Van ECK Associates Corp Buys 376,711 Shares of Synopsys, Inc. $SNPS

Van ECK Associates Corp raised its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 17.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,593,619 shares of the semiconductor company’s stock after purchasing an additional 376,711 shares during the period. Synopsys accounts for about 1.0% of Van ECK Associates Corp’s investment portfolio, making the stock its 24th biggest holding. Van ECK Associates Corp’s holdings in Synopsys were worth $1,218,275,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SNPS. Brighton Jones LLC grew its holdings in Synopsys by 5.7% during the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after purchasing an additional 50 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Synopsys by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock worth $326,000 after buying an additional 79 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Synopsys by 15.1% in the first quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock worth $1,291,000 after buying an additional 395 shares during the period. WINTON GROUP Ltd grew its stake in Synopsys by 9.2% in the second quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock worth $389,000 after purchasing an additional 64 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in Synopsys by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock valued at $36,962,000 after acquiring an additional 1,505 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Price Performance

Shares of Synopsys stock opened at $453.89 on Friday. 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 twelve month low of $376.18 and a twelve month high of $651.73. The business has a 50-day moving average price of $473.57 and a 200 day moving average price of $460.43. The firm has a market cap of $86.91 billion, a PE ratio of 105.07, a P/E/G ratio of 2.68 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating 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 analyst estimates of $2.25 billion. During the same quarter in the previous year, the business earned $3.67 EPS. Synopsys’s revenue for the quarter 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. Sell-side analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the company. Robert W. Baird set a $558.00 target price on Synopsys in a research report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Bank of America raised their price objective on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Citigroup raised their price objective on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research note on Monday. 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average 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.