Achmea Investment Management B.V. Has $62.40 Million Stock Holdings in Autodesk, Inc. $ADSK

Achmea Investment Management B.V. raised its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 196,431 shares of the software company’s stock after acquiring an additional 4,723 shares during the period. Autodesk comprises 0.8% of Achmea Investment Management B.V.’s holdings, making the stock its 18th biggest holding. Achmea Investment Management B.V. owned approximately 0.09% of Autodesk worth $62,401,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ADSK. WBI Investments LLC acquired a new stake in Autodesk in the third quarter valued at $1,480,000. Sunbelt Securities Inc. lifted its stake in Autodesk by 5.3% in the third quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company’s stock valued at $327,000 after buying an additional 52 shares during the period. Captrust Financial Advisors boosted its position in shares of Autodesk by 5.1% during the 3rd quarter. Captrust Financial Advisors now owns 263,710 shares of the software company’s stock worth $83,773,000 after purchasing an additional 12,758 shares in the last quarter. Danske Bank A S acquired a new position in shares of Autodesk during the third quarter worth approximately $110,829,000. Finally, Stance Capital LLC raised its holdings in Autodesk by 131.7% during the third quarter. Stance Capital LLC now owns 16,123 shares of the software company’s stock worth $5,122,000 after buying an additional 9,165 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $252.92 on Wednesday. The company has a 50 day simple moving average of $250.99 and a two-hundred day simple moving average of $287.00. The company has a market capitalization of $53.37 billion, a price-to-earnings ratio of 48.27, a P/E/G ratio of 1.65 and a beta of 1.45. Autodesk, Inc. has a fifty-two week low of $215.01 and a fifty-two week high of $329.09. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85.

Autodesk (NASDAQ:ADSK) last released its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on ADSK. DA Davidson dropped their target price on Autodesk from $375.00 to $325.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Piper Sandler restated an “overweight” rating and issued a $383.00 target price (up from $373.00) on shares of Autodesk in a research note on Monday, March 2nd. BMO Capital Markets dropped their price target on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating on the stock in a research note on Monday, March 2nd. Macquarie Infrastructure raised their target price on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Finally, UBS Group reduced their price target on shares of Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $342.96.

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.