Public Employees Retirement System of Ohio Invests $31.45 Million in Synopsys, Inc. $SNPS

Public Employees Retirement System of Ohio purchased a new position in Synopsys, Inc. (NASDAQ:SNPS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 70,509 shares of the semiconductor company’s stock, valued at approximately $31,452,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SNPS. MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Synopsys in the second quarter worth about $1,927,000. Proficio Capital Partners LLC bought a new position in Synopsys during the second quarter valued at $726,000. Transamerica Financial Advisors LLC purchased a new position in shares of Synopsys in the 2nd quarter worth $145,000. Corient Private Wealth LP bought a new stake in shares of Synopsys in the 2nd quarter worth about $9,551,000. Finally, Parallax Volatility Advisers L.P. purchased a new stake in shares of Synopsys during the 2nd quarter valued at about $362,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys Stock Performance

SNPS opened at $442.61 on Friday. The company has a market cap of $84.82 billion, a price-to-earnings ratio of 78.20, a PEG ratio of 2.73 and a beta of 1.23. The firm’s fifty day simple moving average is $416.64 and its two-hundred day simple moving average is $440.13. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $615.79.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the company posted $3.39 EPS. Synopsys’s quarterly revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Equities analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

More Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Strong Q3 performance: Synopsys reported adjusted earnings of $3.91 per share versus expectations of $3.67, while revenue reached $2.48 billion, up 42.4% year over year and ahead of estimates. Strength in electronic design automation (EDA) and the Ansys acquisition supported the results. SNPS Q3 Earnings Beat Estimates on EDA and Ansys Strength
• Positive Sentiment: Higher outlook and AI momentum: Management raised fiscal 2026 guidance, citing accelerating EDA demand, recovering Design IP activity, interest in agentic AI and additional opportunities from integrating Ansys. Fiscal 2026 EPS guidance is $15.04–$15.10, with revenue guidance reportedly raised to approximately $9.72 billion. SNPS Q3 Earnings Call Highlights EDA Acceleration, Outlook Raised
• Positive Sentiment: Analyst and strategic support: Goldman Sachs, Benchmark and Needham reaffirmed Buy ratings, with price targets ranging from $570 to $600. Elliott Investment Management also reportedly built a multibillion-dollar position, betting Synopsys can narrow its discount to peers. Elliott Bets Multibillion-Dollar Position on Closing Synopsys’ Peer Discount
• Neutral Sentiment: Commentators view Synopsys as a key supplier to major technology companies, including Nvidia, and believe Ansys has strengthened its competitive moat; however, the acquisition’s full contribution depends on successful integration and future synergies. SNPS in Right Place, Right Time?
• Negative Sentiment: Valuation and peer concerns: Following the earnings rally, investors are refocusing on valuation, with Synopsys trading at a high earnings multiple. A comparison with PDF Solutions also highlighted stronger growth and margin improvement at the smaller rival, potentially limiting near-term enthusiasm for SNPS. SNPS vs. PDFS: Which Semiconductor Software Stock Has an Edge?

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SNPS shares. Mizuho reduced their price objective on Synopsys from $600.00 to $550.00 and set an “outperform” rating on the stock in a research note on Thursday. Needham & Company LLC reiterated a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday. Citigroup boosted their target price on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Robert W. Baird raised shares of Synopsys from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $558.00 to $560.00 in a research note on Thursday. Finally, Bank of America boosted their price objective on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Synopsys currently has a consensus rating of “Moderate Buy” and an average price target of $561.28.

Insiders Place Their Bets

In other news, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the sale, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares in the company, valued at $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is owned by corporate insiders.

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.