Nordea Investment Management AB Increases Stock Holdings in Autodesk, Inc. $ADSK

Nordea Investment Management AB boosted its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 12.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,795 shares of the software company’s stock after purchasing an additional 2,541 shares during the period. Nordea Investment Management AB’s holdings in Autodesk were worth $7,573,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the period. Aaron Wealth Advisors LLC grew its position in Autodesk by 4.3% in the second quarter. Aaron Wealth Advisors LLC now owns 1,266 shares of the software company’s stock worth $392,000 after acquiring an additional 52 shares during the period. Sivia Capital Partners LLC increased its stake in Autodesk by 98.1% during the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock worth $765,000 after acquiring an additional 1,224 shares during the last quarter. Signal Advisors Wealth LLC purchased a new stake in Autodesk in the second quarter valued at $207,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Autodesk by 1.7% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,706 shares of the software company’s stock valued at $7,958,000 after purchasing an additional 436 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Up 1.3%

Shares of NASDAQ:ADSK opened at $265.69 on Friday. The firm has a market capitalization of $56.33 billion, a PE ratio of 51.49, a price-to-earnings-growth ratio of 2.13 and a beta of 1.46. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s 50-day moving average is $293.98 and its two-hundred day moving average is $301.69.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. 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 business 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. Analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ADSK. Barclays raised their price objective on Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Bank of America increased their target price on shares of Autodesk from $360.00 to $365.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and set a $355.00 price target on shares of Autodesk in a research report on Monday, November 24th. Macquarie boosted their price target on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Finally, Redburn Partners set a $375.00 price objective on shares of Autodesk in a research report on Friday, January 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus target price of $369.97.

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.