Sumitomo Mitsui Trust Group Inc. Boosts Stock Holdings in Synopsys, Inc. $SNPS

Sumitomo Mitsui Trust Group Inc. raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 20.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 991,887 shares of the semiconductor company’s stock after purchasing an additional 168,309 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.53% of Synopsys worth $489,387,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Alpine Bank Wealth Management lifted its stake in Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. lifted its position in Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after buying an additional 50 shares in the last quarter. Independence Bank of Kentucky boosted its stake in Synopsys by 120.0% during the second quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after buying an additional 30 shares during the last quarter. SOA Wealth Advisors LLC. purchased a new stake in Synopsys in the 3rd quarter valued at $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys in the 3rd quarter worth $29,000. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SNPS has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. KeyCorp lifted their target price on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. BNP Paribas initiated coverage on Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 price target for the company. Zacks Research raised shares of Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $562.13.

Synopsys Price Performance

Shares of SNPS opened at $525.18 on Monday. The company has a market cap of $100.48 billion, a P/E ratio of 65.73, a PEG ratio of 4.37 and a beta of 1.12. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The firm’s 50 day moving average price is $445.06 and its 200 day moving average price is $504.69.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.79 by $0.11. The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The company’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.40 earnings per share. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. On average, research analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insider Transactions at Synopsys

In related news, insider Janet Lee sold 250 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $510.00, for a total value of $127,500.00. Following the sale, the insider owned 12,209 shares of the company’s stock, valued at $6,226,590. This trade represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This trade represents a 17.01% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is owned by company insiders.

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.