Foresight Group Ltd Liability Partnership Has $31.45 Million Stake in Autodesk, Inc. $ADSK

Foresight Group Ltd Liability Partnership decreased its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,997 shares of the software company’s stock after selling 8,062 shares during the period. Autodesk accounts for about 4.7% of Foresight Group Ltd Liability Partnership’s portfolio, making the stock its 3rd biggest position. Foresight Group Ltd Liability Partnership’s holdings in Autodesk were worth $31,448,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ADSK. Proffitt & Goodson Inc. acquired a new stake in shares of Autodesk during the 3rd quarter worth approximately $27,000. Access Investment Management LLC bought a new position in Autodesk during the second quarter worth $28,000. Heartwood Wealth Advisors LLC acquired a new stake in Autodesk in the third quarter worth $28,000. Tripletail Wealth Management LLC acquired a new stake in Autodesk in the third quarter worth $29,000. Finally, Financial Consulate Inc. bought a new stake in Autodesk in the third quarter valued at $32,000. 90.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ADSK has been the subject of several research reports. Citigroup raised their target price on Autodesk from $370.00 to $382.00 and gave the company a “buy” rating in a research note on Friday, November 28th. HSBC reduced their price objective on Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a research note on Friday, November 28th. BTIG Research started coverage on Autodesk in a research report on Tuesday, December 16th. They set a “buy” rating and a $365.00 target price on the stock. Barclays lifted their price target on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and upped their price objective for the stock from $345.00 to $375.00 in a report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $369.04.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $242.53 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The stock has a market cap of $51.42 billion, a PE ratio of 47.00, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. The stock’s fifty day simple moving average is $280.92 and its two-hundred day simple moving average is $296.63. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company posted $2.17 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. 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, analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Autodesk Company 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.