Global Retirement Partners LLC Buys 2,147 Shares of Autodesk, Inc. $ADSK

Global Retirement Partners LLC grew its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 33.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,621 shares of the software company’s stock after purchasing an additional 2,147 shares during the period. Global Retirement Partners LLC’s holdings in Autodesk were worth $2,552,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ADSK. Torren Management LLC bought a new stake in shares of Autodesk during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Autodesk during the 3rd quarter valued at about $25,000. Archer Investment Corp boosted its stake in shares of Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. High Point Wealth Management LLC bought a new stake in shares of Autodesk during the 4th quarter valued at about $44,000. Finally, iSAM Funds UK Ltd bought a new stake in shares of Autodesk during the 3rd quarter valued at about $46,000. Institutional investors own 90.24% of the company’s stock.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Wall Street still expects Autodesk to deliver earnings growth in its upcoming Q1 report, and analysts say the company has the combination of factors that could support an earnings beat. Autodesk (ADSK) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Brokerage sentiment remains constructive, with Autodesk receiving an average recommendation of “Moderate Buy,” which can help support the stock heading into earnings. Autodesk, Inc. (NASDAQ:ADSK) Receives Average Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Investor interest remains supported by bullish coverage that argues Autodesk is positioned to benefit from demand for engineering optimization software. Autodesk: Primed To Monetize The Elastic Demand For Engineering Optimization
• Neutral Sentiment: Recent articles focused on analyst estimates and key metric projections suggest investors are waiting for confirmation on revenue, margins, and other operating trends before re-rating the stock. Gear Up for Autodesk (ADSK) Q1 Earnings: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Autodesk also drew attention from Michael Burry, who reportedly maintained a position in the stock, adding to the name’s visibility but not changing near-term fundamentals. Autodesk Inc. (ADSK): Michael Burry Likes This Stock
• Negative Sentiment: KeyCorp cut its price target on Autodesk from $365 to $341, which may have added some pressure even though the firm kept an overweight rating. Autodesk price target lowered by KeyCorp
• Negative Sentiment: Autodesk has recently lagged the broader market, and one recent article noted the stock fell despite market gains, reinforcing a cautious short-term tone. Autodesk (ADSK) Stock Drops Despite Market Gains: Important Facts to Note

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Citigroup reaffirmed a “neutral” rating and set a $246.00 target price (down from $331.00) on shares of Autodesk in a research note on Friday, April 10th. Wells Fargo & Company lowered their price target on shares of Autodesk from $365.00 to $350.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Loop Capital lowered their price target on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating for the company in a research report on Thursday, February 19th. BTIG Research lowered their price target on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Finally, Royal Bank Of Canada lowered their price target on shares of Autodesk from $340.00 to $335.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $332.21.

Autodesk Trading Up 0.3%

Shares of NASDAQ ADSK opened at $240.99 on Friday. 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 stock has a market cap of $50.88 billion, a P/E ratio of 45.99, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09. The firm has a 50-day moving average of $239.79 and a 200 day moving average of $262.57.

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

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.