Varma Mutual Pension Insurance Co Increases Holdings in Synopsys, Inc. $SNPS

Key Points

• Varma Mutual Pension Insurance Co increased its stake in Synopsys by 20.4% to 36,815 shares (worth about $17.3 million), while other institutions also added positions, leaving roughly 85.5% of the stock owned by hedge funds and institutional investors.
• Synopsys posted an earnings beat (EPS $3.77 vs. $3.56 est.) and revenue of $2.41 billion (up 65.6% year‑over‑year) and provided FY2026 EPS guidance of $14.38–$14.46.
• Analysts are mixed: the consensus rating is "Hold" with an average price target of $531, amid several recent price‑target cuts and a range of buy/hold/sell opinions.

Varma Mutual Pension Insurance Co grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 20.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,815 shares of the semiconductor company's stock after buying an additional 6,250 shares during the period. Varma Mutual Pension Insurance Co's holdings in Synopsys were worth $17,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SNPS. Truist Financial Corp increased its position in Synopsys by 80.4% in the 4th quarter. Truist Financial Corp now owns 45,044 shares of the semiconductor company's stock valued at $21,158,000 after acquiring an additional 20,072 shares during the period. Bellecapital International Ltd. increased its position in Synopsys by 1,477.8% in the 4th quarter. Bellecapital International Ltd. now owns 35,563 shares of the semiconductor company's stock valued at $16,705,000 after acquiring an additional 33,309 shares during the period. Montag A & Associates Inc. increased its position in Synopsys by 3.8% in the 4th quarter. Montag A & Associates Inc. now owns 3,239 shares of the semiconductor company's stock valued at $1,521,000 after acquiring an additional 118 shares during the period. PKO Investment Management Joint Stock Co increased its position in Synopsys by 30.8% in the 4th quarter. PKO Investment Management Joint Stock Co now owns 8,500 shares of the semiconductor company's stock valued at $3,993,000 after acquiring an additional 2,000 shares during the period. Finally, Addison Capital Co acquired a new position in Synopsys in the 4th quarter valued at about $670,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SNPS has been the topic of several recent research reports. Wells Fargo & Company dropped their price target on Synopsys from $500.00 to $450.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 26th. HSBC cut Synopsys from a "buy" rating to a "hold" rating and set a $455.00 price target on the stock. in a research report on Friday, February 20th. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the company a "buy" rating in a research report on Wednesday, February 25th. Weiss Ratings restated a "hold (c)" rating on shares of Synopsys in a research report on Thursday, January 22nd. Finally, Piper Sandler dropped their target price on Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research report on Thursday, February 26th. Eight investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $531.00.

Synopsys Stock Performance

SNPS opened at $497.50 on Tuesday. The stock has a market cap of $95.30 billion, a P/E ratio of 77.25, a P/E/G ratio of 3.99 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. The stock's 50 day simple moving average is $430.07 and its 200 day simple moving average is $445.71. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, beating analysts' consensus estimates of $3.56 by $0.21. The firm 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 prior year, the firm earned $3.03 EPS. 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, equities analysts anticipate that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

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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