Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Purchases New Shares in Synopsys, Inc. $SNPS

Key Points

• Retail Employees Superannuation Trust initiated a new position in Synopsys during the fourth quarter, buying 15,679 shares worth about $7.37 million. The stake represents roughly 2% of its portfolio and ranks as its 21st-largest holding.
• Synopsys reported a strong quarter, with EPS of $3.35 and revenue of $2.28 billion, both ahead of analyst estimates. Revenue also rose 41.9% year over year, showing continued demand for its chip design software.
• The company raised FY2026 guidance to $14.72-$14.80 EPS, and several analysts remain constructive, with multiple buy ratings and a consensus target price of $544.88. Synopsys stock was down modestly on the day despite the upbeat results.

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 15,679 shares of the semiconductor company's stock, valued at approximately $7,365,000. Synopsys accounts for approximately 2.0% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's investment portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Synopsys in the 4th quarter valued at $28,000. Oakworth Capital Inc. boosted its position in shares of Synopsys by 3,700.0% in the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 74 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Synopsys in the 3rd quarter valued at $38,000. N.E.W. Advisory Services LLC boosted its position in shares of Synopsys by 128.6% in the 4th quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 45 shares during the period. Finally, WealthCollab LLC boosted its position in shares of Synopsys by 110.8% in the 3rd quarter. WealthCollab LLC now owns 78 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 85.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SNPS. Citigroup raised their price objective on Synopsys from $580.00 to $600.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th. Morgan Stanley restated an "equal weight" rating and set a $480.00 price objective (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Needham & Company LLC restated a "buy" rating on shares of Synopsys in a research report on Thursday, February 26th. Rosenblatt Securities raised their price objective on Synopsys from $530.00 to $575.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Berenberg Bank set a $633.00 price objective on Synopsys in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Synopsys presently has an average rating of "Hold" and a consensus target price of $544.88.

Synopsys Stock Down 1.6%

Shares of Synopsys stock opened at $525.92 on Thursday. The firm has a market cap of $100.75 billion, a price-to-earnings ratio of 81.66, a P/E/G ratio of 4.38 and a beta of 1.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The stock has a 50-day simple moving average of $457.56 and a 200-day simple moving average of $453.69.

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 (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm's revenue was up 41.9% on a year-over-year basis. During the same period in the previous year, the company earned $3.67 EPS. 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 research analysts expect that Synopsys, Inc. will post 10.28 earnings per share for the current fiscal year.

Synopsys News Roundup

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys beat Q2 expectations, reporting non-GAAP EPS of $3.35 versus estimates around $3.17 and revenue of $2.276 billion versus consensus near $2.25 billion, showing continued demand for its chip design software. Reuters article
• Positive Sentiment: The company raised FY2026 guidance, now projecting EPS of $14.72 to $14.80 and revenue of roughly $9.6 billion to $9.7 billion, signaling confidence in AI-driven demand and operating momentum. Press release
• Positive Sentiment: Synopsys reached a cooperation agreement with Elliott Investment Management and added Elliott partner Jesse Cohn to its board, which could support efforts to improve margins, governance, and shareholder value. Reuters article
• Neutral Sentiment: Despite the strong report, the stock is reacting cautiously, suggesting some investors may be taking profits after a large run-up and waiting for proof that growth can hold up after the Ansys-related integration and portfolio changes.
• Negative Sentiment: The market may be weighing that Q2 EPS of $3.35 was still below the prior-year $3.67, which can temper enthusiasm even with a beat versus estimates. Zacks article

About Synopsys

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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