Synopsys, Inc. $SNPS Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,287 shares of the semiconductor company’s stock after selling 1,365 shares during the quarter. New York State Teachers Retirement System owned 0.07% of Synopsys worth $67,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Laurel Wealth Advisors LLC purchased a new position in Synopsys during the fourth quarter valued at $52,000. Wendell David Associates Inc. lifted its stake in Synopsys by 81.0% in the 4th quarter. Wendell David Associates Inc. now owns 4,774 shares of the semiconductor company’s stock valued at $2,242,000 after buying an additional 2,136 shares in the last quarter. Bogart Wealth LLC lifted its stake in Synopsys by 11.8% in the 4th quarter. Bogart Wealth LLC now owns 15,421 shares of the semiconductor company’s stock valued at $7,244,000 after buying an additional 1,627 shares in the last quarter. Simplicity Wealth LLC purchased a new stake in Synopsys during the 4th quarter worth approximately $210,000. Finally, Oakworth Capital Inc. raised its holdings in shares of 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 acquiring an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Piper Sandler dropped their price target on 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 research report on Friday, February 20th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the stock a “buy” rating in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Finally, Rosenblatt Securities cut their price target on Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Synopsys currently has a consensus rating of “Hold” and an average price target of $531.00.

Synopsys Stock Up 0.3%

Synopsys stock opened at $482.60 on Friday. The company has a market capitalization of $92.45 billion, a PE ratio of 74.94, a price-to-earnings-growth ratio of 3.93 and a beta of 1.15. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The firm has a 50 day moving average price of $430.07 and a 200 day moving average price of $445.72.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS 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 business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same period last year, the business posted $3.03 earnings per share. The company’s quarterly revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Research analysts expect that Synopsys, Inc. will post 10.3 earnings per share for the current year.

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.