ING Groep NV Has $901,000 Stake in Synopsys, Inc. $SNPS

ING Groep NV reduced its holdings in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 82.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,919 shares of the semiconductor company’s stock after selling 9,316 shares during the period. ING Groep NV’s holdings in Synopsys were worth $901,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Cookson Peirce & Co. Inc. acquired a new stake in Synopsys during the fourth quarter worth approximately $3,751,000. Havemeyer Place LP acquired a new position in Synopsys in the fourth quarter valued at approximately $2,721,000. 111 Capital bought a new position in shares of Synopsys during the 4th quarter worth approximately $1,590,000. MCF Advisors LLC boosted its holdings in shares of Synopsys by 17.8% during the 4th quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company’s stock worth $81,000 after buying an additional 26 shares in the last quarter. Finally, Pinebridge Investments LLC acquired a new stake in shares of Synopsys during the 4th quarter worth approximately $121,583,000. 85.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on SNPS shares. HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research note on Friday, February 20th. BNP Paribas Exane raised their price target on shares of Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a report on Thursday, May 28th. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a report on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and set a $580.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. Finally, Citigroup raised their target price on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Nine research 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.com, Synopsys currently has an average rating of “Hold” and an average price target of $563.81.

Check Out Our Latest Analysis on SNPS

Synopsys Price Performance

Shares of SNPS opened at $460.54 on Thursday. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The business’s fifty day moving average is $471.23 and its 200 day moving average is $459.99. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The stock has a market cap of $88.18 billion, a P/E ratio of 106.61, a P/E/G ratio of 2.73 and a beta of 1.22.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the previous year, the business posted $3.67 EPS. Synopsys’s quarterly revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Sell-side analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

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

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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