TIAA Trust National Association Lowers Stock Position in Synopsys, Inc. $SNPS

TIAA Trust National Association reduced its stake in Synopsys, Inc. (NASDAQ:SNPS) by 88.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,630 shares of the semiconductor company’s stock after selling 37,072 shares during the quarter. TIAA Trust National Association’s holdings in Synopsys were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Synopsys during the fourth quarter worth approximately $28,000. Oakworth Capital Inc. raised its stake 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 worth $36,000 after acquiring an additional 74 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Synopsys during the third quarter worth approximately $38,000. N.E.W. Advisory Services LLC raised its stake 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 worth $38,000 after acquiring an additional 45 shares in the last quarter. Finally, WealthCollab LLC raised its stake in shares of Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 41 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Stock Performance

Shares of Synopsys stock opened at $460.54 on Thursday. The stock has a market cap of $88.18 billion, a price-to-earnings ratio of 106.61, a PEG ratio of 2.73 and a beta of 1.22. The firm’s 50-day moving average is $471.23 and its 200 day moving average is $459.99. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results 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. The company had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. Synopsys’s revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Sell-side analysts anticipate that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Analysts Set New Price Targets

SNPS has been the topic of several research reports. Morgan Stanley lifted their price target on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Wells Fargo & Company increased their target price on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. KeyCorp restated an “overweight” rating on shares of Synopsys in a report on Thursday, May 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a report on Monday. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $563.81.

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.