New York State Teachers Retirement System Lowers Holdings in Synopsys, Inc. $SNPS

New York State Teachers Retirement System lowered its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 0.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 143,287 shares of the semiconductor company’s stock after selling 1,365 shares during the period. New York State Teachers Retirement System’s holdings in Synopsys were worth $67,305,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Stanley Laman Group Ltd. increased its position in Synopsys by 542.9% during the 3rd quarter. Stanley Laman Group Ltd. now owns 12,877 shares of the semiconductor company’s stock worth $6,353,000 after purchasing an additional 10,874 shares in the last quarter. Empirical Asset Management LLC acquired a new position in Synopsys in the 3rd quarter valued at about $773,000. Strategic Advisors LLC lifted its holdings in Synopsys by 76.3% in the 3rd quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock valued at $3,739,000 after purchasing an additional 3,279 shares in the last quarter. China Universal Asset Management Co. Ltd. boosted its stake 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 purchasing an additional 3,575 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of Synopsys by 24.8% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,970 shares of the semiconductor company’s stock worth $11,827,000 after purchasing an additional 4,759 shares during the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on SNPS shares. HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research report on Friday, February 20th. Wells Fargo & Company decreased their target price on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Rosenblatt Securities lowered their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $531.00.

Synopsys Trading Up 0.3%

NASDAQ SNPS opened at $482.60 on Friday. The company has a market cap of $92.45 billion, a P/E ratio of 74.94, a P/E/G ratio of 3.93 and a beta of 1.15. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The company has a 50-day moving average of $430.07 and a 200-day moving average of $445.72.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period last year, the company earned $3.03 earnings per share. The company’s quarterly revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, equities analysts predict that Synopsys, Inc. will post 10.3 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.