Pictet Asset Management Holding SA Decreases Position in Synopsys, Inc. $SNPS

Pictet Asset Management Holding SA cut its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 56.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,017,686 shares of the semiconductor company’s stock after selling 1,332,153 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Synopsys were worth $478,165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Alpine Bank Wealth Management raised its stake in shares of Synopsys by 89.3% during the 3rd 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 last quarter. TFC Financial Management Inc. grew its stake in Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 50 shares during the period. Millstone Evans Group LLC purchased a new position in Synopsys during the third quarter valued at $27,000. SOA Wealth Advisors LLC. purchased a new stake in shares of Synopsys during the third quarter worth about $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Synopsys during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Price Performance

Shares of SNPS opened at $500.82 on Monday. The firm has a market capitalization of $95.94 billion, a price-to-earnings ratio of 77.77, a PEG ratio of 4.09 and a beta of 1.15. The firm’s fifty day simple moving average is $426.02 and its 200-day simple moving average is $444.79. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SNPS. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research note on Friday, February 20th. Piper Sandler decreased their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Wells Fargo & Company lowered their price target on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Finally, Rosenblatt Securities cut 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. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $531.00.

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.