Fideuram Asset Management Ireland dac Takes $16.23 Million Position in Autodesk, Inc. $ADSK

Key Points

• Fideuram Asset Management Ireland dac initiated a new position in Autodesk during the fourth quarter, buying 53,820 shares valued at about $16.23 million. The stake represents roughly 1.2% of its portfolio and is its 16th-largest holding.
• Autodesk has continued to attract broad institutional interest, with multiple hedge funds recently increasing or starting positions. Overall, institutional investors now own 90.24% of the company.
• Analysts remain constructive despite recent target price cuts, with Autodesk holding a consensus rating of “Moderate Buy” and an average price target of $330.96. The company also recently beat fiscal Q1 earnings and revenue estimates and issued strong guidance.

Fideuram Asset Management Ireland dac purchased a new stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 53,820 shares of the software company's stock, valued at approximately $16,231,000. Autodesk comprises approximately 1.2% of Fideuram Asset Management Ireland dac's investment portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company's stock worth $343,000 after buying an additional 147 shares during the period. Sivia Capital Partners LLC lifted its holdings in Autodesk by 98.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company's stock worth $765,000 after buying an additional 1,224 shares during the period. Schnieders Capital Management LLC. acquired a new position in Autodesk during the 2nd quarter worth about $466,000. Baird Financial Group Inc. lifted its holdings in Autodesk by 7.5% during the 2nd quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company's stock worth $3,111,000 after buying an additional 701 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Autodesk by 25.3% during the 2nd quarter. NewEdge Advisors LLC now owns 13,860 shares of the software company's stock worth $4,291,000 after buying an additional 2,795 shares during the period. Institutional investors own 90.24% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on ADSK. Wells Fargo & Company cut their target price on Autodesk from $365.00 to $350.00 and set an "overweight" rating on the stock in a report on Friday, February 27th. Robert W. Baird dropped their price objective on Autodesk from $355.00 to $312.00 and set an "outperform" rating on the stock in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft dropped their price objective on Autodesk from $375.00 to $330.00 and set a "buy" rating on the stock in a research note on Monday, March 2nd. Loop Capital dropped their price objective on Autodesk from $320.00 to $250.00 and set a "hold" rating on the stock in a research note on Thursday, February 19th. Finally, Rosenblatt Securities dropped their price objective on Autodesk from $375.00 to $330.00 and set a "buy" rating on the stock in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Autodesk presently has a consensus rating of "Moderate Buy" and a consensus price target of $330.96.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q1 2027 revenue of $1.93 billion, up 18% year over year, with EPS of $2.99 beating estimates. The company also issued strong next-quarter and full-year guidance, suggesting continued momentum in demand and profitability. Autodesk (ADSK) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: The company’s guidance update came in above Wall Street expectations, with fiscal 2027 EPS guidance of $12.40 to $12.65 and Q2 EPS guidance of $3.10 to $3.14, reinforcing the view that Autodesk’s core business is performing well. AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS
• Positive Sentiment: Autodesk announced a definitive agreement to acquire MaintainX for about $3.6 billion in cash, a move that expands its push into AI-powered operations software and broadens its platform beyond design into the “operate” phase of the workflow. Autodesk to acquire MaintainX, advancing unified platform in operations
• Neutral Sentiment: Some market reaction was mixed despite the earnings beat, as investors may be focusing on integration risk and the cash cost of the MaintainX deal alongside the strong operating numbers. Autodesk Stock Sinks Despite Q1 Earnings Beat
• Neutral Sentiment: Analyst coverage remained constructive ahead of earnings, with some firms revising targets higher and Jefferies upgrading Autodesk to “strong-buy,” which supports sentiment but is less immediate than the earnings and acquisition news. Autodesk (ADSK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Autodesk Stock Up 1.7%

Shares of NASDAQ:ADSK opened at $240.95 on Friday. The company has a market capitalization of $50.88 billion, a price-to-earnings ratio of 45.98, a P/E/G ratio of 1.53 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. The business's 50-day moving average is $238.86 and its 200-day moving average is $260.61. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last issued its earnings results on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, beating analysts' consensus estimates of $2.84 by $0.15. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the previous year, the company posted $2.29 EPS. The firm's 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. Equities research analysts predict that Autodesk, Inc. will post 9.35 earnings per share for the current year.

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.

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