Havemeyer Place LP purchased a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,792 shares of the semiconductor company’s stock, valued at approximately $2,721,000. Synopsys accounts for approximately 0.5% of Havemeyer Place LP’s portfolio, making the stock its 28th largest position.
A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Synopsys by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after acquiring an additional 283,677 shares during the period. State Street Corp lifted its position in Synopsys by 20.6% during the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after acquiring an additional 1,493,912 shares during the period. Geode Capital Management LLC lifted its position in Synopsys by 1.3% during the 4th 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 period. Victory Capital Management Inc. lifted its position in Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after acquiring an additional 1,990,608 shares during the period. Finally, Capital Research Global Investors lifted its position in Synopsys by 226.6% during the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after acquiring an additional 1,751,432 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
SNPS has been the subject of a number of recent research reports. Wells Fargo & Company lifted their price target on shares of Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the company a “buy” rating in a research report on Wednesday, February 25th. Berenberg Bank set a $633.00 target price on shares of Synopsys in a report on Wednesday, May 27th. 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 report on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Synopsys currently has a consensus rating of “Hold” and a consensus target price of $563.81.
Synopsys Stock Down 6.0%
Shares of Synopsys stock opened at $464.85 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The stock has a market capitalization of $89.01 billion, a PE ratio of 107.60, a price-to-earnings-growth ratio of 2.83 and a beta of 1.22. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The company has a 50-day simple moving average of $466.55 and a two-hundred day simple moving average of $457.80.
Synopsys (NASDAQ:SNPS – Get Free Report) 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 during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, analysts anticipate that Synopsys, Inc. will post 10.74 EPS for the current fiscal year.
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.
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