 and now holds 4,301,490 shares (about 1.19% of the company) valued at roughly $358.9 million, making SYF its 28th largest position.
• Significant insider selling has occurred recently: Brian D. Doubles sold 217,554 shares (~$14.94M) and Curtis Howse sold 52,556 shares (~$3.8M), with insiders offloading a total of 379,928 shares (~$26.17M) in the past 90 days; insiders now own 0.32% of the stock.
• Synchrony reported a Q EPS beat ($2.18 vs. $2.02) with revenue slightly below expectations, provided FY2026 EPS guidance of 9.10–9.50, carries a consensus "Moderate Buy" rating with a $85 average target, and pays a $0.30 quarterly dividend (~1.6% yield).

Assetmark Inc. lowered its holdings in shares of Synchrony Financial (NYSE:SYF - Free Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,301,490 shares of the financial services provider's stock after selling 47,569 shares during the period. Synchrony Financial makes up 0.7% of Assetmark Inc.'s holdings, making the stock its 28th largest position. Assetmark Inc. owned approximately 1.19% of Synchrony Financial worth $358,873,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Colonial Trust Co SC raised its stake in Synchrony Financial by 40.2% during the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider's stock valued at $34,000 after acquiring an additional 136 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Synchrony Financial by 34.4% during the 4th quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 139 shares during the period. United Community Bank increased its position in shares of Synchrony Financial by 3.4% during the 3rd quarter. United Community Bank now owns 4,469 shares of the financial services provider's stock valued at $318,000 after purchasing an additional 145 shares during the period. Choreo LLC increased its position in shares of Synchrony Financial by 1.1% during the 4th quarter. Choreo LLC now owns 13,486 shares of the financial services provider's stock valued at $1,137,000 after purchasing an additional 145 shares during the period. Finally, Salomon & Ludwin LLC increased its position in shares of Synchrony Financial by 54.9% during the 3rd 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 during the period. Institutional investors own 96.48% of the company's stock.

Insider Buying and Selling at Synchrony Financial

In other news, insider Brian D. Doubles sold 217,554 shares of Synchrony Financial stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $68.68, for a total transaction of $14,941,608.72. Following the transaction, the insider owned 829,222 shares in the company, valued at approximately $56,950,966.96. The trade was a 20.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Curtis Howse sold 52,556 shares of Synchrony Financial 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 transaction, the insider owned 94,196 shares in the company, valued at $6,812,254.72. This represents a 35.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 379,928 shares of company stock valued at $26,170,764 in the last ninety days. Company insiders own 0.32% of the company's stock.

Synchrony Financial Stock Performance

Shares of NYSE SYF opened at $73.80 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $25.65 billion, a price-to-earnings ratio of 7.94, a PEG ratio of 0.64 and a beta of 1.39. The stock's fifty day simple moving average is $69.47 and its 200 day simple moving average is $74.46. Synchrony Financial has a 52-week low of $46.08 and a 52-week high of $88.77.

Synchrony Financial (NYSE:SYF - Get Free Report) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 23.07% and a net margin of 15.72%.The company's quarterly revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.91 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, sell-side analysts forecast that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, February 6th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. Synchrony Financial's payout ratio is currently 12.92%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on SYF shares. TD Cowen lifted their price target on Synchrony Financial from $91.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, January 8th. BTIG Research reiterated a "buy" rating and set a $96.00 price target on shares of Synchrony Financial in a research report on Wednesday, March 11th. Wells Fargo & Company lowered their price target on Synchrony Financial from $100.00 to $95.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. Truist Financial lowered their price target on Synchrony Financial from $84.00 to $71.00 and set a "hold" rating on the stock in a research report on Monday, March 23rd. Finally, Barclays lowered their price target on Synchrony Financial from $93.00 to $82.00 and set an "overweight" rating on the stock in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Synchrony Financial presently has a consensus rating of "Moderate Buy" and an average target price of $85.00.

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.

Want to see what other hedge funds are holding SYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synchrony Financial (NYSE:SYF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.