TD Private Client Wealth LLC Buys 4,646 Shares of Autodesk, Inc. $ADSK

TD Private Client Wealth LLC increased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 46.2% during the third quarter, HoldingsChannel reports. The firm owned 14,695 shares of the software company’s stock after acquiring an additional 4,646 shares during the period. TD Private Client Wealth LLC’s holdings in Autodesk were worth $4,668,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Autodesk during the 2nd quarter valued at $777,202,000. Geode Capital Management LLC lifted its holdings in Autodesk by 15.1% during the second quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. Vontobel Holding Ltd. boosted its position in Autodesk by 254.2% during the third quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock worth $214,968,000 after purchasing an additional 485,661 shares during the period. Skandinaviska Enskilda Banken AB publ increased its stake in shares of Autodesk by 210.9% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 639,645 shares of the software company’s stock worth $198,031,000 after purchasing an additional 433,908 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Autodesk by 68.9% during the 2nd quarter. AQR Capital Management LLC now owns 967,469 shares of the software company’s stock valued at $297,458,000 after buying an additional 394,768 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADSK has been the topic of a number of analyst reports. KeyCorp reissued an “overweight” rating on shares of Autodesk in a report on Tuesday, December 16th. Redburn Partners set a $375.00 price objective on Autodesk in a report on Friday. Bank of America lifted their target price on Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, October 8th. Finally, Arete Research boosted their price objective on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Performance

Shares of ADSK opened at $270.63 on Wednesday. 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 stock has a 50-day moving average price of $296.05 and a 200-day moving average price of $302.56. The company has a market cap of $57.37 billion, a PE ratio of 52.45, a price-to-earnings-growth ratio of 2.26 and a beta of 1.46. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.17. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. Autodesk’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, equities analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

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.