Synchrony Financial $SYF Stock Position Decreased by Hosking Partners LLP

Hosking Partners LLP reduced its holdings in shares of Synchrony Financial (NYSE:SYF - Free Report) by 6.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 658,018 shares of the financial services provider's stock after selling 44,307 shares during the period. Synchrony Financial comprises 1.6% of Hosking Partners LLP's investment portfolio, making the stock its 20th largest holding. Hosking Partners LLP owned approximately 0.20% of Synchrony Financial worth $46,700,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Synchrony Financial in the 2nd quarter valued at approximately $2,349,452,000. Bank of America Corp DE purchased a new stake in shares of Synchrony Financial during the second quarter worth $1,122,961,000. Legal & General Group Plc purchased a new stake in shares of Synchrony Financial during the second quarter worth $209,305,000. Bank of New York Mellon Corp acquired a new stake in shares of Synchrony Financial in the second quarter valued at $193,684,000. Finally, Deutsche Bank AG acquired a new stake in shares of Synchrony Financial in the second quarter valued at $186,973,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Stock Up 1.0%

SYF stock opened at $74.12 on Thursday. Synchrony Financial has a one year low of $63.08 and a one year high of $88.77. The company has a fifty day moving average of $75.67 and a 200-day moving average of $74.67. The stock has a market capitalization of $24.12 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 0.84 and a beta of 1.35. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.22 and a current ratio of 1.23.

Synchrony Financial (NYSE:SYF - Get Free Report) last released its earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.26. Synchrony Financial had a return on equity of 22.26% and a net margin of 14.59%. The company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.81 billion. During the same quarter in the previous year, the firm posted $2.86 EPS. As a group, analysts expect that Synchrony Financial will post 9.50 EPS for the current year.

Synchrony Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 5th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.8%. Synchrony Financial's payout ratio is 13.93%.

Key Headlines Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Synchrony reported third-quarter EPS of $2.68, well above the $2.42 consensus estimate, while revenue of $3.82 billion was slightly ahead of expectations. Purchase volume rose 8% year over year to approximately $49.7 billion. Synchrony Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised full-year 2026 EPS guidance to approximately $9.50, slightly above the $9.44 analyst consensus. The updated outlook reinforces confidence in earnings resilience following the third-quarter beat.
• Positive Sentiment: Credit trends were better than feared: net charge-offs declined to about 4.79%, while 30-day and 90-day delinquencies also improved. Stronger credit performance supports profitability and reduces concerns about a broad consumer-default wave. Synchrony Q3 Earnings Beat Estimates
• Positive Sentiment: Barclays raised its price target to $94 and maintained an overweight rating, while JPMorgan lifted its target to $77. Synchrony also declared a quarterly dividend of $0.34 per share, supporting its shareholder-return appeal.
• Positive Sentiment: The launch of CareCredit Pay Later expands financing choices for health and wellness customers and could strengthen Synchrony’s CareCredit platform and provider relationships. CareCredit Introduces CareCredit Pay Later
• Neutral Sentiment: Evercore downgraded Synchrony from “outperform” to “in-line,” assigning a $78 price target. The action reflects more cautious near-term expectations despite remaining implied upside.
• Negative Sentiment: Third-quarter profit declined from $2.86 to $2.68 per share year over year as expenses increased. Net interest margin also contracted, partly because healthier payment behavior reduced late-fee revenue, leaving investors to weigh improving credit quality against pressure on current earnings.

Wall Street Analysts Forecast Growth

SYF has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on Synchrony Financial from $74.00 to $77.00 and gave the stock a "neutral" rating in a report on Wednesday. Morgan Stanley lowered their target price on shares of Synchrony Financial from $84.00 to $83.00 and set an "equal weight" rating for the company in a research note on Monday, October 12th. BMO Capital Markets initiated coverage on Synchrony Financial in a report on Friday, October 9th. They issued a "market perform" rating and a $81.00 target price on the stock. HSBC raised their price objective on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a "buy" rating in a report on Monday, July 13th. Finally, Evercore cut Synchrony Financial from an "outperform" rating to an "in-line" rating and set a $78.00 target price on the stock. in a research report on Wednesday. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $87.83.

About Synchrony Financial

Synchrony Financial NYSE: SYF is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.

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