Jupiter Topco LLC Purchases Shares of 39,715 Synchrony Financial $SYF

Jupiter Topco LLC bought a new stake in shares of Synchrony Financial (NYSE:SYF) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 39,715 shares of the financial services provider’s stock, valued at approximately $3,019,000.

A number of other large investors have also bought and sold shares of the stock. World Investment Advisors increased its position in shares of Synchrony Financial by 0.6% during the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after buying an additional 134 shares during the period. Cullen Frost Bankers Inc. boosted its stake in Synchrony Financial by 7.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after acquiring an additional 135 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Synchrony Financial by 3.1% in the second quarter. Smartleaf Asset Management LLC now owns 5,027 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 149 shares during the period. Legacy Financial Advisors Inc. grew its holdings in Synchrony Financial by 5.1% in the fourth quarter. Legacy Financial Advisors Inc. now owns 3,109 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 152 shares during the period. Finally, WealthTrust Asset Management LLC increased its stake in shares of Synchrony Financial by 0.9% during the first quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock valued at $1,187,000 after purchasing an additional 156 shares in the last quarter. 96.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SYF has been the subject of several recent research reports. UBS Group lifted their target price 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. JPMorgan Chase & Co. cut their price target on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Wells Fargo & Company reduced their price objective on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. HSBC lifted their price objective on Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada dropped their target price on Synchrony Financial from $85.00 to $80.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.78.

Synchrony Financial Stock Performance

Shares of SYF stock opened at $78.35 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. The company has a 50 day moving average price of $76.74 and a 200-day moving average price of $73.21. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The firm has a market capitalization of $25.49 billion, a PE ratio of 8.03, a P/E/G ratio of 0.70 and a beta of 1.32.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the firm earned $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, equities research analysts expect that Synchrony Financial will post 9.37 earnings per share 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 paid a $0.34 dividend. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. Synchrony Financial’s dividend payout ratio (DPR) 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.