Weiss Asset Management LP Takes Position in OneMain Holdings, Inc. $OMF

28 Jul 2026, 09:42 by Tristan Rich · The Markets Daily

Weiss Asset Management LP acquired a new position in OneMain Holdings, Inc. (NYSE:OMF – Free Report) in the first quarter, Holdings Channel.com reports. The fund acquired 12,115 shares of the financial services provider’s stock, valued at approximately $648,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in OneMain by 7.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,342,241 shares of the financial services provider’s stock valued at $232,258,000 after buying an additional 308,370 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in OneMain by 70.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,534,271 shares of the financial services provider’s stock worth $171,210,000 after acquiring an additional 1,047,263 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of OneMain by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,422,562 shares of the financial services provider’s stock worth $164,017,000 after acquiring an additional 15,941 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of OneMain by 17.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,310,513 shares of the financial services provider’s stock worth $156,075,000 after acquiring an additional 345,269 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of OneMain by 2.3% during the fourth quarter. State Street Corp now owns 2,305,246 shares of the financial services provider’s stock valued at $155,719,000 after acquiring an additional 51,592 shares in the last quarter. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on OMF. Barclays decreased their price objective on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings restated a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of OneMain in a report on Friday, July 10th. TD Cowen lifted their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Finally, Truist Financial cut their target price on OneMain from $73.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Eight research 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. According to data from MarketBeat, OneMain has a consensus rating of “Moderate Buy” and an average price target of $67.80.

View Our Latest Report on OMF

OneMain Stock Up 2.3%

OneMain stock opened at $61.13 on Tuesday. The stock has a 50-day moving average price of $57.59 and a 200 day moving average price of $57.82. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 0.46 and a beta of 1.22. OneMain Holdings, Inc. has a 52 week low of $45.78 and a 52 week high of $71.93.

OneMain (NYSE:OMF – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The financial services provider reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.09. OneMain had a net margin of 14.38% and a return on equity of 24.24%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company earned $1.72 EPS. OneMain’s quarterly revenue was up 6.7% on a year-over-year basis. Research analysts anticipate that OneMain Holdings, Inc. will post 7.14 EPS for the current fiscal year.

OneMain Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 11th were paid a $1.05 dividend. The ex-dividend date was Monday, May 11th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.9%. OneMain’s dividend payout ratio is presently 62.50%.

Insiders Place Their Bets

In related news, COO Micah R. Conrad sold 5,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the completion of the transaction, the chief operating officer owned 96,250 shares of the company’s stock, valued at $5,967,500. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the transaction, the senior vice president owned 13,127 shares of the company’s stock, valued at $813,874. This represents a 12.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

About OneMain

(Free Report)

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.