Amica Mutual Insurance Co. grew its holdings in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 31.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,172 shares of the semiconductor company’s stock after buying an additional 1,970 shares during the quarter. Amica Mutual Insurance Co.’s holdings in Synopsys were worth $3,839,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Synopsys by 20.7% in the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after purchasing an additional 3,120,401 shares during the period. Victory Capital Management Inc. increased its holdings in Synopsys by 238.8% during 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 purchasing an additional 1,990,608 shares during the period. Coatue Management LLC acquired a new stake in Synopsys in the 3rd quarter valued at about $892,605,000. Capital Research Global Investors raised its position in Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after purchasing an additional 1,751,432 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Synopsys by 20.6% in the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after buying an additional 1,493,912 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms recently weighed in on SNPS. KeyCorp restated an “overweight” rating on shares of Synopsys in a research note on Thursday. HSBC downgraded shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research note on Friday, February 20th. Berenberg Bank set a $633.00 price target on shares of Synopsys in a report on Wednesday. Morgan Stanley raised their price objective on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Stifel Nicolaus lifted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $563.81.
Trending Headlines about Synopsys
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Synopsys said demand for AI chip design software is driving stronger business momentum, and it raised its annual forecast as a result. Synopsys raises annual forecast on demand for AI chip design software
- Positive Sentiment: The CFO highlighted that AI companies are increasingly using custom computer designs, a trend that could expand demand for Synopsys’ chip-design tools. AI Computer Design Diversity A Boon For Synopsys, Says CFO
- Positive Sentiment: Analysts raised price targets after the earnings report, signaling confidence in Synopsys’ longer-term growth outlook despite the stock’s recent weakness. Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Positive Sentiment: Synopsys also showcased new AI and multi-die design capabilities with Samsung Foundry, underscoring its role in advanced chip development. Synopsys Advances Power and Performance for AI and Multi-Die Designs on Latest Samsung Foundry Processes at SAFE Forum 2026
- Neutral Sentiment: The company beat fiscal Q2 estimates, with revenue up 41.9% year over year and EPS above expectations, but the market still sold the stock after the report. Synopsys Was the Worst S&P 500 Stock Thursday Despite Earnings Beat With AI and Merger in Focus
- Negative Sentiment: Investors appear wary about the company’s chip-IP business and the broader impact of integrating Ansys, which may be weighing on sentiment even after strong results. Synopsys slides even as Q2 results, guidance top estimates; adds activist to board
Synopsys Trading Down 1.0%
Shares of Synopsys stock opened at $475.62 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company has a fifty day simple moving average of $459.53 and a 200-day simple moving average of $454.45. The stock has a market cap of $91.07 billion, a price-to-earnings ratio of 110.10, a PEG ratio of 3.94 and a beta of 1.25. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. Synopsys’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.67 earnings per share. 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, equities analysts forecast that Synopsys, Inc. will post 10.28 EPS for the current fiscal 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.
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