Harvest Fund Management Co. Ltd Grows Stock Holdings in Synopsys, Inc. $SNPS

Harvest Fund Management Co. Ltd boosted its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 53.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,162 shares of the semiconductor company’s stock after buying an additional 14,012 shares during the period. Synopsys makes up 0.7% of Harvest Fund Management Co. Ltd’s investment portfolio, making the stock its 24th biggest holding. Harvest Fund Management Co. Ltd’s holdings in Synopsys were worth $18,863,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its stake in Synopsys by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after buying an additional 283,677 shares in the last quarter. State Street Corp grew its stake in Synopsys by 20.6% in the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after buying an additional 1,493,912 shares in the last quarter. Geode Capital Management LLC grew its stake in Synopsys by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock valued at $2,017,256,000 after buying an additional 54,329 shares in the last quarter. Victory Capital Management Inc. grew its stake in Synopsys by 238.8% in the 3rd 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 in the last quarter. Finally, Capital Research Global Investors grew its stake in Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after buying an additional 1,751,432 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Stock Down 0.7%

Shares of NASDAQ:SNPS opened at $494.48 on Friday. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The firm has a fifty day moving average of $465.46 and a 200 day moving average of $457.75. The firm has a market capitalization of $94.68 billion, a PE ratio of 114.46, a price-to-earnings-growth ratio of 3.03 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the business earned $3.67 earnings per share. The firm’s quarterly revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, research analysts anticipate that Synopsys, Inc. will post 10.28 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on SNPS. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Needham & Company LLC reiterated a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Rosenblatt Securities boosted their price target on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Citigroup boosted their price target on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, BNP Paribas Exane boosted their price target on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a research report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Synopsys currently has an average rating of “Hold” and a consensus price target of $563.81.

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.