Dimensional Fund Advisors LP grew its holdings in OneMain Holdings, Inc. (NYSE:OMF – Free Report) by 7.6% in the 1st quarter, HoldingsChannel reports. The firm owned 4,342,241 shares of the financial services provider’s stock after buying an additional 308,370 shares during the quarter. Dimensional Fund Advisors LP’s holdings in OneMain were worth $232,258,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of OMF. CIBC Private Wealth Group LLC increased 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 valued at $25,000 after buying an additional 202 shares during the period. Core Wealth Advisors LLC bought a new position in OneMain in the fourth quarter worth approximately $31,000. Atlantic Union Bankshares Corp purchased a new stake in OneMain during the fourth quarter worth $36,000. Transamerica Financial Advisors LLC lifted its holdings in OneMain by 88.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock worth $45,000 after buying an additional 314 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in OneMain during the 3rd quarter valued at $46,000. Hedge funds and other institutional investors own 85.82% of the company’s stock.
Wall Street Analysts Forecast Growth
OMF has been the topic of a number of analyst reports. Royal Bank Of Canada cut their price target on OneMain from $73.00 to $70.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Barclays decreased their price objective on OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. JPMorgan Chase & Co. dropped their price objective on OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research report on Thursday, April 9th. TD Cowen lifted their target price on OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Wells Fargo & Company reduced their target price 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. 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, the stock has an average rating of “Moderate Buy” and an average price target of $67.80.
OneMain Trading Down 1.9%
Shares of OMF stock opened at $58.71 on Friday. OneMain Holdings, Inc. has a 12-month low of $45.78 and a 12-month high of $71.93. The business’s fifty day simple moving average is $57.32 and its 200-day simple moving average is $57.97. The company has a market cap of $6.78 billion, a PE ratio of 8.74, a PEG ratio of 0.46 and a beta of 1.22.
OneMain (NYSE:OMF – Get Free Report) last announced its earnings results on Friday, May 1st. The financial services provider reported $1.95 earnings per share for the quarter, topping 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 the consensus estimate of $1.27 billion. During the same period in the previous year, the business earned $1.72 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, equities analysts forecast that OneMain Holdings, Inc. will post 7.14 earnings per share for the current year.
OneMain Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 11th were paid a dividend of $1.05 per share. The ex-dividend date was Monday, May 11th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 7.2%. OneMain’s payout ratio is presently 62.50%.
Trending Headlines about OneMain
Here are the key news stories impacting OneMain this week:
- Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate for OneMain to $1.30 from $1.72 and lowered its FY2026 forecast to $7.39 from $7.76, signaling softer profitability expectations. OneMain Q4 EPS Forecast Decreased by Northland Securities
- Negative Sentiment: Zacks published an earnings preview saying OneMain’s Q2 results are expected to decline and that the stock lacks the key setup for a likely earnings beat, which can weigh on sentiment before the report. Earnings Preview: OneMain Holdings (OMF) Q2 Earnings Expected to Decline
- Neutral Sentiment: Northland Securities also nudged its Q3 2026 EPS estimate higher to $2.02 from $1.96 and kept longer-dated estimates in view, but the overall tone remained mixed with near-term cuts offset by slightly better later-quarter projections.
- Neutral Sentiment: Northland’s Q1 2027 and Q2 2027 estimates were set at $1.84 and $1.90 per share, respectively, adding to the analyst’s updated forecast framework without providing a clear near-term catalyst.
Insider Activity at OneMain
In other OneMain news, COO Micah R. Conrad sold 5,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the transaction, the chief operating officer owned 96,250 shares of the company’s stock, valued at approximately $5,967,500. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of OneMain stock in a transaction on Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $114,576.00. Following the sale, the senior vice president owned 13,127 shares of the company’s stock, valued at $813,874. The trade was a 12.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.
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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