Welch & Forbes LLC Acquires 17,481 Shares of Synopsys, Inc. $SNPS

Welch & Forbes LLC grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 96.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 35,556 shares of the semiconductor company’s stock after acquiring an additional 17,481 shares during the period. Welch & Forbes LLC’s holdings in Synopsys were worth $16,701,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Impact Partnership Wealth LLC bought a new position in shares of Synopsys during the fourth quarter valued at $291,000. Norges Bank bought a new position in shares of Synopsys during the fourth quarter valued at $730,197,000. Amica Mutual Insurance Co. raised its stake in shares of Synopsys by 31.8% during the fourth quarter. Amica Mutual Insurance Co. now owns 8,172 shares of the semiconductor company’s stock valued at $3,839,000 after acquiring an additional 1,970 shares during the last quarter. Zweig DiMenna Associates LLC bought a new position in shares of Synopsys during the fourth quarter valued at $10,804,000. Finally, Eurizon Capital SGR S.p.A. bought a new position in shares of Synopsys during the fourth quarter valued at $15,662,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $475.62 on Friday. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The firm has a fifty day simple moving average of $459.53 and a 200 day simple moving average of $454.45. The company has a market capitalization of $91.07 billion, a PE ratio of 110.10, a P/E/G ratio of 3.90 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the previous year, the firm posted $3.67 earnings per share. The business’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, sell-side analysts forecast that Synopsys, Inc. will post 10.28 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research note on Thursday. 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. Piper Sandler lifted their target price on shares of Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Thursday. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Finally, Stifel Nicolaus lifted their target price on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $563.81.

Check Out Our Latest Stock Analysis on Synopsys

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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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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