Swedbank AB Has $47.35 Million Holdings in Autodesk, Inc. $ADSK

Swedbank AB increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,965 shares of the software company’s stock after acquiring an additional 9,754 shares during the quarter. Swedbank AB’s holdings in Autodesk were worth $47,351,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Patron Partners LLC increased its stake in Autodesk by 0.8% in the 3rd quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock valued at $1,364,000 after buying an additional 35 shares during the period. Catalyst Financial Partners LLC increased its stake in Autodesk by 3.8% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock valued at $325,000 after buying an additional 37 shares during the period. Piscataqua Savings Bank increased its stake in Autodesk by 33.3% in the 4th quarter. Piscataqua Savings Bank now owns 160 shares of the software company’s stock valued at $47,000 after buying an additional 40 shares during the period. Moss Adams Wealth Advisors LLC increased its stake in Autodesk by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock valued at $1,263,000 after buying an additional 41 shares during the period. Finally, Keybank National Association OH increased its stake in Autodesk by 0.8% in the 3rd quarter. Keybank National Association OH now owns 5,403 shares of the software company’s stock valued at $1,716,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Price Performance

NASDAQ ADSK opened at $251.04 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of $242.28 and a 200 day simple moving average of $267.54. The company has a market cap of $53.05 billion, a P/E ratio of 47.91, a P/E/G ratio of 1.61 and a beta of 1.32. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.21. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the firm 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, sell-side analysts predict that Autodesk, Inc. will post 9.35 EPS for the current year.

Analyst Upgrades and Downgrades

ADSK has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Wolfe Research upped their price objective on shares of Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. JPMorgan Chase & Co. upped their price objective on shares of Autodesk from $319.00 to $336.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Robert W. Baird dropped their price objective on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, Zacks Research upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Three 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’s stock. According to MarketBeat, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus target price of $335.93.

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.