Intech Investment Management LLC Has $1.21 Million Stock Position in Synopsys, Inc. $SNPS

Intech Investment Management LLC lowered its stake in Synopsys, Inc. (NASDAQ:SNPS) by 48.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,580 shares of the semiconductor company’s stock after selling 2,383 shares during the period. Intech Investment Management LLC’s holdings in Synopsys were worth $1,212,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in Synopsys in the fourth quarter valued at approximately $7,365,000. IPG Investment Advisors LLC acquired a new stake in Synopsys in the fourth quarter valued at approximately $520,000. Eaton Financial Holdings Company LLC raised its stake in shares of Synopsys by 15.4% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 935 shares of the semiconductor company’s stock valued at $439,000 after acquiring an additional 125 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Synopsys by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock valued at $2,017,256,000 after acquiring an additional 54,329 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Synopsys by 82.4% during the fourth quarter. Harbour Investments Inc. now owns 631 shares of the semiconductor company’s stock valued at $296,000 after acquiring an additional 285 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Wall Street Analysts Forecast Growth

SNPS has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 price target on shares of Synopsys in a research note on Thursday, May 28th. Rosenblatt Securities raised their price target on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. Finally, Bank of America lifted their target price on shares of Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. 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 stock. According to MarketBeat.com, Synopsys has an average rating of “Hold” and an average target price of $563.81.

Synopsys Stock Down 6.0%

Shares of NASDAQ SNPS opened at $464.85 on Friday. The firm has a market cap of $89.01 billion, a PE ratio of 107.60, a P/E/G ratio of 2.83 and a beta of 1.22. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The company’s fifty day simple moving average is $466.55 and its 200 day simple moving average is $457.80. 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 (NASDAQ:SNPS) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. Synopsys’s revenue was up 41.9% on a year-over-year basis. During the same period in the prior year, the firm earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, sell-side analysts forecast that Synopsys, Inc. will post 10.74 earnings per share 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.