Impax Asset Management Group plc Has $120.18 Million Stock Holdings in Autodesk, Inc. $ADSK

Impax Asset Management Group plc decreased its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 31.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 378,321 shares of the software company’s stock after selling 169,921 shares during the quarter. Impax Asset Management Group plc’s holdings in Autodesk were worth $120,181,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ADSK. Proffitt & Goodson Inc. acquired a new stake in shares of Autodesk in the third quarter worth $27,000. Access Investment Management LLC acquired a new stake in Autodesk in the 2nd quarter worth $28,000. Heartwood Wealth Advisors LLC acquired a new stake in Autodesk in the 3rd quarter worth $28,000. Tripletail Wealth Management LLC bought a new position in shares of Autodesk during the 3rd quarter worth about $29,000. Finally, Financial Consulate Inc. acquired a new position in shares of Autodesk during the third quarter valued at about $32,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ADSK. KeyCorp reissued an “overweight” rating on shares of Autodesk in a research report on Tuesday, December 16th. Robert W. Baird raised their price objective on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Arete Research lifted their price objective on Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Barclays upped their target price on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, January 21st. Two 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.04.

Autodesk Stock Performance

NASDAQ:ADSK opened at $243.58 on Wednesday. The stock has a market capitalization of $51.64 billion, a P/E ratio of 47.21, a price-to-earnings-growth ratio of 1.69 and a beta of 1.45. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The firm has a 50 day moving average of $279.59 and a 200-day moving average of $296.21.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the company earned $2.17 EPS. Autodesk’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. As a group, sell-side analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal 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.