Patton Fund Management Inc. Sells 40,351 Shares of Synchrony Financial $SYF

Key Points

• Patton Fund Management cut its stake in Synchrony Financial by 92.5%, selling 40,351 shares and leaving the firm with 3,254 shares valued at about $271,000 at quarter-end.
• Company insiders have been heavy sellers recently: Brian J. Sr. Wenzel sold 47,112 shares (~$3.16M) and Brian D. Doubles sold 217,554 shares (~$14.94M), with insiders offloading 379,928 shares worth roughly $26.17M in the past three months.
• Synchrony beat quarterly EPS estimates ($2.18 vs. $2.02), set FY2026 guidance of 9.10–9.50 EPS, and trades around $73.80 with an average analyst consensus of "Moderate Buy" and a $85 target price.

Patton Fund Management Inc. reduced its stake in shares of Synchrony Financial (NYSE:SYF - Free Report) by 92.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,254 shares of the financial services provider's stock after selling 40,351 shares during the quarter. Patton Fund Management Inc.'s holdings in Synchrony Financial were worth $271,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. grew its stake in shares of Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider's stock valued at $25,000 after buying an additional 179 shares during the last quarter. FWL Investment Management LLC bought a new position in shares of Synchrony Financial during the third quarter valued at about $26,000. Palisade Asset Management LLC bought a new position in shares of Synchrony Financial during the third quarter valued at about $29,000. Salomon & Ludwin LLC grew its stake in shares of Synchrony Financial by 54.9% during the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider's stock valued at $29,000 after buying an additional 146 shares during the last quarter. Finally, Colonial Trust Co SC grew its stake in shares of Synchrony Financial by 40.2% during the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider's stock valued at $34,000 after buying an additional 136 shares during the last quarter. 96.48% of the stock is owned by institutional investors.

Insider Activity

In other Synchrony Financial news, insider Brian J. Sr. Wenzel sold 47,112 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $67.16, for a total transaction of $3,164,041.92. Following the completion of the transaction, the insider owned 64,221 shares of the company's stock, valued at approximately $4,313,082.36. This trade represents a 42.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian D. Doubles sold 217,554 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $68.68, for a total transaction of $14,941,608.72. Following the transaction, the insider directly owned 829,222 shares of the company's stock, valued at $56,950,966.96. This represents a 20.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 379,928 shares of company stock worth $26,170,764. Company insiders own 0.32% of the company's stock.

Synchrony Financial Stock Up 1.9%

SYF stock opened at $73.80 on Tuesday. Synchrony Financial has a fifty-two week low of $46.08 and a fifty-two week high of $88.77. The business's 50 day moving average price is $69.47 and its two-hundred day moving average price is $74.46. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $25.65 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 0.64 and a beta of 1.39.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, topping analysts' consensus estimates of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the business earned $1.91 EPS. The business's revenue for the quarter was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, analysts forecast that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. Synchrony Financial's dividend payout ratio is 12.92%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SYF. TD Cowen increased their target price on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, January 8th. Truist Financial dropped their target price on shares of Synchrony Financial from $84.00 to $71.00 and set a "hold" rating for the company in a report on Monday, March 23rd. BTIG Research reiterated a "buy" rating and set a $96.00 target price on shares of Synchrony Financial in a report on Wednesday, March 11th. JPMorgan Chase & Co. dropped their target price on shares of Synchrony Financial from $84.00 to $73.00 and set a "neutral" rating for the company in a report on Thursday, April 9th. Finally, Compass Point upgraded shares of Synchrony Financial from a "neutral" rating to a "buy" rating and set a $96.00 target price for the company in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $85.00.

About Synchrony Financial

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.

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