131,071 Shares in Synchrony Financial $SYF Bought by Wealthfront Advisers LLC

Posted by Brenda Bartman on Aug 20th, 2026

Wealthfront Advisers LLC acquired a new position in shares of Synchrony Financial (NYSE:SYF – Free Report) in the second quarter, Holdings Channel.com reports. The firm acquired 131,071 shares of the financial services provider’s stock, valued at approximately $9,968,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Synchrony Financial during the second quarter worth about $2,349,452,000. State Street Corp raised its position in shares of Synchrony Financial by 1.0% during the 3rd quarter. State Street Corp now owns 19,080,903 shares of the financial services provider’s stock worth $1,355,698,000 after purchasing an additional 191,920 shares during the last quarter. Bank of America Corp DE lifted its stake in Synchrony Financial by 34.6% in the 2nd quarter. Bank of America Corp DE now owns 13,595,381 shares of the financial services provider’s stock valued at $907,356,000 after buying an additional 3,494,741 shares in the last quarter. Morgan Stanley lifted its stake in Synchrony Financial by 7.6% in the 4th quarter. Morgan Stanley now owns 6,230,111 shares of the financial services provider’s stock valued at $519,778,000 after buying an additional 442,226 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Synchrony Financial by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,039,753 shares of the financial services provider’s stock worth $410,760,000 after buying an additional 365,353 shares during the last quarter. 96.48% of the stock is owned by hedge funds and other institutional investors.

Synchrony Financial Price Performance

SYF stock opened at $79.64 on Thursday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $25.91 billion, a PE ratio of 8.16, a price-to-earnings-growth ratio of 0.74 and a beta of 1.32. The business has a 50 day simple moving average of $75.95 and a 200-day simple moving average of $72.85.

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

Synchrony Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were issued a dividend of $0.34 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s payout ratio is presently 13.93%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. UBS Group increased their target price on Synchrony Financial from $84.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Wells Fargo & Company lowered their price target on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Royal Bank Of Canada dropped their price target on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 22nd. Truist Financial raised their price objective on Synchrony Financial from $71.00 to $82.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Friday, July 17th. Twelve research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Synchrony Financial presently has an average rating of “Moderate Buy” and a consensus price target of $87.89.

View Our Latest Analysis on SYF

Synchrony Financial Company 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.