Sequoia Financial Advisors LLC Sells 8,409 Shares of OneMain Holdings, Inc. $OMF

Sequoia Financial Advisors LLC decreased its position in OneMain Holdings, Inc. (NYSE:OMFFree Report) by 55.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,789 shares of the financial services provider’s stock after selling 8,409 shares during the period. Sequoia Financial Advisors LLC’s holdings in OneMain were worth $363,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Seelaus Asset Management LLC grew its holdings in shares of OneMain by 6.9% in the first quarter. Seelaus Asset Management LLC now owns 15,551 shares of the financial services provider’s stock valued at $832,000 after acquiring an additional 1,000 shares in the last quarter. R Squared Ltd bought a new stake in OneMain during the first quarter worth $237,000. Stephens Inc. AR boosted its position in OneMain by 47.4% in the first quarter. Stephens Inc. AR now owns 6,546 shares of the financial services provider’s stock worth $350,000 after purchasing an additional 2,106 shares during the last quarter. HB Wealth Management LLC purchased a new position in OneMain in the first quarter worth $253,000. Finally, New York State Teachers Retirement System grew its stake in OneMain by 1.7% in the 1st quarter. New York State Teachers Retirement System now owns 11,131 shares of the financial services provider’s stock valued at $595,000 after purchasing an additional 189 shares during the period. Institutional investors own 85.82% of the company’s stock.

Insider Transactions at OneMain

In other OneMain news, COO Micah R. Conrad sold 5,000 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the sale, the chief operating officer directly owned 96,250 shares of the company’s stock, valued at $5,967,500. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $114,576.00. Following the transaction, the senior vice president owned 13,127 shares of the company’s stock, valued at $813,874. This represents a 12.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Key Headlines Impacting OneMain

Here are the key news stories impacting OneMain this week:

  • Positive Sentiment: Northland Securities’ longer-term outlook was relatively constructive, with estimates for FY2027 earnings of $8.30 per share and Q3 2027 EPS of $2.21, suggesting expectations for improved profitability over time.
  • Positive Sentiment: The company previously beat last quarter’s estimates, posting $1.95 EPS versus $1.86 expected and revenue of $1.58 billion versus $1.27 billion expected, which supports confidence in OneMain’s ability to outperform when results are released.
  • Neutral Sentiment: Analysts on average still expect OneMain to earn $7.19 per share for the current fiscal year, indicating the market is watching whether management can stay near that target despite softer near-term projections.
  • Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate to $1.30 from $1.72 and trimmed FY2026 EPS to $7.39 from $7.76, reinforcing concerns that the next report could show some earnings softness.
  • Negative Sentiment: The Zacks preview specifically said OneMain lacks the combination of factors typically associated with an earnings beat, which may be contributing to the stock’s recent weakness.

OneMain Trading Down 0.2%

Shares of NYSE OMF opened at $59.86 on Thursday. The stock has a fifty day simple moving average of $57.22 and a two-hundred day simple moving average of $58.04. OneMain Holdings, Inc. has a 1-year low of $45.78 and a 1-year high of $71.93. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.22.

OneMain (NYSE:OMFGet Free Report) last issued its earnings results on Friday, May 1st. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.09. OneMain had a return on equity of 24.24% and a net margin of 14.38%.The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the company posted $1.72 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. Analysts forecast that OneMain Holdings, Inc. will post 7.14 EPS for the current year.

OneMain Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 11th were paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Monday, May 11th. OneMain’s payout ratio is currently 62.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on OMF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of OneMain in a research report on Friday, July 10th. BTIG Research reissued a “neutral” rating on shares of OneMain in a report on Thursday, April 16th. Truist Financial reduced their price target on shares of OneMain from $73.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. TD Cowen raised their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Evercore set a $66.00 price objective on shares of OneMain in a research report on Monday, July 6th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, OneMain currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.80.

Check Out Our Latest Report on OneMain

About OneMain

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for OneMain (NYSE:OMF)

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