Van ECK Associates Corp Has $1.22 Billion Stock Position in Synopsys, Inc. $SNPS

Van ECK Associates Corp increased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 17.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,593,619 shares of the semiconductor company’s stock after buying an additional 376,711 shares during the quarter. Synopsys accounts for about 1.0% of Van ECK Associates Corp’s holdings, making the stock its 24th biggest holding. Van ECK Associates Corp owned approximately 1.36% of Synopsys worth $1,218,275,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Synopsys during the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Synopsys during the fourth quarter valued at approximately $28,000. Oakworth Capital Inc. grew its holdings in shares of Synopsys by 3,700.0% in the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 74 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Synopsys during the third quarter valued at approximately $38,000. Finally, WealthCollab LLC increased 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 acquiring an additional 41 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.

Synopsys Stock Down 0.5%

SNPS stock opened at $453.89 on Friday. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73. The business has a fifty day moving average price of $473.57 and a 200-day moving average price of $460.43. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The stock has a market capitalization of $86.91 billion, a P/E ratio of 105.07, a P/E/G ratio of 2.68 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the business earned $3.67 earnings per share. 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. Equities analysts forecast that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on SNPS shares. HSBC cut Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research report on Friday, February 20th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. KeyCorp restated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Stifel Nicolaus lifted their price objective on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Rosenblatt Securities lifted their price target on Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.