Rep. Josh Gottheimer Sells Synchrony Financial (NYSE:SYF) Stock

Key Points

• Rep. Josh Gottheimer disclosed selling Synchrony Financial stock worth between $15,001 and $50,000 on April 9, according to a filing reported on May 19.
• Synchrony Financial said its latest quarterly results beat EPS estimates, posting $2.27 per share versus $2.14 expected, though revenue came in below forecasts and fell 7.4% year over year.
• The company also announced a quarterly dividend of $0.30 per share and a stock repurchase authorization, while analysts currently hold a Moderate Buy consensus with an average price target of $86.32.

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Synchrony Financial NYSE: SYF. In a filing disclosed on May 19th, the Representative disclosed that they had sold between $15,001 and $50,000 in Synchrony Financial stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - ACTIVE ASSET ACCOUNT # 3" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/28/2026.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/27/2026.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 4/24/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 4/24/2026.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/23/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/16/2026.
• Purchased $1,001 - $15,000 in shares of Freeport-McMoRan NYSE: FCX on 4/15/2026.
• Sold $1,001 - $15,000 in shares of HDFC Bank NYSE: HDB on 4/13/2026.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 4/13/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 4/9/2026.

Synchrony Financial Price Performance

SYF stock opened at $72.06 on Thursday. Synchrony Financial has a one year low of $55.67 and a one year high of $88.77. The firm has a 50 day simple moving average of $70.91 and a two-hundred day simple moving average of $74.86. The stock has a market cap of $24.24 billion, a PE ratio of 7.45, a P/E/G ratio of 0.60 and a beta of 1.37. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24.

Synchrony Financial (NYSE:SYF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.13. The company had revenue of $3.70 billion during the quarter, compared to analysts' expectations of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The firm's revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts predict that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial announced that its board has authorized a stock repurchase plan on Tuesday, April 21st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Synchrony Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 5th. Synchrony Financial's payout ratio is 12.41%.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the sale, the insider directly owned 50,331 shares of the company's stock, valued at approximately $3,407,912.01. This trade represents a 22.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total value of $3,164,041.92. Following the completion of the sale, the insider owned 64,221 shares of the company's stock, valued at $4,313,082.36. This trade represents a 42.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 374,630 shares of company stock valued at $25,731,741 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SYF has been the subject of several recent analyst reports. Royal Bank Of Canada decreased their target price on shares of Synchrony Financial from $91.00 to $85.00 and set a "sector perform" rating for the company in a report on Wednesday, January 28th. Robert W. Baird raised their price objective on shares of Synchrony Financial from $83.00 to $86.00 and gave the stock an "outperform" rating in a report on Wednesday, April 22nd. Wells Fargo & Company reduced their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an "overweight" rating for the company in a research note on Thursday, April 9th. BTIG Research lowered shares of Synchrony Financial from a "buy" rating to a "neutral" rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a "neutral" rating for the company in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $86.32.

Hedge Funds Weigh In On Synchrony Financial

Large investors have recently made changes to their positions in the company. World Investment Advisors raised its position in shares of Synchrony Financial by 0.6% in the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider's stock worth $1,556,000 after acquiring an additional 134 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of Synchrony Financial by 7.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider's stock valued at $166,000 after acquiring an additional 135 shares during the period. Colonial Trust Co SC grew its position in shares of 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 during the period. CoreCap Advisors LLC increased its stake in shares of Synchrony Financial by 34.4% in 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 in the last quarter. Finally, United Community Bank raised its holdings in Synchrony Financial by 3.4% in the 3rd quarter. United Community Bank now owns 4,469 shares of the financial services provider's stock worth $318,000 after purchasing an additional 145 shares during the period. 96.48% of the stock is currently owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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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