9,397 Shares in Synchrony Financial $SYF Purchased by Callan Family Office LLC

Callan Family Office LLC bought a new position in Synchrony Financial (NYSE:SYF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,397 shares of the financial services provider’s stock, valued at approximately $715,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its holdings in shares of Synchrony Financial by 8.9% in the 1st quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock worth $439,000 after purchasing an additional 679 shares during the last quarter. Woodline Partners LP boosted its position in Synchrony Financial by 36.2% during the 1st quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock valued at $1,884,000 after purchasing an additional 9,460 shares during the period. Focus Partners Wealth grew its stake in Synchrony Financial by 7.7% during the 1st quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock worth $339,000 after buying an additional 459 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Synchrony Financial by 337.0% in the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock worth $31,000 after buying an additional 455 shares during the period. Finally, Sivia Capital Partners LLC increased its position in Synchrony Financial by 56.1% in the second quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock worth $405,000 after buying an additional 2,178 shares during the period. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SYF. UBS Group boosted their price target on shares of Synchrony Financial from $84.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday, July 17th. Loop Capital began coverage on shares of Synchrony Financial in a research report on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective on the stock. Wells Fargo & Company reduced their target price on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, HSBC upped their target price on shares of Synchrony Financial from $93.00 to $97.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.78.

Synchrony Financial Trading Up 1.0%

Shares of SYF stock opened at $80.82 on Wednesday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The firm has a market capitalization of $26.30 billion, a PE ratio of 8.28, a price-to-earnings-growth ratio of 0.73 and a beta of 1.32. The stock has a fifty day moving average of $76.38 and a two-hundred day moving average of $73.00. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.22 and a current ratio of 1.22.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share 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 analyst estimates of $3.72 billion. During the same period in the prior year, the business posted $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, research analysts expect that Synchrony Financial will post 9.39 EPS for the current year.

Synchrony Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were given 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 was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. Synchrony Financial’s payout ratio is 13.93%.

Synchrony Financial Company 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.