Insider Selling: OneMain (NYSE:OMF) SVP Sells $160,000.00 in Stock

OneMain Holdings, Inc. (NYSE:OMF) SVP Michael Hedlund sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total value of $160,000.00. Following the sale, the senior vice president owned 10,627 shares of the company’s stock, valued at approximately $680,128. The trade was a 19.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

OneMain Trading Up 0.0%

Shares of OMF stock opened at $62.59 on Monday. The firm has a market capitalization of $7.20 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 0.48 and a beta of 1.21. OneMain Holdings, Inc. has a 1 year low of $45.78 and a 1 year high of $71.93. The firm’s fifty day simple moving average is $58.34 and its 200 day simple moving average is $57.63.

OneMain (NYSE:OMF) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.28 billion. OneMain had a net margin of 13.92% and a return on equity of 23.49%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 EPS. Equities research analysts anticipate that OneMain Holdings, Inc. will post 7.12 EPS for the current fiscal year.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.7%. OneMain’s dividend payout ratio is currently 63.25%.

Hedge Funds Weigh In On OneMain

Several institutional investors and hedge funds have recently made changes to their positions in OMF. CIBC Private Wealth Group LLC raised its stake in OneMain by 117.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock worth $25,000 after buying an additional 202 shares during the period. Core Wealth Advisors LLC bought a new position in OneMain during the fourth quarter worth about $31,000. Atlantic Union Bankshares Corp acquired a new position in OneMain in the fourth quarter valued at about $36,000. Transamerica Financial Advisors LLC grew its stake in OneMain by 88.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 314 shares during the period. Finally, Spire Wealth Management increased its holdings in shares of OneMain by 83.2% in the fourth quarter. Spire Wealth Management now owns 700 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 318 shares in the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Analysts Set New Price Targets

OMF has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of OneMain in a research note on Friday, July 10th. Wells Fargo & Company dropped their price objective on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneMain in a report on Tuesday, July 7th. Citigroup reaffirmed a “market outperform” rating on shares of OneMain in a research note on Thursday. Finally, TD Cowen raised their price objective on shares of OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, OneMain currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.40.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain reported second-quarter adjusted EPS of $1.31, topping the $1.26 consensus estimate. Net interest income and other revenue increased year over year, while receivables growth remained strong. OneMain Holdings Q2 Earnings in Line, Stock Gains as NII Rises Y/Y
• Positive Sentiment: Truist Financial raised its price target from $70 to $71 and maintained a “buy” rating, while Citizens JMP increased its target from $68 to $70 and kept a “market outperform” rating. These targets imply meaningful upside from recent trading levels. Truist Financial and Citizens JMP price-target updates
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The dividend represents an annualized yield of approximately 6.6%, supporting the stock’s income appeal.
• Neutral Sentiment: Analyst views remain mixed, with some firms retaining favorable ratings while estimates reflect uncertainty around future loan performance and profitability. Analysts’ Opinions Are Mixed on These Financial Stocks
• Negative Sentiment: Revenue of $1.09 billion fell short of the $1.28 billion analyst forecast, and quarterly EPS declined from $1.45 a year earlier. Rising credit costs also weighed on profit, highlighting risks from borrower delinquencies and loan losses.
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $7.10 from $7.39 and cut its Q4 2026 forecast to $2.00 from $2.11. It also reduced its Q1 2027 estimate to $1.82 from $1.84, although it modestly raised its Q3 and Q4 2027 forecasts. The revisions may be pressuring sentiment because they point to near-term earnings moderation.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.