Truist Financial Corp Boosts Stock Holdings in Synopsys, Inc. $SNPS

Key Points

• Truist Financial boosted its stake in Synopsys by 80.4% in Q4, acquiring an additional 20,072 shares to hold 45,044 shares worth about $21.16 million per its latest 13F filing.
• Synopsys beat expectations for the quarter with EPS of $3.77 (vs. $3.56 est.) and revenue of $2.41 billion (vs. $2.39B est.), a 65.6% year‑over‑year revenue increase, and set FY2026 EPS guidance of 14.380–14.460 (Q2 guidance 3.110–3.170).
• Analysts are split—eight Buy, eight Hold and one Sell—leaving a consensus rating of "Hold" with a consensus price target of $531.

Truist Financial Corp lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 80.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,044 shares of the semiconductor company's stock after acquiring an additional 20,072 shares during the period. Truist Financial Corp's holdings in Synopsys were worth $21,158,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SNPS. TFC Financial Management Inc. boosted its stake in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new position in shares of Synopsys in the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys during the fourth quarter valued at $28,000. McIlrath & Eck LLC bought a new position in shares of Synopsys during the third quarter valued at $29,000. Finally, North Star Investment Management Corp. purchased a new stake in shares of Synopsys during the third quarter valued at $34,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SNPS has been the subject of several research analyst reports. Rosenblatt Securities reduced 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. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the company a "buy" rating in a research note on Wednesday, February 25th. Needham & Company LLC reaffirmed a "buy" rating on shares of Synopsys in a report on Thursday, February 26th. Morgan Stanley reiterated an "equal weight" rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Synopsys in a report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Synopsys presently has an average rating of "Hold" and a consensus price target of $531.00.

Synopsys Stock Up 0.4%

Synopsys stock opened at $504.42 on Thursday. The stock has a market cap of $96.63 billion, a PE ratio of 78.33, a price-to-earnings-growth ratio of 4.11 and a beta of 1.25. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The stock has a fifty day moving average of $433.00 and a 200 day moving average of $446.63.

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, topping the consensus estimate of $3.56 by $0.21. The business 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%.The business's revenue for the quarter was up 65.6% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, sell-side analysts predict that Synopsys, Inc. will post 10.3 EPS for the current year.

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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