First Trust Advisors LP boosted its holdings in shares of Synchrony Financial (NYSE:SYF – Free Report) by 5.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 5,338,110 shares of the financial services provider’s stock after acquiring an additional 281,451 shares during the period. First Trust Advisors LP’s holdings in Synchrony Financial were worth $363,098,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Westpac Banking Corp lifted its stake in shares of Synchrony Financial by 8.3% in the 1st quarter. Westpac Banking Corp now owns 78,523 shares of the financial services provider’s stock valued at $5,341,000 after purchasing an additional 6,043 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Synchrony Financial by 7.0% during the first quarter. PNC Financial Services Group Inc. now owns 83,627 shares of the financial services provider’s stock worth $5,688,000 after purchasing an additional 5,472 shares during the period. Oslo Pensjonsforsikring AS acquired a new stake in shares of Synchrony Financial during the first quarter worth $350,000. Wilkerson Advisory Group LLC increased its holdings in Synchrony Financial by 94.2% in the first quarter. Wilkerson Advisory Group LLC now owns 1,985 shares of the financial services provider’s stock valued at $135,000 after purchasing an additional 963 shares during the last quarter. Finally, Earned Wealth Advisors LLC increased its holdings in Synchrony Financial by 17.3% in the first quarter. Earned Wealth Advisors LLC now owns 3,407 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 503 shares during the last quarter. Institutional investors own 96.48% of the company’s stock.
Analysts Set New Price Targets
Several research firms have weighed in on SYF. Robert W. Baird increased their target price on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Loop Capital initiated coverage on Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 price target for the company. HSBC increased their price target on shares of Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Truist Financial lifted their price objective on shares of Synchrony Financial from $71.00 to $82.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Twelve research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $87.32.
Insider Activity
In related news, insider Jonathan S. Mothner sold 51,258 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider directly owned 132,664 shares in the company, valued at approximately $9,449,656.72. The trade was a 27.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.36% of the company’s stock.
Synchrony Financial Stock Performance
Shares of Synchrony Financial stock opened at $72.28 on Wednesday. The stock’s fifty day simple moving average is $73.20 and its 200 day simple moving average is $73.22. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $24.31 billion, a PE ratio of 7.47, a PEG ratio of 0.69 and a beta of 1.32. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77.
Synchrony Financial (NYSE:SYF – Get Free Report) last posted 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 23.41% and a net margin of 15.80%.The firm had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same period in the previous year, the firm earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, research analysts predict that Synchrony Financial will post 9.34 EPS for the current year.
Synchrony Financial Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th will be issued a dividend of $0.34 per share. This is a boost from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.9%. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.41%.
Synchrony Financial declared that its board has authorized a stock buyback plan on Tuesday, April 21st that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
Key Synchrony Financial News
Here are the key news stories impacting Synchrony Financial this week:
- Positive Sentiment: Synchrony reported Q2 earnings of $2.59 per share, well above analyst estimates, helped by record purchase volume, stronger loan growth, and solid profitability. Synchrony Reports Second Quarter 2026 Results
- Positive Sentiment: The company raised its 2026 EPS outlook to $9.25-$9.50, signaling management confidence in continued earnings momentum. Synchrony Reports Second Quarter 2026 Results
- Positive Sentiment: Synchrony increased its quarterly dividend to $0.34 per share, a 13.3% boost, which supports the stock’s appeal to income investors. Synchrony Reports Second Quarter 2026 Results
- Neutral Sentiment: Management also highlighted June credit performance metrics and a more resilient consumer backdrop, suggesting borrowers are holding up better than feared. Synchrony Financial Reports June 2026 Credit Performance Metrics
- Negative Sentiment: One report noted that revenue missed estimates, which may have limited upside despite the earnings beat. Synchrony Financial misses Q2 CY2026 revenue estimates
About Synchrony Financial
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.
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