Clearbridge Investments LLC lowered its position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,203,804 shares of the semiconductor company’s stock after selling 154,614 shares during the period. Clearbridge Investments LLC owned 0.63% of Synopsys worth $565,451,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cookson Peirce & Co. Inc. acquired a new position in shares of Synopsys during the fourth quarter worth $3,751,000. Havemeyer Place LP acquired a new position in shares of Synopsys during the fourth quarter worth $2,721,000. 111 Capital acquired a new position in shares of Synopsys during the fourth quarter worth $1,590,000. MCF Advisors LLC grew its stake in shares of Synopsys by 17.8% during the fourth quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 26 shares in the last quarter. Finally, Pinebridge Investments LLC acquired a new position in shares of Synopsys during the fourth quarter worth $121,583,000. Institutional investors and hedge funds own 85.47% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Bank of America upped their price objective on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. BNP Paribas Exane upped their price objective on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a research note on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $563.81.
Synopsys Trading Down 6.0%
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 quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $89.01 billion, a P/E ratio of 107.60, a P/E/G ratio of 2.83 and a beta of 1.22. The firm has a 50-day moving average price of $466.55 and a 200 day moving average price of $457.80.
Synopsys (NASDAQ:SNPS – Get Free Report) last announced its 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 firm had revenue of $2.28 billion for the quarter, compared to analyst estimates 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 last year, the business earned $3.67 earnings per share. 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 research analysts expect that Synopsys, Inc. will post 10.74 EPS for the current year.
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.
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