Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 9,278 Shares of Synopsys, Inc. $SNPS

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.1% during the 4th quarter, HoldingsChannel reports. The fund owned 294,462 shares of the semiconductor company’s stock after selling 9,278 shares during the quarter. Synopsys makes up 1.3% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s investment portfolio, making the stock its 24th biggest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Synopsys were worth $148,026,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Alpine Bank Wealth Management boosted its position in Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the period. TFC Financial Management Inc. grew its position in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new position in Synopsys in the 3rd quarter worth approximately $27,000. SOA Wealth Advisors LLC. purchased a new position in Synopsys in the 3rd quarter worth approximately $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Synopsys in the fourth quarter valued at approximately $28,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys Price Performance

Shares of Synopsys stock opened at $477.26 on Thursday. The business has a 50 day moving average of $424.08 and a 200 day moving average of $445.09. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a market cap of $91.42 billion, a PE ratio of 74.11, a P/E/G ratio of 3.82 and a beta of 1.15. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter in the previous year, the business posted $3.03 earnings per share. 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 research analysts forecast that Synopsys, Inc. will post 10.3 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Rosenblatt Securities cut their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Piper Sandler dropped their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a report on Friday, February 20th. Wells Fargo & Company lowered their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Synopsys currently has a consensus rating of “Hold” and a consensus price target of $531.00.

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.