Northwestern Mutual Wealth Management Co. Invests $5.44 Million in Synchrony Financial $SYF

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Synchrony Financial (NYSE:SYF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 71,517 shares of the financial services provider’s stock, valued at approximately $5,439,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KTF Investments LLC bought a new stake in Synchrony Financial in the fourth quarter worth approximately $3,923,000. Assenagon Asset Management S.A. lifted its stake in shares of Synchrony Financial by 959.4% in the 1st 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 during the last quarter. Jefferies Financial Group Inc. boosted its holdings in Synchrony Financial by 701.9% in the fourth quarter. Jefferies Financial Group Inc. now owns 120,996 shares of the financial services provider’s stock worth $10,095,000 after purchasing an additional 105,907 shares in the last quarter. Forsta AP Fonden increased its position in Synchrony Financial by 7.7% during the fourth 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 during the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in Synchrony Financial during the fourth quarter valued at about $84,494,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SYF. UBS Group boosted their target price on Synchrony Financial from $84.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Royal Bank Of Canada reduced their price objective on shares of Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 22nd. Loop Capital assumed coverage on shares of Synchrony Financial in a research note on Friday, May 22nd. They issued a “hold” rating and a $81.00 target price on the stock. HSBC lifted their target price on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday, July 17th. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.89.

Synchrony Financial Price Performance

Shares of NYSE:SYF opened at $79.53 on Monday. The firm has a market capitalization of $25.88 billion, a PE ratio of 8.15, a PEG ratio of 0.73 and a beta of 1.32. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. Synchrony Financial has a 1-year low of $63.08 and a 1-year high of $88.77. The business’s 50 day moving average is $76.16 and its 200-day moving average is $72.92.

Synchrony Financial (NYSE:SYF) last released 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. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. The company had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same period last year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Sell-side analysts predict that Synchrony Financial will post 9.37 earnings per share for the current year.

Synchrony Financial Increases Dividend

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

Synchrony Financial Profile

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.