Autodesk, Inc. $ADSK Position Trimmed by Marathon Asset Management Ltd

Marathon Asset Management Ltd trimmed its stake in Autodesk, Inc. (NASDAQ:ADSK) by 27.1% in the third quarter, Holdings Channel.com reports. The firm owned 100,295 shares of the software company’s stock after selling 37,245 shares during the quarter. Marathon Asset Management Ltd’s holdings in Autodesk were worth $31,860,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Client 1ST Advisory Group LLC acquired a new position in Autodesk in the 3rd quarter valued at approximately $296,000. Sowell Financial Services LLC grew its holdings in shares of Autodesk by 81.8% during the 3rd quarter. Sowell Financial Services LLC now owns 2,341 shares of the software company’s stock valued at $744,000 after acquiring an additional 1,053 shares in the last quarter. FSM Wealth Advisors LLC increased its stake in shares of Autodesk by 6.0% in the third quarter. FSM Wealth Advisors LLC now owns 1,725 shares of the software company’s stock worth $548,000 after acquiring an additional 98 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Autodesk in the third quarter worth $1,347,000. Finally, Blue Trust Inc. raised its holdings in shares of Autodesk by 14.0% during the third quarter. Blue Trust Inc. now owns 1,309 shares of the software company’s stock worth $416,000 after acquiring an additional 161 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Trading Up 0.8%

Shares of ADSK stock opened at $300.71 on Monday. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The company has a market cap of $63.75 billion, a PE ratio of 58.28, a price-to-earnings-growth ratio of 2.44 and a beta of 1.47. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. The business’s 50 day moving average is $300.48 and its two-hundred day moving average is $303.52.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm earned $2.17 EPS. Autodesk’s quarterly revenue was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Equities analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analyst Weigh In

ADSK has been the topic of a number of recent research reports. Berenberg Bank set a $370.00 target price on Autodesk in a research note on Monday, September 1st. KeyCorp reissued an “overweight” rating on shares of Autodesk in a research note on Tuesday, December 16th. Royal Bank Of Canada restated an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a report on Monday, October 6th. Bank of America raised their price objective on shares of Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Finally, Macquarie boosted their target price on shares of Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus target price of $369.59.

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.