TD Asset Management Inc Decreases Holdings in Synopsys, Inc. $SNPS

TD Asset Management Inc lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 137,275 shares of the semiconductor company’s stock after selling 8,025 shares during the period. TD Asset Management Inc’s holdings in Synopsys were worth $64,481,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SNPS. Vanguard Group Inc. increased its stake in shares of Synopsys by 20.7% in the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after purchasing an additional 3,120,401 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Synopsys by 238.8% in the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after purchasing an additional 1,990,608 shares in the last quarter. Coatue Management LLC purchased a new position in shares of Synopsys in the third quarter worth about $892,605,000. Capital Research Global Investors increased its stake in shares of Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after purchasing an additional 1,751,432 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Synopsys in the fourth quarter worth about $730,197,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Upgrades and Downgrades

SNPS has been the subject of several recent research reports. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research note on Friday, February 20th. Finally, Berenberg Bank set a $633.00 price objective on shares of Synopsys in a research note on Wednesday, May 27th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Synopsys presently has a consensus rating of “Hold” and an average price target of $563.81.

Synopsys Trading Down 6.0%

Shares of Synopsys stock opened at $464.85 on Friday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The firm has a market cap of $89.01 billion, a PE ratio of 107.60, a PEG ratio of 3.01 and a beta of 1.22. 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 company has a 50 day simple moving average of $466.55 and a two-hundred day simple moving average of $457.80.

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, beating 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 business 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 posted $3.67 earnings per share. Synopsys’s revenue for the quarter 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. Analysts expect that Synopsys, Inc. will post 10.28 earnings per share for the current fiscal year.

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.