Bornite Capital Management LP Increases Position in Synopsys, Inc. $SNPS

Bornite Capital Management LP grew its stake in Synopsys, Inc. (NASDAQ:SNPS) by 60.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,000 shares of the semiconductor company’s stock after acquiring an additional 15,000 shares during the quarter. Synopsys comprises about 1.8% of Bornite Capital Management LP’s portfolio, making the stock its 19th biggest position. Bornite Capital Management LP’s holdings in Synopsys were worth $18,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SNPS. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys during the 4th quarter worth $28,000. Caitong International Asset Management Co. Ltd purchased a new position in Synopsys during the 4th quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new position in Synopsys during the 4th quarter worth $32,000. Oakworth Capital Inc. grew its stake in Synopsys by 3,700.0% during the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after buying an additional 74 shares during the last quarter. Finally, Greenline Wealth Management LLC purchased a new position in Synopsys during the 4th quarter worth $37,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SNPS has been the topic of several research analyst reports. Piper Sandler boosted their target price on Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Robert W. Baird set a $558.00 target price on 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 target price on the stock. in a research note on Friday, February 20th. Citigroup boosted their target price on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Synopsys in a research note on Monday, June 8th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Synopsys has a consensus rating of “Hold” and an average price target of $563.81.

Synopsys Stock Performance

Shares of NASDAQ SNPS opened at $453.89 on Friday. The company has a 50 day simple moving average of $473.57 and a two-hundred day simple moving average of $460.43. The stock has a market cap of $86.91 billion, a price-to-earnings ratio of 105.07, a PEG ratio of 2.67 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, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data 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 net margin of 8.91% and a return on equity of 5.83%. The firm 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 business earned $3.67 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current 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.