Resona Asset Management Co. Ltd. Grows Position in Autodesk, Inc. $ADSK

Resona Asset Management Co. Ltd. boosted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,839 shares of the software company’s stock after purchasing an additional 2,090 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Autodesk were worth $22,515,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Profund Advisors LLC lifted its position in Autodesk by 3.7% during the fourth quarter. Profund Advisors LLC now owns 20,067 shares of the software company’s stock valued at $5,940,000 after buying an additional 709 shares in the last quarter. ProShare Advisors LLC lifted its position in Autodesk by 35.7% during the fourth quarter. ProShare Advisors LLC now owns 381,245 shares of the software company’s stock valued at $112,852,000 after buying an additional 100,216 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Autodesk by 8.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,473 shares of the software company’s stock valued at $3,100,000 after buying an additional 848 shares in the last quarter. Wisconsin Capital Management LLC lifted its position in Autodesk by 2.1% during the fourth quarter. Wisconsin Capital Management LLC now owns 15,659 shares of the software company’s stock valued at $4,635,000 after buying an additional 324 shares in the last quarter. Finally, GLOBALT Investments LLC GA lifted its position in Autodesk by 2.8% during the fourth quarter. GLOBALT Investments LLC GA now owns 7,723 shares of the software company’s stock valued at $2,286,000 after buying an additional 211 shares in the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk is getting favorable coverage for its AI-driven cloud push, rising subscription revenue, and relatively attractive valuation versus peers, which may be encouraging buyers looking for software names with durable growth. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
• Positive Sentiment: Autodesk’s new “Autodesk for Small Business” platform could expand its customer base by making its design tools more accessible to freelancers and smaller firms, supporting longer-term revenue growth. Autodesk Targets Undervalued Growth With New Small Business Platform Launch
• Positive Sentiment: Trunk Tools announced a new integration with Autodesk Forma, highlighting ecosystem adoption for Autodesk’s AI-native construction platform and reinforcing the company’s product momentum in architecture and construction workflows. Trunk Tools Enhances Jobsite AI Capabilities with new Autodesk Forma Integration
• Neutral Sentiment: Several articles frame Autodesk as a value or comparison play versus peers such as ServiceNow and Paycom, suggesting investors are debating whether the recent pullback has made the stock more attractive rather than reacting to a specific business setback. Autodesk vs. ServiceNow: Which Software Stock Has Stronger Growth?
• Neutral Sentiment: Coverage asking whether Autodesk offers value after a roughly 20% one-year decline and whether holders should keep the stock underscores that sentiment remains mixed, with investors balancing growth potential against execution risk. Is Autodesk (ADSK) Offering Value After A 20% One Year Share Price Decline?
• Negative Sentiment: Broader market weakness tied to rising bond yields is pressuring technology and growth stocks overall, which can also weigh on Autodesk even when company-specific news is positive. Rising Bond Yields Weigh on Stocks

Autodesk Trading Up 0.3%

NASDAQ ADSK opened at $244.16 on Wednesday. The company’s fifty day simple moving average is $240.62 and its 200-day simple moving average is $263.55. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a market cap of $51.55 billion, a P/E ratio of 46.60, a PEG ratio of 1.57 and a beta of 1.32.

Autodesk (NASDAQ:ADSK) last posted 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. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the company posted $2.29 earnings per share. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Equities research analysts predict that Autodesk, Inc. will post 9.35 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on ADSK. Bank of America reaffirmed a “buy” rating and set a $300.00 price target on shares of Autodesk in a research report on Tuesday, May 12th. Argus raised shares of Autodesk to a “strong-buy” rating in a research report on Friday, March 6th. Rosenblatt Securities reduced their price target on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Zacks Research cut shares of Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Finally, BTIG Research reduced their price target on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Two research 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $333.07.

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.