Autodesk, Inc. $ADSK is Seilern Investment Management Ltd’s 10th Largest Position

Seilern Investment Management Ltd lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 8.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 236,991 shares of the software company’s stock after buying an additional 18,086 shares during the quarter. Autodesk makes up about 5.4% of Seilern Investment Management Ltd’s portfolio, making the stock its 10th biggest position. Seilern Investment Management Ltd owned 0.11% of Autodesk worth $70,152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADSK. Vanguard Group Inc. raised its position in Autodesk by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 21,414,239 shares of the software company’s stock valued at $6,802,661,000 after purchasing an additional 450,724 shares in the last quarter. State Street Corp lifted its position in shares of Autodesk by 1.8% in the 2nd quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock worth $3,122,631,000 after purchasing an additional 174,247 shares during the period. Loomis Sayles & Co. L P raised its stake in Autodesk by 1.5% in the second quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock worth $1,805,241,000 after buying an additional 88,066 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Autodesk by 18.9% in 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 in the last quarter. Finally, Amundi lifted its position in shares of Autodesk by 3.0% during the third quarter. Amundi now owns 2,726,105 shares of the software company’s stock valued at $881,704,000 after buying an additional 79,171 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ADSK. BTIG Research lowered their price target on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 27th. DA Davidson decreased their target price on shares of Autodesk from $375.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Robert W. Baird raised their target price on shares of Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Wells Fargo & Company cut their price target on shares of Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Finally, Barclays upped their price target on Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Autodesk has an average rating of “Moderate Buy” and a consensus price target of $342.96.

Autodesk Stock Performance

ADSK opened at $247.44 on Tuesday. Autodesk, Inc. has a 52-week low of $215.01 and a 52-week 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. The company has a market cap of $52.21 billion, a P/E ratio of 47.22, a price-to-earnings-growth ratio of 1.64 and a beta of 1.45. The firm’s 50-day moving average price is $248.34 and its 200-day moving average price is $285.03.

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 company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. Autodesk’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period last year, the business earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, equities 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.