Thrivent Financial for Lutherans Grows Position in Synopsys, Inc. $SNPS

Thrivent Financial for Lutherans raised its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 134.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,367 shares of the semiconductor company’s stock after purchasing an additional 19,678 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Synopsys were worth $16,146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Millstone Evans Group LLC purchased a new position in Synopsys in the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Synopsys during the fourth quarter valued at about $28,000. Oakworth Capital Inc. raised its position in Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 74 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Synopsys during the third quarter worth about $38,000. Finally, WealthCollab LLC boosted its holdings in shares of Synopsys by 110.8% in the 3rd quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 41 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on SNPS. Morgan Stanley restated an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Wells Fargo & Company lifted their price target on shares of Synopsys from $450.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 14th. Rosenblatt Securities lowered their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Synopsys has an average rating of “Hold” and a consensus price target of $536.00.

Synopsys Price Performance

SNPS opened at $498.43 on Tuesday. 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 stock has a market capitalization of $95.48 billion, a PE ratio of 77.40, a price-to-earnings-growth ratio of 4.10 and a beta of 1.25. The stock’s 50 day moving average price is $445.38 and its 200-day moving average price is $449.55. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73.

Synopsys (NASDAQ:SNPS) last announced its 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 for the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.03 EPS. 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, equities research analysts predict that Synopsys, Inc. will post 10.3 EPS for the current year.

Synopsys Company 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.