Swiss Life Asset Management Ltd Trims Stock Position in Synopsys, Inc. $SNPS

Swiss Life Asset Management Ltd cut its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 48.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,799 shares of the semiconductor company’s stock after selling 33,939 shares during the period. Swiss Life Asset Management Ltd’s holdings in Synopsys were worth $17,285,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SNPS. Vanguard Group Inc. raised its stake in Synopsys by 20.7% during the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after purchasing an additional 3,120,401 shares during the period. Victory Capital Management Inc. raised its stake in Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after purchasing an additional 1,990,608 shares during the period. Coatue Management LLC purchased a new position in Synopsys during the third quarter worth about $892,605,000. Capital Research Global Investors raised its stake in Synopsys by 226.6% during the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after purchasing an additional 1,751,432 shares during the period. Finally, State Street Corp raised its stake in Synopsys by 20.6% during the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock worth $4,322,273,000 after purchasing an additional 1,493,912 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Price Performance

Shares of SNPS opened at $516.19 on Tuesday. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The firm’s 50 day moving average price is $437.43 and its 200 day moving average price is $447.89. The company has a market cap of $98.88 billion, a P/E ratio of 80.15, a PEG ratio of 4.22 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share 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 firm had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the firm earned $3.03 EPS. The firm’s revenue for the quarter 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. On average, research analysts forecast that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SNPS has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. HSBC downgraded shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research note on Friday, February 20th. Morgan Stanley reissued an “equal weight” rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. Rosenblatt Securities reduced their price target on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Wells Fargo & Company reduced their price target on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $531.00.

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.