Rothschild & Co Redburn Initiates Coverage of Synchrony with Neutral Rating and $72 Price Target

Rothschild & Co Redburn initiated coverage of Synchrony with a Neutral rating and a $72 price target.

Synchrony Financial (NYSE: SYF) has seen significant shifts in institutional ownership and analyst sentiment in the first quarter of 2025. Mackenzie Financial Corp reduced its stake by 2.4%, owning 437,345 shares valued at approximately $23.15 million after selling 10,703 shares [1]. Multiple other institutional investors increased their holdings, including Northern Trust Corp, which raised its stake by 26.7% to 5.18 million shares valued at $336.94 million [1].

Several large investors also recently bought and sold shares of SYF. Geode Capital Management LLC increased its holdings by 2.1%, owning 9,963,573 shares valued at $650,678,000 after acquiring an additional 205,641 shares [1]. Allianz Asset Management GmbH increased its stake by 6.5%, owning 5,868,022 shares valued at $310,653,000 after purchasing an additional 358,708 shares [1]. Northern Trust Corp raised its holdings by 26.7%, owning 5,183,717 shares valued at $336,942,000 after buying an additional 1,093,922 shares [1]. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings by 9.1%, owning 4,576,854 shares valued at $297,496,000 after buying an additional 382,194 shares [1]. Ameriprise Financial Inc. boosted its stake by 15.1%, owning 3,602,422 shares valued at $234,157,000 after buying an additional 471,958 shares [1].

In other news, insider Curtis Howse sold 11,380 shares of SYF stock on June 24th, reducing his ownership by 9.53% [1]. Jonathan S. Mothner sold 40,639 shares on May 19th, decreasing his ownership by 21.70% [1]. Institutional investors and hedge funds own 96.48% of the company's stock, with insiders owning 0.32% [1].

Several equities analysts have recently issued reports on SYF shares. Truist Financial boosted their price target from $68.00 to $76.00, giving it a "hold" rating [1]. Royal Bank Of Canada raised their target price from $75.00 to $78.00, rating it "sector perform" [1]. BTIG Research upgraded SYF from "neutral" to "buy" with a $100.00 price target [1]. Barclays lowered their price objective from $81.00 to $80.00, setting an "overweight" rating [1]. Wall Street Zen upgraded SYF from "hold" to "buy" [1]. Six analysts have a "hold" rating, and thirteen have a "buy" rating, with an average rating of "Moderate Buy" and a consensus price target of $74.17 [1].

Rothschild & Co Redburn initiated coverage of Synchrony with a Neutral rating and a $72 price target [2]. The company's latest earnings report showed $2.50 EPS, topping the consensus estimate of $1.72, with revenue of $3.65 billion [1]. The company declared a quarterly dividend of $0.30 per share, payable on August 15th, with an annualized dividend of $1.20 and a dividend yield of 1.71% [1].

Synchrony Financial operates as a consumer financial services company, offering credit products, private label credit cards, and deposit products [1]. The company has a market cap of $26.14 billion, a price-to-earnings ratio of 8.53, and a beta of 1.46 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-synchrony-financial-nysesyf-shares-sold-by-mackenzie-financial-corp-2025-07-31/
[2] https://www.nasdaq.com/articles/ex-dividend-reminder-banner-equitable-holdings-and-synchrony-financial