Schwartz Investment Counsel Inc. Decreases Stake in Synopsys, Inc. $SNPS

Schwartz Investment Counsel Inc. reduced its stake in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 63.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,892 shares of the semiconductor company’s stock after selling 23,793 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Synopsys were worth $6,525,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Millstone Evans Group LLC purchased a new stake in Synopsys during the 3rd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Synopsys in the fourth quarter worth about $28,000. Oakworth Capital Inc. lifted its holdings in shares of Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 74 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Synopsys during the third quarter worth about $38,000. Finally, N.E.W. Advisory Services LLC boosted its position in Synopsys by 128.6% in the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 45 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Trading Down 0.6%

Shares of Synopsys stock opened at $513.21 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. The company has a market cap of $98.31 billion, a P/E ratio of 79.69, a price-to-earnings-growth ratio of 4.22 and a beta of 1.25. The firm has a 50-day simple moving average of $439.42 and a two-hundred day simple moving average of $448.30. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The firm had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter last year, the company earned $3.03 EPS. The firm’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. As a group, equities analysts predict that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on SNPS shares. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. HSBC downgraded shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research report on Friday, February 20th. Morgan Stanley reissued an “equal weight” rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Piper Sandler decreased their price target on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Rosenblatt Securities decreased their price target on Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys currently has a consensus rating of “Hold” and an average price target of $531.00.

Get Our Latest Analysis on SNPS

Synopsys Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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