New York State Teachers Retirement System Has $57.51 Million Position in Autodesk, Inc. $ADSK

New York State Teachers Retirement System lessened its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,033 shares of the software company’s stock after selling 20,631 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of Autodesk worth $57,509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its stake in Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Autodesk by 18.6% during the first quarter. Geneos Wealth Management Inc. now owns 2,720 shares of the software company’s stock worth $712,000 after acquiring an additional 427 shares during the period. Advisors Capital Management LLC lifted its position in Autodesk by 5.3% in the 1st quarter. Advisors Capital Management LLC now owns 1,062 shares of the software company’s stock valued at $278,000 after acquiring an additional 53 shares in the last quarter. Strs Ohio acquired a new position in Autodesk in the 1st quarter worth $14,095,000. Finally, Kera Capital Partners Inc. bought a new position in Autodesk during the 2nd quarter worth about $224,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Autodesk from a “hold” rating to a “buy” rating and boosted their price target for the company from $345.00 to $375.00 in a report on Wednesday, November 26th. Wall Street Zen cut Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Citigroup upped their price target on Autodesk from $370.00 to $382.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. UBS Group reiterated a “buy” rating and issued a $400.00 price objective on shares of Autodesk in a report on Wednesday, November 26th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $355.00 price objective on shares of Autodesk in a research report on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Trading Down 0.2%

Shares of Autodesk stock opened at $276.02 on Monday. The stock has a market cap of $58.52 billion, a P/E ratio of 53.49, a P/E/G ratio of 2.24 and a beta of 1.46. 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 12-month low of $232.67 and a 12-month high of $329.09. The business’s 50 day moving average is $297.17 and its 200-day moving average is $303.00.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the company earned $2.17 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Equities research analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Autodesk 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.