Natixis Advisors LLC Boosts Position in Autodesk, Inc. $ADSK

Natixis Advisors LLC increased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 532,446 shares of the software company’s stock after buying an additional 7,148 shares during the period. Natixis Advisors LLC’s holdings in Autodesk were worth $157,609,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Autodesk by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock valued at $6,362,192,000 after purchasing an additional 78,928 shares during the period. Geode Capital Management LLC increased its position in Autodesk by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock valued at $1,677,404,000 after purchasing an additional 123,691 shares during the period. Norges Bank purchased a new position in Autodesk during the 4th quarter valued at about $867,480,000. Amundi increased its position in Autodesk by 3.0% during the 3rd quarter. Amundi now owns 2,726,105 shares of the software company’s stock valued at $881,704,000 after purchasing an additional 79,171 shares during the period. Finally, Northern Trust Corp increased its position in Autodesk by 0.4% during the 3rd quarter. Northern Trust Corp now owns 2,517,683 shares of the software company’s stock valued at $799,792,000 after purchasing an additional 10,169 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Key Stories Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk was upgraded to Buy by Zacks, signaling improving earnings optimism and potentially supporting further upside. Autodesk (ADSK) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Rosenblatt reiterated a Buy rating and set a $330 price target, implying meaningful upside from current levels. Benzinga coverage of Rosenblatt rating reaffirmation
• Positive Sentiment: Rothschild & Co Redburn maintained a Buy rating even after trimming its price target to $360, suggesting analysts still see substantial long-term value. Rothschild & Co Redburn adjusts PT on Autodesk
• Positive Sentiment: GuruFocus said Autodesk remains undervalued despite the recent rise, which may be attracting value-oriented investors. Autodesk Inc (ADSK) Stock Up 7.3% and Still Undervalued
• Neutral Sentiment: Wells Fargo cut its price target to $330 from $350 but kept an Overweight rating, which is a mild valuation reset rather than a thesis change. Wells Fargo Trims PT On Autodesk
• Neutral Sentiment: Autodesk’s planned $3.6 billion MaintainX acquisition expands its reach into operations and maintenance software, but investors are still assessing execution risk and integration costs. Autodesk’s MaintainX Deal Expands Operations Focus While Shares Trade Lower
• Neutral Sentiment: Oppenheimer also initiated/reiterated a Buy view, adding to the generally constructive analyst tone around the stock. Autodesk (ADSK) Gets a Buy from Oppenheimer

Analysts Set New Price Targets

A number of research firms have commented on ADSK. Barclays cut their target price on shares of Autodesk from $315.00 to $300.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Rosenblatt Securities reissued a “buy” rating and set a $330.00 target price on shares of Autodesk in a research report on Monday. Royal Bank Of Canada cut their target price on shares of Autodesk from $335.00 to $305.00 and set an “outperform” rating on the stock in a research report on Friday. Jefferies Financial Group raised shares of Autodesk to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, BTIG Research reissued a “buy” rating and set a $300.00 target price on shares of Autodesk in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus target price of $327.21.

Autodesk Stock Up 7.3%

ADSK stock opened at $248.16 on Tuesday. The firm has a 50 day moving average of $238.53 and a 200 day moving average of $259.76. The stock has a market capitalization of $52.40 billion, a PE ratio of 36.17, a price-to-earnings-growth ratio of 1.49 and a beta of 1.30. The company has a quick ratio of 0.85, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09.

Autodesk (NASDAQ:ADSK) last released its earnings results on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.89 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. Autodesk’s revenue for the quarter was up 18.4% 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 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 9.36 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Stacy J. Smith bought 3,435 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was bought at an average cost of $231.17 per share, for a total transaction of $794,068.95. Following the purchase, the director directly owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.14% of the stock is owned by company insiders.

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.