Autodesk, Inc. $ADSK Shares Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ raised its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 666,134 shares of the software company’s stock after buying an additional 26,489 shares during the quarter. Autodesk comprises about 0.8% of Skandinaviska Enskilda Banken AB publ’s investment portfolio, making the stock its 19th biggest position. Skandinaviska Enskilda Banken AB publ’s holdings in Autodesk were worth $211,571,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in ADSK. Vanguard Group Inc. boosted its stake in shares of Autodesk by 2.2% during the third quarter. Vanguard Group Inc. now owns 21,414,239 shares of the software company’s stock valued at $6,802,661,000 after acquiring an additional 450,724 shares during the last quarter. State Street Corp lifted its holdings in Autodesk by 1.8% in the 2nd quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock valued at $3,122,631,000 after purchasing an additional 174,247 shares in the last quarter. Loomis Sayles & Co. L P boosted its stake in shares of Autodesk by 1.5% during the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock worth $1,805,241,000 after purchasing an additional 88,066 shares during the last quarter. Geode Capital Management LLC boosted its stake 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 purchasing an additional 734,449 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Autodesk by 18.9% during the third 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 in the last quarter. 90.24% of the stock is owned by institutional investors and hedge funds.

Autodesk Trading Up 3.5%

Autodesk stock opened at $231.22 on Tuesday. Autodesk, Inc. has a 1 year low of $216.01 and a 1 year high of $329.09. The firm’s 50-day moving average is $273.54 and its 200-day moving average is $294.07. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $49.02 billion, a P/E ratio of 44.81, a PEG ratio of 1.62 and a beta of 1.45.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share 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 firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business earned $2.17 earnings per share. Autodesk’s quarterly revenue was up 18.0% on a year-over-year basis. 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

ADSK has been the topic of a number of analyst reports. BMO Capital Markets raised their target price on shares of Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 26th. Macquarie Infrastructure lifted their price target on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Piper Sandler reiterated an “overweight” rating on shares of Autodesk in a research note on Tuesday, January 13th. Rosenblatt Securities reissued a “buy” rating and issued a $355.00 target price on shares of Autodesk in a research note on Monday, November 24th. Finally, Barclays upped their price target on shares of Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $367.61.

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.