Robeco Schweiz AG Sells 64,704 Shares of Autodesk, Inc. $ADSK

Robeco Schweiz AG lowered its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 11.1% in the third quarter, HoldingsChannel reports. The firm owned 520,531 shares of the software company’s stock after selling 64,704 shares during the period. Autodesk makes up approximately 3.7% of Robeco Schweiz AG’s investment portfolio, making the stock its biggest holding. Robeco Schweiz AG’s holdings in Autodesk were worth $165,357,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Proffitt & Goodson Inc. acquired a new stake in shares of Autodesk during the third quarter worth approximately $27,000. Access Investment Management LLC bought a new stake in Autodesk during the 2nd quarter worth approximately $28,000. Heartwood Wealth Advisors LLC acquired a new stake in Autodesk during the 3rd quarter valued at $28,000. Tripletail Wealth Management LLC bought a new position in Autodesk in the 3rd quarter valued at $29,000. Finally, Hilltop National Bank bought a new position in Autodesk in the 2nd quarter valued at $31,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Trading Down 2.6%

NASDAQ: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. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The firm has a market capitalization of $57.37 billion, a price-to-earnings ratio of 52.45, a PEG ratio of 2.26 and a beta of 1.46. The business’s 50-day moving average price is $296.05 and its two-hundred day moving average price is $302.56.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ADSK shares. Wall Street Zen lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. BTIG Research assumed coverage on shares of Autodesk in a report on Tuesday, December 16th. They set a “buy” rating and a $365.00 price objective on the stock. UBS Group reaffirmed a “buy” rating and issued a $400.00 target price on shares of Autodesk in a research note on Wednesday, November 26th. Wells Fargo & Company upped their price objective on Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Finally, Robert W. Baird lifted their target price on Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $369.97.

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.