Swedbank AB Cuts Stock Position in Synopsys, Inc. $SNPS

Swedbank AB lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 28.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,166 shares of the semiconductor company’s stock after selling 429,089 shares during the quarter. Swedbank AB’s holdings in Synopsys were worth $504,088,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Synopsys by 11.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,445,653 shares of the semiconductor company’s stock worth $694,521,000 after purchasing an additional 144,425 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Synopsys by 282.2% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 201,131 shares of the semiconductor company’s stock worth $94,475,000 after acquiring an additional 148,507 shares in the last quarter. Foronjy Financial LLC raised its position in Synopsys by 5.2% in the fourth quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after acquiring an additional 22 shares in the last quarter. Headinvest LLC raised its position in Synopsys by 68.2% in the fourth quarter. Headinvest LLC now owns 1,428 shares of the semiconductor company’s stock worth $671,000 after acquiring an additional 579 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co raised its position in Synopsys by 20.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 36,815 shares of the semiconductor company’s stock worth $17,293,000 after acquiring an additional 6,250 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Stock Performance

Shares of NASDAQ:SNPS opened at $502.51 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The business’s 50-day simple moving average is $431.32 and its 200 day simple moving average is $446.18. The company has a market cap of $96.26 billion, a P/E ratio of 78.03, a PEG ratio of 4.06 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data 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. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the previous year, the business earned $3.03 EPS. Synopsys’s revenue for the quarter was up 65.6% compared to the same quarter last year. 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, sell-side analysts forecast that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on SNPS shares. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research note on Friday, February 20th. Wells Fargo & Company cut their target price on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Piper Sandler reduced their price objective on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $480.00 price objective (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $531.00.

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.