Natixis Advisors LLC Has $166.87 Million Position in Autodesk, Inc. $ADSK

Natixis Advisors LLC raised its stake in Autodesk, Inc. (NASDAQ:ADSK) by 5.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 525,298 shares of the software company’s stock after acquiring an additional 26,123 shares during the quarter. Natixis Advisors LLC owned about 0.25% of Autodesk worth $166,871,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Autodesk during the second quarter worth $777,202,000. Rakuten Investment Management Inc. acquired a new position in Autodesk in the third quarter valued at about $268,649,000. Geode Capital Management LLC lifted 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 acquiring an additional 734,449 shares during the period. First Trust Advisors LP lifted its stake in Autodesk by 197.1% during the third quarter. First Trust Advisors LP now owns 910,768 shares of the software company’s stock worth $289,324,000 after purchasing an additional 604,235 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Autodesk by 18.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock worth $1,125,988,000 after buying an additional 564,136 shares during the last quarter. Institutional investors own 90.24% of the company’s stock.

Autodesk Stock Performance

Shares of ADSK opened at $260.99 on Friday. The firm has a market cap of $55.07 billion, a PE ratio of 49.81, a PEG ratio of 1.73 and a beta of 1.45. Autodesk, Inc. has a 1 year low of $215.01 and a 1 year high of $329.09. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.82. The stock’s fifty day moving average price is $256.81 and its two-hundred day moving average price is $288.85.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The company’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the business 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. On average, equities research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on ADSK. UBS Group reduced their price target on Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Royal Bank Of Canada dropped their price target on Autodesk from $340.00 to $335.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Piper Sandler restated an “overweight” rating and set a $383.00 price target (up from $373.00) on shares of Autodesk in a research note on Monday, March 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, January 21st. Finally, Rosenblatt Securities decreased their price target on Autodesk from $375.00 to $330.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Autodesk presently has a consensus rating of “Moderate Buy” and an average 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.