Fifth Third Bancorp Sells 18,381 Shares of Synopsys, Inc. $SNPS

Fifth Third Bancorp lowered its position in Synopsys, Inc. (NASDAQ:SNPS) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 161,714 shares of the semiconductor company’s stock after selling 18,381 shares during the quarter. Fifth Third Bancorp’s holdings in Synopsys were worth $75,960,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SNPS. Brighton Jones LLC raised its position in 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 period. Integrated Wealth Concepts LLC boosted its position in shares of Synopsys by 11.6% during the first quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 79 shares during the period. NewEdge Advisors LLC boosted its position in shares of Synopsys by 15.1% during the first quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock valued at $1,291,000 after buying an additional 395 shares during the period. WINTON GROUP Ltd grew its stake in shares of Synopsys by 9.2% during the second quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock valued at $389,000 after buying an additional 64 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of Synopsys by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock valued at $36,962,000 after buying an additional 1,505 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

SNPS has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price target on Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Rosenblatt Securities cut their price objective on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $531.00.

Synopsys Stock Up 0.3%

Shares of NASDAQ:SNPS opened at $482.60 on Friday. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The stock has a market cap of $92.45 billion, a P/E ratio of 74.94, a price-to-earnings-growth ratio of 3.93 and a beta of 1.15. The business’s 50 day moving average is $430.07 and its 200 day moving average is $445.72. 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 (NASDAQ:SNPS) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same period in the previous year, the company posted $3.03 EPS. Synopsys’s revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Sell-side analysts predict that Synopsys, Inc. will post 10.3 EPS for the current 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.