Resona Asset Management Co. Ltd. raised its stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 75,839 shares of the software company’s stock after buying an additional 2,090 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Autodesk were worth $22,515,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Torren Management LLC bought a new stake in shares of Autodesk during the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new position in Autodesk in the 3rd quarter worth $25,000. Archer Investment Corp boosted its holdings in Autodesk by 112.2% in the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after buying an additional 46 shares during the period. High Point Wealth Management LLC bought a new position in Autodesk in the 4th quarter worth $44,000. Finally, iSAM Funds UK Ltd bought a new position in Autodesk in the 3rd quarter worth $46,000. Institutional investors own 90.24% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have weighed in on ADSK shares. Loop Capital decreased their target price on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating on the stock in a report on Thursday, February 19th. Oppenheimer dropped their price objective on shares of Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Royal Bank Of Canada dropped their target price on shares of Autodesk from $340.00 to $335.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. BMO Capital Markets dropped their target price on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating on the stock in a research report on Monday, March 2nd. Finally, BTIG Research dropped their target price on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.07.
Autodesk Stock Up 0.3%
Shares of NASDAQ ADSK opened at $244.16 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09. The firm has a 50-day moving average price of $240.62 and a 200 day moving average price of $263.55. The stock has a market capitalization of $51.55 billion, a price-to-earnings ratio of 46.60, a price-to-earnings-growth ratio of 1.57 and a beta of 1.32.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the firm posted $2.29 EPS. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 9.35 EPS for the current fiscal year.
Key Autodesk News
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk is getting favorable coverage for its AI-driven cloud push, rising subscription revenue, and relatively attractive valuation versus peers, which may be encouraging buyers looking for software names with durable growth. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
- Positive Sentiment: Autodesk’s new “Autodesk for Small Business” platform could expand its customer base by making its design tools more accessible to freelancers and smaller firms, supporting longer-term revenue growth. Autodesk Targets Undervalued Growth With New Small Business Platform Launch
- Positive Sentiment: Trunk Tools announced a new integration with Autodesk Forma, highlighting ecosystem adoption for Autodesk’s AI-native construction platform and reinforcing the company’s product momentum in architecture and construction workflows. Trunk Tools Enhances Jobsite AI Capabilities with new Autodesk Forma Integration
- Neutral Sentiment: Several articles frame Autodesk as a value or comparison play versus peers such as ServiceNow and Paycom, suggesting investors are debating whether the recent pullback has made the stock more attractive rather than reacting to a specific business setback. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
- Neutral Sentiment: Coverage asking whether Autodesk offers value after a roughly 20% one-year decline and whether holders should keep the stock underscores that sentiment remains mixed, with investors balancing growth potential against execution risk. Is Autodesk (ADSK) Offering Value After A 20% One Year Share Price Decline?
- Negative Sentiment: Broader market weakness tied to rising bond yields is pressuring technology and growth stocks overall, which can also weigh on Autodesk even when company-specific news is positive. Rising Bond Yields Weigh on Stocks
Autodesk Company Profile
Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.
The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.
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