North Dakota State Investment Board Invests $2.97 Million in Synopsys, Inc. $SNPS

North Dakota State Investment Board acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the fourth quarter, HoldingsChannel reports. The fund acquired 6,330 shares of the semiconductor company’s stock, valued at approximately $2,973,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Millstone Evans Group LLC acquired a new stake in shares of Synopsys during the 3rd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Synopsys during the 4th quarter worth $28,000. Oakworth Capital Inc. increased its holdings in shares of Synopsys by 3,700.0% during the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after buying an additional 74 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Synopsys during the 3rd quarter worth $38,000. Finally, N.E.W. Advisory Services LLC increased its holdings in shares of Synopsys by 128.6% during the 4th quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock worth $38,000 after buying an additional 45 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Stock Down 0.8%

Shares of NASDAQ SNPS opened at $498.43 on Tuesday. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The company has a market cap of $95.48 billion, a P/E ratio of 77.40, a P/E/G ratio of 4.10 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average price of $445.38 and a 200 day moving average price of $449.55.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm had revenue of $2.41 billion during 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 quarterly revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Research analysts anticipate that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SNPS. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. HSBC downgraded Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a report on Friday, February 20th. Needham & Company LLC restated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Piper Sandler lowered their price target on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Citigroup increased their price target on Synopsys from $580.00 to $600.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $536.00.

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.