National Pension Service Grows Stock Position in Autodesk, Inc. $ADSK

National Pension Service grew its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 697,954 shares of the software company’s stock after acquiring an additional 11,484 shares during the quarter. National Pension Service owned 0.33% of Autodesk worth $221,719,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Autodesk in the second quarter worth $777,202,000. Rakuten Investment Management Inc. acquired a new position in shares of Autodesk in the 3rd quarter valued at $268,649,000. Geode Capital Management LLC raised its stake in Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after acquiring an additional 734,449 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Autodesk by 18.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock worth $1,125,988,000 after acquiring an additional 564,136 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in Autodesk by 254.2% during the 3rd quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock valued at $214,968,000 after purchasing an additional 485,661 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. The Goldman Sachs Group lifted their price objective on shares of Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and increased their price objective for the stock from $345.00 to $375.00 in a research note on Wednesday, November 26th. Rothschild Redb upgraded shares of Autodesk to a “strong-buy” rating in a research report on Friday, January 9th. Finally, Barclays upped their price target on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Down 1.1%

ADSK stock opened at $252.87 on Friday. The firm’s fifty day moving average is $287.62 and its 200 day moving average is $298.86. The firm has a market cap of $53.61 billion, a PE ratio of 49.01, a P/E/G ratio of 2.08 and a beta of 1.46. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the firm 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, research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

About Autodesk

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.