Impax Asset Management Group plc Has $120.18 Million Stock Holdings in Autodesk, Inc. $ADSK

Impax Asset Management Group plc reduced its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 31.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 378,321 shares of the software company’s stock after selling 169,921 shares during the period. Impax Asset Management Group plc owned about 0.18% of Autodesk worth $120,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ADSK. Proffitt & Goodson Inc. bought a new stake in Autodesk during the 3rd quarter worth approximately $27,000. Access Investment Management LLC acquired a new position in shares of Autodesk during the second quarter worth $28,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Autodesk in the third quarter worth $28,000. Tripletail Wealth Management LLC bought a new stake in shares of Autodesk in the third quarter worth $29,000. Finally, Financial Consulate Inc. acquired a new stake in Autodesk in the third quarter valued at $32,000. Institutional investors own 90.24% of the company’s stock.

Autodesk Trading Up 0.4%

Shares of NASDAQ:ADSK opened at $243.58 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The firm has a fifty day moving average of $279.59 and a two-hundred day moving average of $296.21. The firm has a market capitalization of $51.64 billion, a P/E ratio of 47.21, a price-to-earnings-growth ratio of 1.69 and a beta of 1.45.

Autodesk (NASDAQ:ADSK) last issued its 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 firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.17 earnings per share. 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 EPS for the current fiscal year.

Analyst Ratings Changes

ADSK has been the topic of several recent research reports. Robert W. Baird lifted their target price on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft raised Autodesk from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $345.00 to $375.00 in a research note on Wednesday, November 26th. UBS Group reissued a “buy” rating and set a $400.00 target price on shares of Autodesk in a research report on Wednesday, November 26th. BMO Capital Markets raised their price target on shares of Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a report on Wednesday, November 26th. Finally, Rothschild & Co Redburn set a $375.00 price objective on shares of Autodesk in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Autodesk has an average rating of “Moderate Buy” and an average price target of $369.04.

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.