Northwestern Mutual Wealth Management Co. Raises Holdings in Synopsys, Inc. $SNPS

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 357.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,568 shares of the semiconductor company’s stock after buying an additional 41,851 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Synopsys were worth $25,162,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SNPS. Vanguard Group Inc. increased its holdings in 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 buying an additional 3,120,401 shares during the period. Victory Capital Management Inc. increased its holdings 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 valued at $1,393,506,000 after buying an additional 1,990,608 shares during the period. Coatue Management LLC acquired a new stake in Synopsys in the third quarter valued at approximately $892,605,000. Capital Research Global Investors boosted its stake in Synopsys by 226.6% in 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 acquiring an additional 1,751,432 shares in the last quarter. Finally, State Street Corp boosted its stake in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after acquiring an additional 1,493,912 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SNPS shares. Citigroup raised their target price on shares of Synopsys from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Wells Fargo & Company raised their target price on shares of Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. 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. Piper Sandler lowered their target price on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Synopsys currently has an average rating of “Hold” and a consensus price target of $536.00.

View Our Latest Analysis on SNPS

Synopsys Price Performance

Shares of SNPS opened at $493.87 on Wednesday. The firm has a market capitalization of $94.61 billion, a PE ratio of 76.69, a price-to-earnings-growth ratio of 4.07 and a beta of 1.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73. The company’s fifty day moving average price is $446.51 and its 200-day moving average price is $449.82.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.03 earnings per share. 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, equities research analysts predict that Synopsys, Inc. will post 10.3 EPS for the current year.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

Synopsys Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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