Sumitomo Mitsui Trust Group Inc. Sells 14,965 Shares of Synopsys, Inc. $SNPS

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Synopsys by 1.5%, selling 14,965 shares and now holds 976,922 shares (about 0.51% of the company) valued at roughly $458.9 million.
• Synopsys beat Q4 estimates with EPS $3.77 vs. $3.56 expected and revenue of $2.41 billion (up 65.6% year‑over‑year), and set FY2026 EPS guidance of 14.380–14.460 and Q2 guidance of 3.110–3.170.
• The stock trades at a market cap of about $75.14 billion with a P/E of 60.9, a 12‑month range of $376.18–$651.73, and a MarketBeat consensus rating of "Hold" with a $531 price target.

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 976,922 shares of the semiconductor company's stock after selling 14,965 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.51% of Synopsys worth $458,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SNPS. Alpine Bank Wealth Management increased its holdings in shares of Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. TFC Financial Management Inc. increased its holdings in shares of Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of Synopsys during the third quarter valued at approximately $27,000. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys during the third quarter valued at approximately $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Synopsys during the fourth quarter valued at approximately $28,000. Institutional investors own 85.47% of the company's stock.

Synopsys Stock Down 3.1%

Shares of NASDAQ:SNPS opened at $392.24 on Friday. The stock has a market cap of $75.14 billion, a price-to-earnings ratio of 60.91, a PEG ratio of 3.20 and a beta of 1.15. The company has a quick ratio of 1.26, a current ratio of 1.36 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. The business's 50 day moving average is $421.60 and its 200 day moving average is $447.02.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.21. The company had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.Synopsys's quarterly revenue was up 65.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.03 earnings per share. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, sell-side analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of the business's stock in a transaction on Monday, January 12th. The stock was 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 of the company's stock, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.56% of the company's stock.

Wall Street Analysts Forecast Growth

SNPS has been the subject of several recent research reports. Rosenblatt Securities decreased their price objective on Synopsys from $560.00 to $530.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Morgan Stanley reaffirmed an "equal weight" rating and set a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. HSBC cut Synopsys from a "buy" rating to a "hold" rating and set a $455.00 target price on the stock. in a research report on Friday, February 20th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a "buy" rating in a research report on Wednesday, February 25th. Finally, Needham & Company LLC reaffirmed a "buy" rating on shares of Synopsys in a research report on Thursday, February 26th. Eight 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. Based on data from MarketBeat.com, Synopsys has a consensus rating of "Hold" and a consensus price target of $531.00.

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.

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