Sustainable Growth Advisers LP Has $528.15 Million Holdings in Synopsys, Inc. $SNPS

Sustainable Growth Advisers LP lessened its stake in Synopsys, Inc. (NASDAQ:SNPS) by 16.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,124,385 shares of the semiconductor company’s stock after selling 219,531 shares during the quarter. Synopsys comprises approximately 3.7% of Sustainable Growth Advisers LP’s investment portfolio, making the stock its 11th biggest holding. Sustainable Growth Advisers LP’s holdings in Synopsys were worth $528,146,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empirical Asset Management LLC acquired a new stake in shares of Synopsys during the 3rd quarter worth approximately $773,000. China Universal Asset Management Co. Ltd. grew its position in shares of Synopsys by 31.8% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock worth $6,957,000 after buying an additional 3,575 shares during the period. Principal Financial Group Inc. grew its position in shares of Synopsys by 57.7% during the 3rd quarter. Principal Financial Group Inc. now owns 412,766 shares of the semiconductor company’s stock worth $203,654,000 after buying an additional 150,973 shares during the period. SeaTown Holdings Pte. Ltd. grew its position in shares of Synopsys by 55.9% during the 4th quarter. SeaTown Holdings Pte. Ltd. now owns 22,300 shares of the semiconductor company’s stock worth $10,475,000 after buying an additional 8,000 shares during the period. Finally, Strengthening Families & Communities LLC grew its position in shares of Synopsys by 3,105.7% during the 3rd quarter. Strengthening Families & Communities LLC now owns 6,187 shares of the semiconductor company’s stock worth $3,057,000 after buying an additional 5,994 shares during the period. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Stock Performance

Shares of SNPS opened at $492.29 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The firm’s 50 day moving average price is $460.81 and its two-hundred day moving average price is $455.51. The firm has a market cap of $94.26 billion, a P/E ratio of 113.96, a PEG ratio of 3.75 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the previous year, the firm posted $3.67 earnings per share. The business’s revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, analysts forecast that Synopsys, Inc. will post 10.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SNPS. Wells Fargo & Company lifted their price target on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research report on Thursday. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday. Rosenblatt Securities lifted their price objective on shares of Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Stifel Nicolaus lifted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $563.81.

Synopsys Company Profile

Synopsys, Inc is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) used to design, verify and manufacture integrated circuits and complex systems-on-chip (SoCs). Its product portfolio spans tools and technologies for front?end design and synthesis, simulation and verification, physical implementation and signoff, and design-for-manufacturability, enabling chip designers to move from architecture through tape?out.

In addition to core EDA offerings, Synopsys supplies a broad set of semiconductor IP building blocks — such as interface, memory and analog/mixed-signal cores — that customers integrate into SoCs to accelerate development.