Danica Pension Livsforsikringsaktieselskab Purchases New Shares in Synopsys, Inc. $SNPS

Danica Pension Livsforsikringsaktieselskab purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the fourth quarter, Holdings Channel.com reports. The firm purchased 3,280 shares of the semiconductor company’s stock, valued at approximately $1,541,000.

A number of other institutional investors have also made changes to their positions in SNPS. Stanley Laman Group Ltd. increased its position in shares of Synopsys by 542.9% in the third quarter. Stanley Laman Group Ltd. now owns 12,877 shares of the semiconductor company’s stock worth $6,353,000 after purchasing an additional 10,874 shares during the last quarter. Empirical Asset Management LLC bought a new position in shares of Synopsys in the third quarter worth approximately $773,000. Strategic Advisors LLC increased its position in shares of Synopsys by 76.3% in the third quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock worth $3,739,000 after purchasing an additional 3,279 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its position in shares of Synopsys by 31.8% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock worth $6,957,000 after purchasing an additional 3,575 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Synopsys by 24.8% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,970 shares of the semiconductor company’s stock worth $11,827,000 after purchasing an additional 4,759 shares during the last quarter. 85.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SNPS. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Needham & Company LLC restated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Piper Sandler decreased their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company decreased their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $531.00.

Synopsys Stock Up 0.3%

Shares of SNPS opened at $482.60 on Friday. The firm has a market cap of $92.45 billion, a P/E ratio of 74.94, a P/E/G ratio of 3.93 and a beta of 1.15. The stock has a 50 day simple moving average of $430.07 and a two-hundred day simple moving average of $445.72. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.Synopsys’s revenue for the quarter was up 65.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.03 earnings per share. 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, analysts forecast that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal 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.