Wells Fargo & Company Cuts Synchrony Financial (NYSE:SYF) Price Target to $88.00

Posted by Francis Steltz on Jul 25th, 2026

Synchrony Financial (NYSE:SYF – Free Report) had its price target lowered by Wells Fargo & Company from $95.00 to $88.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an overweight rating on the financial services provider’s stock.

A number of other brokerages also recently commented on SYF. HSBC boosted their price objective on Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Robert W. Baird increased their price objective on shares of Synchrony Financial from $86.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday. UBS Group raised their price objective on shares of Synchrony Financial from $77.00 to $84.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. TD Cowen boosted their target price on shares of Synchrony Financial from $89.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. cut their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $86.89.

Read Our Latest Research Report on Synchrony Financial

Synchrony Financial Stock Up 1.5%

Synchrony Financial stock opened at $72.88 on Wednesday. The firm has a market capitalization of $24.51 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.67 and a beta of 1.32. The company has a current ratio of 1.22, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. Synchrony Financial has a twelve month low of $63.08 and a twelve month high of $88.77. The stock’s fifty day simple moving average is $73.30 and its 200-day simple moving average is $73.06.

Synchrony Financial (NYSE:SYF – Get Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The firm had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.72 billion. During the same period last year, the business posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, equities analysts expect that Synchrony Financial will post 9.35 earnings per share for the current fiscal year.

Synchrony Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, August 5th. This is a positive change from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio (DPR) is currently 12.30%.

Synchrony Financial declared that its board has approved a share buyback plan on Tuesday, April 21st that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the sale, the insider directly owned 132,664 shares of the company’s stock, valued at $9,449,656.72. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by corporate insiders.

Institutional Trading of Synchrony Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wedge Capital Management L L P NC boosted its position in shares of Synchrony Financial by 4.4% in the 2nd quarter. Wedge Capital Management L L P NC now owns 495,316 shares of the financial services provider’s stock valued at $37,669,000 after purchasing an additional 20,959 shares during the period. Tema ETFs LLC increased its position in Synchrony Financial by 9.0% during the second quarter. Tema ETFs LLC now owns 6,995 shares of the financial services provider’s stock worth $532,000 after buying an additional 580 shares during the period. Generali Investments Management Co LLC increased its position in Synchrony Financial by 206.0% during the second quarter. Generali Investments Management Co LLC now owns 3,987 shares of the financial services provider’s stock worth $303,000 after buying an additional 2,684 shares during the period. Handelsbanken Fonder AB lifted its stake in Synchrony Financial by 24.4% in the second quarter. Handelsbanken Fonder AB now owns 163,596 shares of the financial services provider’s stock valued at $12,441,000 after buying an additional 32,047 shares during the last quarter. Finally, Polianta Ltd lifted its stake in Synchrony Financial by 16.2% in the second quarter. Polianta Ltd now owns 24,400 shares of the financial services provider’s stock valued at $1,855,000 after buying an additional 3,400 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Company Profile

(Get Free Report)

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.