Bank of New York Mellon Corp Grows Stock Holdings in Synopsys, Inc. $SNPS

Bank of New York Mellon Corp increased its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,556,056 shares of the semiconductor company’s stock after buying an additional 41,184 shares during the period. Bank of New York Mellon Corp’s holdings in Synopsys were worth $730,911,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SNPS. Vanguard Group Inc. boosted its holdings in Synopsys by 20.7% during the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after buying an additional 3,120,401 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after buying an additional 1,990,608 shares in the last quarter. Coatue Management LLC purchased a new stake in Synopsys during the third quarter worth about $892,605,000. Capital Research Global Investors raised its stake in shares of Synopsys by 226.6% during 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 buying an additional 1,751,432 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Synopsys during the 4th quarter worth $730,197,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Trading Down 2.0%

Shares of SNPS stock opened at $498.02 on Thursday. The firm has a 50-day moving average price of $463.88 and a 200 day moving average price of $457.02. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The company has a market capitalization of $95.36 billion, a price-to-earnings ratio of 115.28, a PEG ratio of 3.10 and a beta of 1.22. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the company posted $3.67 EPS. The firm’s revenue for the quarter was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts forecast that Synopsys, Inc. will post 10.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SNPS. KeyCorp reaffirmed an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. HSBC downgraded 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. BNP Paribas Exane lifted their price target on Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. Bank of America lifted their price target on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Citigroup lifted their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $563.81.

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.