Polen Capital Management LLC Sells 199,919 Shares of Synopsys, Inc. $SNPS

Polen Capital Management LLC lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 19.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 844,881 shares of the semiconductor company’s stock after selling 199,919 shares during the quarter. Synopsys makes up approximately 1.7% of Polen Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Polen Capital Management LLC owned 0.44% of Synopsys worth $396,858,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SNPS. Vanguard Group Inc. boosted its stake in shares of Synopsys by 20.7% during the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after purchasing an additional 3,120,401 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after purchasing an additional 1,990,608 shares during the period. Coatue Management LLC purchased a new stake in shares of Synopsys during the third quarter valued at approximately $892,605,000. Capital Research Global Investors boosted its stake in shares of Synopsys by 226.6% during the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after purchasing an additional 1,751,432 shares during the period. Finally, Norges Bank purchased a new stake in shares of Synopsys during the fourth quarter valued at approximately $730,197,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Stock Performance

Shares of SNPS stock opened at $456.29 on Friday. The stock has a fifty day moving average of $472.42 and a 200 day moving average of $460.47. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The firm has a market capitalization of $87.37 billion, a price-to-earnings ratio of 105.62, a PEG ratio of 2.71 and a beta of 1.22. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The company had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the firm posted $3.67 earnings per share. The firm’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. As a group, research analysts expect that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Morgan Stanley increased their price objective on Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Wells Fargo & Company increased their price objective on Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research note on Friday, February 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 price target on shares of Synopsys in a research note on Thursday, May 28th. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $563.81.

Synopsys 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.