Synopsys, Inc. $SNPS Stake Reduced by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH reduced its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 28.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 27,724 shares of the semiconductor company’s stock after selling 11,043 shares during the period. Synopsys makes up about 2.2% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 22nd largest holding. North Point Portfolio Managers Corp OH’s holdings in Synopsys were worth $13,022,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC boosted its position in Synopsys by 58.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,230 shares of the semiconductor company’s stock worth $578,000 after acquiring an additional 453 shares during the period. KLP Kapitalforvaltning AS boosted its position in Synopsys by 0.5% during the 4th quarter. KLP Kapitalforvaltning AS now owns 70,516 shares of the semiconductor company’s stock worth $33,123,000 after acquiring an additional 370 shares during the period. M&T Bank Corp boosted its position in Synopsys by 76.1% during the 4th quarter. M&T Bank Corp now owns 24,552 shares of the semiconductor company’s stock worth $11,533,000 after acquiring an additional 10,612 shares during the period. Caliber Wealth Management LLC KS boosted its position in Synopsys by 4.3% during the 4th quarter. Caliber Wealth Management LLC KS now owns 3,161 shares of the semiconductor company’s stock worth $1,485,000 after acquiring an additional 131 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its position in Synopsys by 9.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 511 shares of the semiconductor company’s stock worth $240,000 after acquiring an additional 42 shares during the period. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Morgan Stanley reiterated an “equal weight” rating and set a $480.00 price target (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Piper Sandler cut their price objective on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Rosenblatt Securities cut their price objective on Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $531.00.

Synopsys Trading Up 2.1%

Shares of Synopsys stock opened at $477.26 on Thursday. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The firm has a market cap of $91.42 billion, a price-to-earnings ratio of 74.11, a price-to-earnings-growth ratio of 3.82 and a beta of 1.15. The business has a fifty day simple moving average of $424.08 and a 200-day simple moving average of $445.09. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same quarter in the prior year, the firm posted $3.03 earnings per share. The company’s revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, equities analysts forecast that Synopsys, Inc. will post 10.3 EPS for the current fiscal 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.