Synopsys, Inc. $SNPS Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. lessened its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 9.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 329,357 shares of the semiconductor company’s stock after selling 33,753 shares during the quarter. Royal London Asset Management Ltd. owned about 0.17% of Synopsys worth $154,706,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Ieq Capital LLC grew its position in shares of Synopsys by 1.3% during the fourth quarter. Ieq Capital LLC now owns 13,825 shares of the semiconductor company’s stock worth $6,494,000 after acquiring an additional 171 shares during the last quarter. Storgate LLC purchased a new stake in Synopsys in the 4th quarter valued at $432,000. Caitong International Asset Management Co. Ltd acquired a new stake in Synopsys during the 4th quarter worth $28,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Synopsys by 5.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,950,088 shares of the semiconductor company’s stock worth $915,995,000 after purchasing an additional 101,632 shares during the period. Finally, Korea Investment CORP grew its position in Synopsys by 6.2% during the 4th quarter. Korea Investment CORP now owns 119,516 shares of the semiconductor company’s stock worth $56,139,000 after purchasing an additional 6,998 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of recent research reports. Wells Fargo & Company lifted their price objective on shares of Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a report on Monday. KeyCorp restated an “overweight” rating on shares of Synopsys in a research report on Thursday, May 28th. Piper Sandler upped their price objective on Synopsys from $430.00 to $450.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Finally, Morgan Stanley increased their price objective on Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $563.81.

Synopsys Stock Down 0.5%

Shares of Synopsys stock opened at $453.89 on Friday. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The company has a market cap of $86.91 billion, a P/E ratio of 105.07, a PEG ratio of 2.68 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The firm has a fifty day moving average of $473.57 and a two-hundred day moving average of $460.43.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the firm earned $3.67 earnings per share. The business’s quarterly revenue was up 41.9% compared to the same quarter last year. 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 10.65 earnings per share for the current year.

About Synopsys

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.