Achmea Investment Management B.V. Grows Stock Holdings in Autodesk, Inc. $ADSK

Achmea Investment Management B.V. boosted its stake in shares of 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 firm owned 196,431 shares of the software company’s stock after purchasing an additional 4,723 shares during the period. Autodesk comprises 0.8% of Achmea Investment Management B.V.’s portfolio, making the stock its 18th largest holding. Achmea Investment Management B.V.’s holdings in Autodesk were worth $62,401,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADSK. Measured Wealth Private Client Group LLC bought a new stake in Autodesk during the third quarter valued at approximately $25,000. Proffitt & Goodson Inc. bought a new position in shares of Autodesk during the 3rd quarter valued at about $27,000. Heartwood Wealth Advisors LLC purchased a new position in Autodesk during the 3rd quarter valued at approximately $28,000. Tripletail Wealth Management LLC bought a new stake in Autodesk in the third quarter worth $29,000. Finally, Financial Consulate Inc. bought a new stake in shares of Autodesk in the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Ratings Changes

ADSK has been the topic of several recent research reports. Royal Bank Of Canada decreased their price target on Autodesk from $340.00 to $335.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. KeyCorp restated an “overweight” rating on shares of Autodesk in a report on Tuesday, December 16th. Robert W. Baird upped their target price on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Piper Sandler restated an “overweight” rating and issued a $383.00 price target (up from $373.00) on shares of Autodesk in a report on Monday, March 2nd. Finally, DA Davidson dropped their target price on Autodesk from $375.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $342.96.

Autodesk Stock Up 1.3%

ADSK opened at $252.92 on Wednesday. The company has a market cap of $53.37 billion, a PE ratio of 48.27, a price-to-earnings-growth ratio of 1.65 and a beta of 1.45. The company has a 50-day moving average price of $250.99 and a 200 day moving average price of $287.00. Autodesk, Inc. has a twelve month low of $215.01 and a twelve month high of $329.09. 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 (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.64 by $0.21. The firm had revenue of $1.96 billion during 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 firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the previous year, the business earned $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. Sell-side analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal 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.