Autodesk, Inc. $ADSK Shares Sold by JARISLOWSKY FRASER Ltd

JARISLOWSKY FRASER Ltd lowered its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 82.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,225 shares of the software company’s stock after selling 282,806 shares during the period. JARISLOWSKY FRASER Ltd’s holdings in Autodesk were worth $18,814,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Flaharty Asset Management LLC purchased a new position in shares of Autodesk during the first quarter worth about $27,000. Access Investment Management LLC purchased a new stake in Autodesk during the 2nd quarter valued at approximately $28,000. Heartwood Wealth Advisors LLC acquired a new stake in Autodesk during the 3rd quarter worth approximately $28,000. Tripletail Wealth Management LLC purchased a new position in shares of Autodesk in the 3rd quarter valued at approximately $29,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Autodesk in the 2nd quarter valued at approximately $31,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Price Performance

Autodesk stock opened at $286.73 on Friday. The stock has a market capitalization of $60.79 billion, a P/E ratio of 55.57, a P/E/G ratio of 2.41 and a beta of 1.46. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s 50-day moving average is $299.08 and its two-hundred day moving average is $303.40.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) 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 firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the business earned $2.17 earnings per share. Autodesk’s revenue was up 18.0% compared to the same quarter last year. 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 analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Analysts Set New Price Targets

ADSK has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating and set a $400.00 price target on shares of Autodesk in a report on Wednesday, November 26th. Citigroup raised their target price on shares of Autodesk from $370.00 to $382.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. The Goldman Sachs Group boosted their price target on shares of Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. HSBC reduced their price objective on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Finally, Hsbc Global Res upgraded Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $369.59.

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.