Schroder Investment Management Group Acquires 30,207 Shares of Autodesk, Inc. $ADSK

Schroder Investment Management Group lifted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 18.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 197,798 shares of the software company’s stock after purchasing an additional 30,207 shares during the period. Schroder Investment Management Group owned 0.09% of Autodesk worth $62,834,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Autodesk in the second quarter valued at approximately $777,202,000. Rakuten Investment Management Inc. acquired a new stake in shares of Autodesk in the third quarter worth $268,649,000. Geode Capital Management LLC boosted its holdings in shares of Autodesk by 15.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after buying an additional 734,449 shares during the period. First Trust Advisors LP grew its stake in Autodesk by 197.1% in the 3rd quarter. First Trust Advisors LP now owns 910,768 shares of the software company’s stock valued at $289,324,000 after buying an additional 604,235 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Autodesk by 18.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock valued at $1,125,988,000 after buying an additional 564,136 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Autodesk Price Performance

Shares of Autodesk stock opened at $253.85 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $53.56 billion, a PE ratio of 48.44, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45. The firm has a fifty day moving average price of $255.09 and a two-hundred day moving average price of $288.41. Autodesk, Inc. has a fifty-two week low of $215.01 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.21. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The business’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Analysts expect that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ADSK shares. Rosenblatt Securities cut their target price on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Robert W. Baird raised their price target on Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Oppenheimer dropped their price objective on Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Rothschild & Co Redburn set a $375.00 price objective on Autodesk in a research report on Friday, January 9th. Finally, KeyCorp restated an “overweight” rating on shares of Autodesk in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $341.96.

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.