Grandfield & Dodd LLC Has $41.79 Million Holdings in Autodesk, Inc. $ADSK

Grandfield & Dodd LLC lessened its stake in Autodesk, Inc. (NASDAQ:ADSK) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 141,164 shares of the software company’s stock after selling 3,366 shares during the quarter. Autodesk accounts for about 2.4% of Grandfield & Dodd LLC’s investment portfolio, making the stock its 11th biggest holding. Grandfield & Dodd LLC owned about 0.07% of Autodesk worth $41,786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Autodesk by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock valued at $6,362,192,000 after buying an additional 78,928 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Autodesk by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock valued at $1,677,404,000 after buying an additional 123,691 shares during the period. Norges Bank acquired a new position in Autodesk during the fourth quarter worth $867,480,000. Amundi boosted its holdings in Autodesk by 3.0% during the third quarter. Amundi now owns 2,726,105 shares of the software company’s stock worth $881,704,000 after purchasing an additional 79,171 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Autodesk by 0.4% during the third quarter. Northern Trust Corp now owns 2,517,683 shares of the software company’s stock worth $799,792,000 after purchasing an additional 10,169 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

NASDAQ ADSK opened at $231.31 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 firm’s fifty day moving average price is $238.52 and its two-hundred day moving average price is $260.41. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09. The firm has a market capitalization of $48.84 billion, a P/E ratio of 33.72, a price-to-earnings-growth ratio of 1.49 and a beta of 1.32.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 58.65%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the firm posted $2.29 earnings per share. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. As a group, research analysts anticipate that Autodesk, Inc. will post 9.36 EPS for the current year.

Key Stories Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk beat first-quarter estimates, with revenue rising 18% year over year and EPS coming in above consensus, showing continued demand across construction, manufacturing, and AI-driven workflows.
• Positive Sentiment: The company raised fiscal 2027 guidance, which signals management confidence in continued growth and margin expansion.
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $325 price target, implying significant upside from current levels.
• Positive Sentiment: BTIG also reiterated a Buy rating, while Wells Fargo maintained an Overweight view and Piper Sandler kept an Overweight rating, suggesting Street confidence remains intact.
• Neutral Sentiment: Autodesk announced it will present at upcoming investor conferences, which may keep investor attention on the name but is not an immediate catalyst.
• Negative Sentiment: Shares are weaker because investors are worried the MaintainX acquisition could create execution risk, integration challenges, and pressure on margins and financing.
• Negative Sentiment: Some analysts trimmed price targets, including BMO Capital, Loop Capital, Wells Fargo, and Piper Sandler, reflecting a more cautious stance after the deal announcement.

Insider Transactions at Autodesk

In other news, Director Stacy J. Smith purchased 3,435 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of $231.17 per share, with a total value of $794,068.95. Following the completion of the transaction, the director owned 26,517 shares of the company’s stock, valued at $6,129,934.89. The trade was a 14.88% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on ADSK shares. Royal Bank Of Canada reduced their target price on shares of Autodesk from $335.00 to $305.00 and set an “outperform” rating for the company in a report on Friday. Citigroup increased their target price on shares of Autodesk from $246.00 to $252.00 and gave the stock a “neutral” rating in a report on Friday. Rosenblatt Securities reduced their target price on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. BMO Capital Markets reduced their target price on shares of Autodesk from $279.00 to $262.00 and set a “market perform” rating for the company in a report on Friday. Finally, BTIG Research restated a “buy” rating and set a $300.00 target price on shares of Autodesk in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $327.75.

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.