Synopsys, Inc. $SNPS Stake Lessened by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 2.8% in the 4th quarter, HoldingsChannel reports. The fund owned 43,206 shares of the semiconductor company’s stock after selling 1,230 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Synopsys were worth $20,295,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empirical Asset Management LLC bought a new stake in Synopsys during the third quarter worth approximately $773,000. China Universal Asset Management Co. Ltd. boosted its holdings in Synopsys by 31.8% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock worth $6,957,000 after buying an additional 3,575 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Synopsys by 57.7% during the third quarter. Principal Financial Group Inc. now owns 412,766 shares of the semiconductor company’s stock worth $203,654,000 after buying an additional 150,973 shares in the last quarter. SeaTown Holdings Pte. Ltd. boosted its holdings in Synopsys by 55.9% during the fourth quarter. SeaTown Holdings Pte. Ltd. now owns 22,300 shares of the semiconductor company’s stock worth $10,475,000 after buying an additional 8,000 shares in the last quarter. Finally, Strengthening Families & Communities LLC boosted its holdings in Synopsys by 3,105.7% during the third quarter. Strengthening Families & Communities LLC now owns 6,187 shares of the semiconductor company’s stock worth $3,057,000 after buying an additional 5,994 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.

Synopsys Stock Performance

Synopsys stock opened at $475.62 on Monday. The company has a 50 day moving average price of $459.53 and a 200 day moving average price of $454.83. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. 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 market capitalization of $91.07 billion, a price-to-earnings ratio of 110.10, a P/E/G ratio of 3.75 and a beta of 1.22.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the business posted $3.67 EPS. The company’s revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts forecast that Synopsys, Inc. will post 10.28 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a report on Thursday. Citigroup raised their target price on shares of Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a report on Thursday. Rosenblatt Securities raised their target price on shares of Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a report on Friday, February 20th. Finally, Morgan Stanley raised their price objective on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research note on Thursday. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Synopsys currently has a consensus rating of “Hold” and a consensus target price of $563.81.

Check Out Our Latest Research Report on Synopsys

Key Stories Impacting Synopsys

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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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