Robeco Schweiz AG Has $150.16 Million Stake in Autodesk, Inc. $ADSK

Robeco Schweiz AG decreased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 507,280 shares of the software company’s stock after selling 13,251 shares during the period. Autodesk accounts for 3.4% of Robeco Schweiz AG’s portfolio, making the stock its largest position. Robeco Schweiz AG’s holdings in Autodesk were worth $150,160,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new stake in Autodesk in the third quarter valued at $268,649,000. Wellington Management Group LLP grew its position in shares of Autodesk by 326.9% during the third quarter. Wellington Management Group LLP now owns 918,010 shares of the software company’s stock worth $291,624,000 after acquiring an additional 702,974 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Autodesk by 197.1% during the third quarter. First Trust Advisors LP now owns 910,768 shares of the software company’s stock valued at $289,324,000 after purchasing an additional 604,235 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Autodesk by 18.9% in 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 purchasing an additional 564,136 shares during the period. Finally, Two Sigma Investments LP grew its position in Autodesk by 51,159.6% in the 3rd quarter. Two Sigma Investments LP now owns 512,596 shares of the software company’s stock valued at $162,836,000 after buying an additional 511,596 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors.

Autodesk Stock Down 2.6%

Shares of Autodesk stock opened at $242.95 on Thursday. The stock has a 50-day simple moving average of $241.68 and a 200-day simple moving average of $267.91. Autodesk, Inc. has a 52-week low of $214.10 and a 52-week high of $329.09. The firm has a market cap of $51.34 billion, a price-to-earnings ratio of 46.36, a P/E/G ratio of 1.65 and a beta of 1.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.21. The business 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%. Autodesk’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.29 EPS. 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 expect that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Barclays lifted their target price on Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. BTIG Research dropped their price target on Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Loop Capital reduced their price objective on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating for the company in a research note on Thursday, February 19th. Wolfe Research lifted their target price on shares of Autodesk from $330.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Oppenheimer cut their price target on shares of Autodesk from $375.00 to $325.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $335.93.

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.