Railway Pension Investments Ltd lifted its position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 17.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,392 shares of the software company’s stock after purchasing an additional 5,500 shares during the quarter. Railway Pension Investments Ltd’s holdings in Autodesk were worth $11,561,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beacon Financial Group boosted its holdings in shares of Autodesk by 3.0% during the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after acquiring an additional 33 shares during the last quarter. Bridgewater Advisors Inc. grew its holdings in Autodesk by 2.2% during the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock valued at $474,000 after purchasing an additional 34 shares during the period. Clarity Wealth Advisors LLC raised its stake in shares of Autodesk by 2.3% in the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after buying an additional 35 shares during the period. Fulton Bank N.A. lifted its position in shares of Autodesk by 4.6% during the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after buying an additional 36 shares in the last quarter. Finally, Wedbush Securities Inc. increased its holdings in Autodesk by 2.6% in the 2nd quarter. Wedbush Securities Inc. now owns 1,484 shares of the software company’s stock worth $459,000 after acquiring an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.
Analysts Set New Price Targets
ADSK has been the topic of several analyst reports. Macquarie lifted their price target on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. BTIG Research began coverage on shares of Autodesk in a research note on Tuesday, December 16th. They set a “buy” rating and a $365.00 target price on the stock. Hsbc Global Res raised shares of Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. BMO Capital Markets increased their price objective on shares of Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a report on Wednesday, November 26th. Finally, Wells Fargo & Company increased their price objective on shares of Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Autodesk has an average rating of “Moderate Buy” and an average target price of $369.59.
Autodesk Stock Down 3.1%
NASDAQ ADSK opened at $286.73 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The firm has a market capitalization of $60.79 billion, a price-to-earnings ratio of 55.57, a PEG ratio of 2.33 and a beta of 1.46. The company has a fifty day moving average of $299.08 and a two-hundred day moving average of $303.50.
Autodesk (NASDAQ:ADSK – Get Free Report) last released its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business’s revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business earned $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.
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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