Fisher Asset Management LLC Grows Stock Holdings in Autodesk, Inc. $ADSK

Fisher Asset Management LLC grew its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 0.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 761,009 shares of the software company’s stock after purchasing an additional 2,107 shares during the period. Fisher Asset Management LLC owned approximately 0.36% of Autodesk worth $225,266,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Autodesk by 0.4% during the fourth 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 last quarter. Amundi lifted its holdings 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 purchasing an additional 79,171 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Autodesk by 0.4% during the third 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 last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Autodesk by 44,345.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock valued at $675,055,000 after purchasing an additional 2,275,384 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Autodesk by 3.5% during the fourth quarter. Legal & General Group Plc now owns 2,089,026 shares of the software company’s stock valued at $618,373,000 after acquiring an additional 69,668 shares in the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Autodesk Stock Performance

NASDAQ:ADSK opened at $240.99 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a 12 month low of $214.10 and a 12 month high of $329.09. The company has a market cap of $50.89 billion, a PE ratio of 45.99, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. The company has a 50 day simple moving average of $239.61 and a two-hundred day simple moving average of $261.86.

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 during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the firm posted $2.29 EPS. The firm’s revenue was up 19.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Research analysts forecast that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ADSK shares. Bank of America reissued a “buy” rating and set a $300.00 price target on shares of Autodesk in a research report on Tuesday, May 12th. Barclays reduced their price target on shares of Autodesk from $315.00 to $300.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. BMO Capital Markets reduced their price target on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a research report on Monday, March 2nd. JPMorgan Chase & Co. raised their price target on shares of Autodesk from $319.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Robert W. Baird reduced their price target on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Autodesk currently has an average rating of “Moderate Buy” and an average price target of $332.21.

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.