TIAA Trust National Association Decreases Stock Holdings in Synopsys, Inc. $SNPS

TIAA Trust National Association decreased its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 88.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,630 shares of the semiconductor company’s stock after selling 37,072 shares during the period. TIAA Trust National Association’s holdings in Synopsys were worth $2,175,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Sowell Financial Services LLC raised its position in Synopsys by 2.0% in the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock worth $496,000 after buying an additional 21 shares during the last quarter. Natural Investments LLC raised its position in Synopsys by 4.6% in the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock worth $226,000 after buying an additional 21 shares during the last quarter. Financial Management Professionals Inc. raised its position in Synopsys by 7.0% in the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock worth $157,000 after buying an additional 22 shares during the last quarter. Foronjy Financial LLC raised its position in Synopsys by 5.2% in the 4th quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after buying an additional 22 shares during the last quarter. Finally, Barden Capital Management Inc. raised its position in Synopsys by 1.2% in the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock worth $877,000 after buying an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Piper Sandler boosted their target price on Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Rosenblatt Securities upped their price target on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Robert W. Baird set a $558.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Synopsys in a research report on Monday. Finally, HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research report on Friday, February 20th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $563.81.

Synopsys Stock Down 1.0%

NASDAQ SNPS opened at $460.54 on Thursday. The stock’s 50-day moving average price is $471.23 and its 200-day moving average price is $459.99. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a market capitalization of $88.18 billion, a P/E ratio of 106.61, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter last year, the business earned $3.67 EPS. The firm’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, equities research analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Synopsys 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.