Robeco Institutional Asset Management B.V. Acquires 117,824 Shares of Cadence Design Systems, Inc. $CDNS

Robeco Institutional Asset Management B.V. grew its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 24.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 607,455 shares of the software maker’s stock after buying an additional 117,824 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.22% of Cadence Design Systems worth $200,573,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. George Kaiser Family Foundation purchased a new stake in shares of Cadence Design Systems in the second quarter worth approximately $725,000. Vega Investment Solutions purchased a new position in shares of Cadence Design Systems in the second quarter valued at $1,957,000. MassMutual Private Wealth & Trust FSB increased its holdings in Cadence Design Systems by 65.7% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 26,160 shares of the software maker’s stock worth $8,638,000 after acquiring an additional 10,376 shares during the period. Osmosis Investment Management UK Ltd bought a new stake in Cadence Design Systems during the second quarter valued at $5,238,000. Finally, Persistent Asset Partners Ltd purchased a new position in shares of Cadence Design Systems during the second quarter worth about $4,170,000. 84.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on CDNS. Citigroup raised their price target on Cadence Design Systems from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Bank of America boosted their target price on Cadence Design Systems from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Wall Street Zen lowered Cadence Design Systems from a “buy” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings cut shares of Cadence Design Systems from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 25th. Finally, Rothschild & Co Redburn lifted their price target on shares of Cadence Design Systems from $385.00 to $395.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $404.14.

Key Headlines Impacting Cadence Design Systems

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Expanding AI and SoC design partnership: Socionext is collaborating with Cadence to apply agentic AI to the physical design of large-scale, advanced-process system-on-chip products. The relationship highlights demand for Cadence’s AI-enabled electronic design automation tools. Socionext Expands Agentic AI to Advanced, Large-Scale SoC Physical Design
• Positive Sentiment: Long-term growth thesis remains intact: Cadence’s deep integration into customer workflows, partnerships with TSMC, Samsung, Google Cloud and NVIDIA, recurring revenue, approximately $8.1 billion backlog and reported 45.5% non-GAAP operating margin support revenue visibility. Rising chip complexity may further increase demand for its design software. Cadence: The Design Bottleneck Is Becoming More Valuable
• Neutral Sentiment: Upcoming earnings are a near-term catalyst: Analysts expect Cadence to release quarterly results shortly, while recent commentary points to earnings growth potential and factors that could support a beat. Investors may remain cautious ahead of the report because guidance and forward demand will be central to the valuation debate. Cadence Earnings Expected to Grow
• Negative Sentiment: Valuation and execution risks are pressuring the shares: Cadence trades at a premium valuation, making the stock sensitive to expectations for growth and earnings. Export restrictions and the integration of recent acquisitions, including Hexagon, are identified as material risks. Cadence: The Design Bottleneck Is Becoming More Valuable
• Negative Sentiment: Cautious analyst stance: Wall Street Zen lowered its rating on CDNS to Hold, adding to investor caution and likely contributing to the stock’s weaker performance despite the company’s favorable growth narrative. Cadence Rating Lowered to Hold

Cadence Design Systems Stock Performance

NASDAQ CDNS opened at $319.87 on Wednesday. The company has a 50-day simple moving average of $318.58 and a two-hundred day simple moving average of $339.93. Cadence Design Systems, Inc. has a 12-month low of $262.75 and a 12-month high of $416.69. The firm has a market cap of $88.09 billion, a price-to-earnings ratio of 63.59, a PEG ratio of 3.49 and a beta of 1.13. The company has a quick ratio of 1.53, a current ratio of 1.74 and a debt-to-equity ratio of 0.36.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings data on Monday, July 27th. The software maker reported $2.11 EPS for the quarter, topping the consensus estimate of $2.05 by $0.06. Cadence Design Systems had a return on equity of 27.98% and a net margin of 23.60%. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the business earned $1.65 earnings per share. The company’s quarterly revenue was up 24.2% on a year-over-year basis. Cadence Design Systems has set its FY 2026 guidance at 8.050-8.150 EPS and its Q3 2026 guidance at 2.010-2.070 EPS. On average, equities analysts forecast that Cadence Design Systems, Inc. will post 6.41 EPS for the current year.

Insider Buying and Selling

In other news, VP Paul Scannell sold 280 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $339.00, for a total transaction of $94,920.00. Following the completion of the sale, the vice president owned 31,720 shares of the company’s stock, valued at approximately $10,753,080. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 2,000 shares of Cadence Design Systems stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $324.13, for a total transaction of $648,260.00. Following the completion of the transaction, the vice president directly owned 119,612 shares in the company, valued at approximately $38,769,837.56. The trade was a 1.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,960 shares of company stock worth $2,834,139. 0.49% of the stock is owned by company insiders.

About Cadence Design Systems

Cadence Design Systems, Inc develops computational software, hardware, and semiconductor intellectual property used to design and verify electronic systems and integrated circuits. Its electronic design automation (EDA) solutions support chip development across areas such as digital and custom IC design, functional verification, emulation, prototyping, and system analysis.

The company also provides semiconductor IP, including processor cores, interconnect technologies, memory interfaces, and other building blocks that help customers develop complex chips.