TD Asset Management Inc Sells 8,025 Shares of Synopsys, Inc. $SNPS

TD Asset Management Inc trimmed its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,275 shares of the semiconductor company’s stock after selling 8,025 shares during the period. TD Asset Management Inc owned about 0.07% of Synopsys worth $64,481,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in SNPS. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys in the fourth quarter valued at $28,000. Oakworth Capital Inc. lifted its position in shares of Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 74 shares in the last quarter. WealthCollab LLC lifted its position in shares of Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 41 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Synopsys during the third quarter valued at about $38,000. Finally, N.E.W. Advisory Services LLC lifted its position in shares of Synopsys by 128.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 45 shares in the last quarter. 85.47% of the stock is owned by institutional investors.

Synopsys Stock Performance

NASDAQ SNPS opened at $464.85 on Friday. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The company has a 50-day simple moving average of $466.55 and a 200 day simple moving average of $457.80. 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 company has a market capitalization of $89.01 billion, a PE ratio of 107.60, a price-to-earnings-growth ratio of 3.01 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (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 business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the company posted $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. On average, research analysts predict that Synopsys, Inc. will post 10.28 EPS for the current year.

Analysts Set New Price Targets

SNPS has been the topic of a number of recent analyst reports. Stifel Nicolaus raised their price target on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Citigroup raised 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. Morgan Stanley raised their price target on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Rosenblatt Securities raised 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. Finally, Needham & Company LLC reissued a “buy” rating and set a $580.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $563.81.

About Synopsys

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.