Synchrony Financial $SYF Shares Purchased by Wedge Capital Management L L P NC

Posted by Brenda Bartman on Aug 12th, 2026

Wedge Capital Management L L P NC grew its position in shares of Synchrony Financial (NYSE:SYF – Free Report) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 495,316 shares of the financial services provider’s stock after purchasing an additional 20,959 shares during the period. Wedge Capital Management L L P NC’s holdings in Synchrony Financial were worth $37,669,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KTF Investments LLC purchased a new stake in Synchrony Financial during the fourth quarter worth about $3,923,000. Assenagon Asset Management S.A. grew its holdings in shares of Synchrony Financial by 959.4% in the first quarter. Assenagon Asset Management S.A. now owns 545,880 shares of the financial services provider’s stock valued at $37,131,000 after purchasing an additional 494,354 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in Synchrony Financial by 701.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider’s stock worth $10,095,000 after buying an additional 105,907 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in Synchrony Financial during the 4th quarter worth approximately $84,494,000. Finally, Forsta AP Fonden lifted its holdings in Synchrony Financial by 7.7% during the 4th quarter. Forsta AP Fonden now owns 228,900 shares of the financial services provider’s stock worth $19,097,000 after buying an additional 16,400 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Insider Activity at Synchrony Financial

In related news, insider Jonathan S. Mothner sold 51,258 shares of the company’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 owned 132,664 shares in the company, valued at $9,449,656.72. This represents a 27.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by insiders.

Synchrony Financial Stock Performance

Shares of Synchrony Financial stock opened at $78.44 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The firm’s 50 day moving average is $74.77 and its two-hundred day moving average is $72.64. The firm has a market capitalization of $25.52 billion, a P/E ratio of 8.04, a P/E/G ratio of 0.73 and a beta of 1.32.

Synchrony Financial (NYSE:SYF – Get Free Report) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.45. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. The business had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. During the same quarter in the prior year, the business posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Research analysts forecast that Synchrony Financial will post 9.37 EPS for the current fiscal year.

Synchrony Financial declared that its board has approved a share 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 repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Synchrony Financial Increases Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend 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 is presently 13.93%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on SYF shares. Robert W. Baird upped their price objective on Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Barclays raised their target price on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. BTIG Research downgraded shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Loop Capital initiated coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They set a “hold” rating and a $81.00 price objective for the company. Finally, 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. Twelve equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.89.

Check Out Our Latest Stock Analysis on Synchrony Financial

Synchrony Financial Profile

(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.