Teacher Retirement System of Texas Purchases 4,808 Shares of Synopsys, Inc. $SNPS

Key Points

• Teacher Retirement System of Texas increased its stake in Synopsys by 16.8%, purchasing 4,808 shares to hold 33,413 shares worth about $15.695 million.
• Synopsys beat expectations with Q earnings of $3.77/share versus $3.56 expected and revenue of $2.41 billion (up 65.6% year‑over‑year), and issued FY2026 EPS guidance of 14.380–14.460.
• Shares opened at $500.82 after a 9.6% jump, the company has a market cap of roughly $95.94 billion, and analysts' consensus is a Hold with an average price target of $531.00.

Teacher Retirement System of Texas lifted its position in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 33,413 shares of the semiconductor company's stock after purchasing an additional 4,808 shares during the quarter. Teacher Retirement System of Texas' holdings in Synopsys were worth $15,695,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SNPS. Brighton Jones LLC grew its holdings in shares of Synopsys by 5.7% in the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company's stock worth $447,000 after purchasing an additional 50 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Synopsys by 11.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company's stock worth $326,000 after purchasing an additional 79 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Synopsys by 15.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company's stock worth $1,291,000 after purchasing an additional 395 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of Synopsys by 9.2% in the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company's stock worth $389,000 after purchasing an additional 64 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in shares of Synopsys by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company's stock worth $36,962,000 after purchasing an additional 1,505 shares during the last quarter. Institutional investors own 85.47% of the company's stock.

Synopsys Stock Up 9.6%

Shares of NASDAQ SNPS opened at $500.82 on Friday. The firm's 50-day simple moving average is $426.02 and its 200 day simple moving average is $445.33. The company has a market cap of $95.94 billion, a price-to-earnings ratio of 77.77, a price-to-earnings-growth ratio of 3.73 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.

Synopsys (NASDAQ:SNPS - Get Free Report) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the company posted $3.03 EPS. The company's revenue was up 65.6% compared to the same quarter last year. 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, research analysts expect that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on SNPS shares. Needham & Company LLC reiterated a "buy" rating on shares of Synopsys in a research report on Thursday, February 26th. Morgan Stanley reiterated an "equal weight" rating and set a $480.00 price target (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Piper Sandler reduced their price target on shares of Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company reduced their price target on shares of Synopsys from $500.00 to $450.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Synopsys in a research report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Synopsys has an average rating of "Hold" and an average price target of $531.00.

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.

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