Wealth Enhancement Advisory Services LLC Purchases 4,331 Shares of Autodesk, Inc. $ADSK

Wealth Enhancement Advisory Services LLC grew its position in Autodesk, Inc. (NASDAQ:ADSK) by 8.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,433 shares of the software company’s stock after buying an additional 4,331 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Autodesk were worth $17,731,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ADSK. Proffitt & Goodson Inc. purchased a new stake in Autodesk in the third quarter worth about $27,000. Access Investment Management LLC bought a new stake in shares of Autodesk in the 2nd quarter valued at about $28,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Autodesk in the 3rd quarter valued at about $28,000. Tripletail Wealth Management LLC purchased a new stake in shares of Autodesk in the 3rd quarter worth approximately $29,000. Finally, Hilltop National Bank bought a new position in shares of Autodesk during the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ADSK. Robert W. Baird boosted their price objective on shares of Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Redburn Partners set a $375.00 target price on Autodesk in a research report on Friday, January 9th. Arete Research boosted their price target on Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. BTIG Research assumed coverage on Autodesk in a research note on Tuesday, December 16th. They set a “buy” rating and a $365.00 price objective for the company. Finally, Wolfe Research raised their price objective on Autodesk from $370.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Performance

Shares of ADSK stock opened at $269.77 on Friday. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The business’s fifty day simple moving average is $290.92 and its 200-day simple moving average is $300.26. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a market cap of $57.19 billion, a PE ratio of 52.28, a PEG ratio of 2.09 and a beta of 1.46.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share 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 firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the firm earned $2.17 EPS. The business’s quarterly revenue 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. Analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Autodesk 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.