Synopsys, Inc. $SNPS Shares Acquired by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its position in Synopsys, Inc. (NASDAQ:SNPS) by 666.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,391 shares of the semiconductor company’s stock after acquiring an additional 6,427 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Synopsys were worth $3,472,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SNPS. Vanguard Group Inc. grew its holdings in shares of Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after acquiring an additional 3,120,401 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the period. Coatue Management LLC acquired a new stake in shares of Synopsys in the 3rd quarter worth approximately $892,605,000. Capital Research Global Investors grew its holdings in shares of Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after acquiring an additional 1,751,432 shares during the period. Finally, Norges Bank acquired a new stake in shares of Synopsys in the 4th quarter worth approximately $730,197,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. Wells Fargo & Company upped their target price on Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Berenberg Bank set a $633.00 target price on Synopsys in a research note on Wednesday, May 27th. Stifel Nicolaus upped their target price on Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Hold” and an average target price of $563.81.

Synopsys Price Performance

SNPS stock opened at $508.35 on Wednesday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The firm has a market cap of $97.34 billion, a P/E ratio of 117.67, a PEG ratio of 3.89 and a beta of 1.22. The stock’s 50 day moving average price is $460.81 and its 200 day moving average price is $455.51. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the company posted $3.67 EPS. The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, sell-side analysts expect that Synopsys, Inc. will post 10.28 earnings per share for the current fiscal 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.