Bank of New York Mellon Corp Has $747.42 Million Position in Synopsys, Inc. $SNPS

Bank of New York Mellon Corp increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 12.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,514,872 shares of the semiconductor company’s stock after acquiring an additional 166,985 shares during the quarter. Bank of New York Mellon Corp’s holdings in Synopsys were worth $747,422,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SNPS. Norges Bank bought a new stake in Synopsys in the second quarter worth approximately $647,964,000. Ameriprise Financial Inc. increased its stake in Synopsys by 29.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after purchasing an additional 585,494 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Synopsys by 177.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 865,987 shares of the semiconductor company’s stock worth $427,269,000 after acquiring an additional 553,924 shares in the last quarter. Ninety One UK Ltd purchased a new stake in shares of Synopsys in the third quarter worth approximately $249,851,000. Finally, Aspex Management HK Ltd raised its position in Synopsys by 106.0% in the 2nd quarter. Aspex Management HK Ltd now owns 645,895 shares of the semiconductor company’s stock valued at $331,137,000 after buying an additional 332,364 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the subject of several analyst reports. Piper Sandler lowered shares of Synopsys from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $602.00 to $520.00 in a research note on Tuesday, January 13th. Bank of America upgraded Synopsys from an “underperform” rating to a “neutral” rating and cut their price target for the stock from $525.00 to $500.00 in a research note on Monday, December 8th. Needham & Company LLC raised their price objective on shares of Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Wall Street Zen upgraded Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Nine research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Synopsys Price Performance

SNPS stock opened at $511.35 on Thursday. The firm’s fifty day moving average is $474.11 and its 200 day moving average is $502.83. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. The firm has a market cap of $97.83 billion, a P/E ratio of 64.00, a P/E/G ratio of 4.18 and a beta of 1.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.Synopsys’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.40 EPS. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider owned 11,959 shares in the company, valued at approximately $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares in the company, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 4,157 shares of company stock worth $1,945,036. Insiders own 0.62% of the company’s stock.

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.