Synopsys, Inc. $SNPS Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 26.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 304,694 shares of the semiconductor company’s stock after selling 108,072 shares during the quarter. Principal Financial Group Inc.’s holdings in Synopsys were worth $143,121,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Headinvest LLC lifted its holdings in Synopsys by 68.2% during the 4th quarter. Headinvest LLC now owns 1,428 shares of the semiconductor company’s stock worth $671,000 after buying an additional 579 shares in the last quarter. Varma Mutual Pension Insurance Co raised its stake in shares of Synopsys by 20.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 36,815 shares of the semiconductor company’s stock valued at $17,293,000 after acquiring an additional 6,250 shares in the last quarter. Truist Financial Corp boosted its holdings in Synopsys by 80.4% in the fourth quarter. Truist Financial Corp now owns 45,044 shares of the semiconductor company’s stock valued at $21,158,000 after purchasing an additional 20,072 shares during the period. Bellecapital International Ltd. grew its stake in Synopsys by 1,477.8% during the 4th quarter. Bellecapital International Ltd. now owns 35,563 shares of the semiconductor company’s stock worth $16,705,000 after purchasing an additional 33,309 shares in the last quarter. Finally, Montag A & Associates Inc. increased its holdings in Synopsys by 3.8% during the 4th quarter. Montag A & Associates Inc. now owns 3,239 shares of the semiconductor company’s stock worth $1,521,000 after purchasing an additional 118 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SNPS has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Piper Sandler lowered their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a report on Friday, February 20th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company decreased their price target on Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. 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. According to MarketBeat, Synopsys has an average rating of “Hold” and a consensus price target of $531.00.

Synopsys Trading Up 0.4%

NASDAQ SNPS opened at $504.42 on Thursday. The firm’s fifty day moving average price is $433.00 and its 200 day moving average price is $446.63. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The company has a market capitalization of $96.63 billion, a price-to-earnings ratio of 78.33, a price-to-earnings-growth ratio of 4.11 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. Synopsys’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period in the previous year, the company 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, sell-side analysts expect that Synopsys, Inc. will post 10.3 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.