OneMain (NYSE:OMF) SVP Michael Hedlund Sells 2,500 Shares of Stock

Key Points

• OneMain SVP Michael Hedlund sold 2,500 shares at an average price of $64, generating $160,000. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his direct ownership by 19.04%.
• OneMain’s quarterly EPS of $1.31 exceeded analysts’ $1.26 estimate, but revenue of $1.09 billion fell short of the $1.28 billion forecast, while EPS declined from $1.45 a year earlier.
• The company declared a quarterly dividend of $1.05 per share, equivalent to $4.20 annually and a yield of roughly 6.7%. Analysts maintain a “Moderate Buy” consensus with an average price target of $68.40.

OneMain Holdings, Inc. (NYSE:OMF - Get Free Report) SVP Michael Hedlund sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total value of $160,000.00. Following the completion of the transaction, the senior vice president directly owned 10,627 shares of the company's stock, valued at $680,128. This trade represents a 19.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

OneMain Trading Down 1.3%

OMF traded down $0.81 during trading hours on Friday, hitting $62.59. The company's stock had a trading volume of 847,058 shares, compared to its average volume of 1,345,890. The company has a 50-day simple moving average of $58.16 and a 200 day simple moving average of $57.66. The firm has a market capitalization of $7.23 billion, a PE ratio of 9.43, a PEG ratio of 0.48 and a beta of 1.22. OneMain Holdings, Inc. has a fifty-two week low of $45.78 and a fifty-two week high of $71.93.

OneMain (NYSE:OMF - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.05. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.28 billion. OneMain had a return on equity of 23.48% and a net margin of 13.92%.The firm's quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.45 EPS. Research analysts expect that OneMain Holdings, Inc. will post 7.09 earnings per share for the current fiscal year.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 10th will be issued a $1.05 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 annualized dividend and a yield of 6.7%. OneMain's dividend payout ratio is presently 63.25%.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

Analyst Ratings Changes

OMF has been the topic of a number of recent analyst reports. Weiss Ratings restated a "buy (b-)" rating on shares of OneMain in a research report on Tuesday, July 7th. Wells Fargo & Company decreased their price objective on shares of OneMain from $70.00 to $65.00 and set an "equal weight" rating for the company in a report on Thursday, April 9th. Royal Bank Of Canada raised their price objective on shares of OneMain from $70.00 to $73.00 and gave the company an "outperform" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of OneMain in a report on Friday, July 10th. Finally, JPMorgan Chase & Co. decreased their price target on OneMain from $63.00 to $55.00 and set an "underweight" rating for the company in a research note on Thursday, April 9th. Eight equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, OneMain currently has an average rating of "Moderate Buy" and a consensus target price of $68.40.

Institutional Trading of OneMain

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC boosted its holdings in OneMain by 117.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider's stock worth $25,000 after buying an additional 202 shares in the last quarter. Core Wealth Advisors LLC bought a new position in shares of OneMain in the fourth quarter valued at $31,000. Atlantic Union Bankshares Corp acquired a new stake in shares of OneMain during the 4th quarter valued at $36,000. Transamerica Financial Advisors LLC boosted its stake in shares of OneMain by 88.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider's stock worth $45,000 after acquiring an additional 314 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of OneMain during the 3rd quarter worth $46,000. 85.82% of the stock is currently owned by institutional investors.

About OneMain

OneMain Financial NYSE: OMF is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.

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