Arizona State Retirement System Cuts Stock Holdings in Synopsys, Inc. $SNPS

Arizona State Retirement System decreased its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,297 shares of the semiconductor company’s stock after selling 1,847 shares during the period. Arizona State Retirement System’s holdings in Synopsys were worth $24,565,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC lifted its holdings in Synopsys by 128.6% during the 4th quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 45 shares in the last quarter. Diversified Enterprises LLC purchased a new stake in shares of Synopsys during the 4th quarter valued at $710,000. Chicago Partners Investment Group LLC raised its stake in shares of Synopsys by 13.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,119 shares of the semiconductor company’s stock worth $561,000 after acquiring an additional 130 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of Synopsys during the fourth quarter worth approximately $554,000. Finally, Turtle Creek Wealth Advisors LLC raised its stake in shares of Synopsys by 52.3% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 2,240 shares of the semiconductor company’s stock worth $1,052,000 after acquiring an additional 769 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SNPS shares. Wells Fargo & Company reduced their target price on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Morgan Stanley reiterated an “equal weight” rating and set a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Piper Sandler reduced their target price on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a report on Thursday, February 26th. Rosenblatt Securities cut their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Needham & Company LLC restated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Eight investment 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 MarketBeat, Synopsys presently has an average rating of “Hold” and an average price target of $531.00.

Synopsys Stock Performance

Shares of SNPS stock opened at $456.85 on Friday. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The company’s 50-day moving average is $424.75 and its 200 day moving average is $445.17. The company has a market capitalization of $87.51 billion, a price-to-earnings ratio of 70.94, a price-to-earnings-growth ratio of 3.90 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 (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the firm posted $3.03 EPS. Synopsys’s revenue for the quarter 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. Sell-side analysts expect that Synopsys, Inc. will post 10.3 EPS 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.