Teacher Retirement System of Texas Buys 180,758 Shares of Autodesk, Inc. $ADSK

Teacher Retirement System of Texas increased its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 102.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 357,813 shares of the software company’s stock after purchasing an additional 180,758 shares during the quarter. Autodesk makes up 0.5% of Teacher Retirement System of Texas’ holdings, making the stock its 28th biggest position. Teacher Retirement System of Texas’ holdings in Autodesk were worth $113,666,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the last quarter. Sivia Capital Partners LLC raised its position in Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock worth $765,000 after purchasing an additional 1,224 shares during the period. Farther Finance Advisors LLC lifted its stake in Autodesk by 10.1% in the second quarter. Farther Finance Advisors LLC now owns 1,252 shares of the software company’s stock worth $388,000 after purchasing an additional 115 shares during the last quarter. Sowell Financial Services LLC boosted its position in shares of Autodesk by 4.2% during the second quarter. Sowell Financial Services LLC now owns 1,288 shares of the software company’s stock valued at $399,000 after buying an additional 52 shares during the period. Finally, Park Avenue Securities LLC grew its stake in shares of Autodesk by 4.2% during the second quarter. Park Avenue Securities LLC now owns 4,369 shares of the software company’s stock valued at $1,353,000 after buying an additional 178 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ADSK shares. Rothschild & Co Redburn assumed coverage on Autodesk in a report on Friday, January 9th. They set a “buy” rating and a $375.00 price objective for the company. The Goldman Sachs Group lifted their target price on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Wolfe Research upped their price target on shares of Autodesk from $370.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. UBS Group reaffirmed a “buy” rating and issued a $400.00 price target on shares of Autodesk in a research note on Wednesday, November 26th. Finally, Wall Street Zen cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Up 4.8%

NASDAQ:ADSK opened at $269.77 on Friday. 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 has a market cap of $57.19 billion, a PE ratio of 52.28, a price-to-earnings-growth ratio of 2.09 and a beta of 1.46. The company has a 50-day moving average of $290.92 and a 200 day moving average of $300.26. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results 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. 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 company’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. As a group, research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

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.