Impax Asset Management Group plc Decreases Stake in Autodesk, Inc. $ADSK

Key Points

• Impax Asset Management cut its stake in Autodesk by 7.5%, selling 28,364 shares and now holds 349,957 shares valued at about $103.59 million.
• Institutional ownership is very high at 90.24%, with several large managers boosting or initiating positions — notably Wellington (+326.9% to 918,010 shares), Two Sigma (+51,159.6% to 512,596 shares) and Rakuten (new ~$268.6M stake).
• Autodesk beat Q4 estimates (EPS $2.85; revenue $1.96B), set FY27 guidance of EPS 12.29–12.56, and carries a consensus "Moderate Buy" with an average price target of $335.93 despite some recent target cuts and volatility.

Impax Asset Management Group plc lowered its holdings in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 349,957 shares of the software company's stock after selling 28,364 shares during the quarter. Impax Asset Management Group plc owned 0.17% of Autodesk worth $103,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Rakuten Investment Management Inc. purchased a new stake in Autodesk during the third quarter valued at $268,649,000. Wellington Management Group LLP increased its position in Autodesk by 326.9% during the third quarter. Wellington Management Group LLP now owns 918,010 shares of the software company's stock valued at $291,624,000 after acquiring an additional 702,974 shares during the last quarter. First Trust Advisors LP increased its position in 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 acquiring an additional 604,235 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Autodesk by 18.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company's stock valued at $1,125,988,000 after acquiring an additional 564,136 shares during the last quarter. Finally, Two Sigma Investments LP increased its position in Autodesk by 51,159.6% during the third quarter. Two Sigma Investments LP now owns 512,596 shares of the software company's stock valued at $162,836,000 after acquiring an additional 511,596 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. Royal Bank Of Canada reduced their price target on Autodesk from $340.00 to $335.00 and set an "outperform" rating for the company in a research report on Friday, February 27th. Piper Sandler restated an "overweight" rating and issued a $383.00 price target (up from $373.00) on shares of Autodesk in a research report on Monday, March 2nd. Loop Capital reduced their price target on Autodesk from $320.00 to $250.00 and set a "hold" rating for the company in a research report on Thursday, February 19th. Finally, Arete Research reduced their price target on Autodesk from $460.00 to $456.00 and set a "buy" rating for the company in a research report on Thursday, March 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $335.93.

Autodesk Stock Performance

NASDAQ ADSK opened at $237.44 on Friday. The firm has a market cap of $50.10 billion, a price-to-earnings ratio of 45.31, a price-to-earnings-growth ratio of 1.54 and a beta of 1.43. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $240.19 and a 200-day moving average price of $271.30. Autodesk, Inc. has a twelve month low of $214.10 and a twelve month high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping analysts' consensus estimates of $2.64 by $0.21. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, equities research analysts predict that Autodesk, Inc. will post 9.35 EPS for the current fiscal year.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Board addition seen as governance/strategy positive — Autodesk nominated Omar Abbosh, current CEO of Pearson, to its board; the company also said director Stephen Milligan will not stand for re-election. Investors often view experienced tech/consumer-media executives as a plus for strategy and oversight. Autodesk announces nomination of Omar Abbosh to board
• Positive Sentiment: Featured as a top pick amid a broader market rally — Several analyst/idea pieces included ADSK among select tech names to buy as the S&P 500 hits record highs, which can attract rotation flows back into well‑rated software names. 4 Solid Stocks to Grab as S&P 500 Hits New All-Time Closing High
• Positive Sentiment: Long‑term growth narrative still supported by sell‑side research — Coverage pieces reiterate Autodesk’s long‑term growth profile (subscription/AI tooling tailwinds) and list ADSK as a top growth stock for patient investors. This supports demand among growth-focused funds. Why Autodesk (ADSK) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Analysts expect strong quarter — Pre‑earnings previews highlight expectations for double‑digit EPS growth in upcoming results; a beat could reinforce the recent upside and justify current guidance from the Feb. release (FY27 EPS guide 12.29–12.56). Autodesk’s Quarterly Earnings Preview: What You Need To Know
• Neutral Sentiment: Media coverage mixed — Several outlets ran roundups noting both bullish long‑term takes and short‑term weakness; these pieces tend to amplify flows but are not company‑specific catalysts. Bentley Systems, BILL, and Autodesk Stocks Trade Down, What You Need To Know
• Negative Sentiment: Analyst downgrade and sector jitters pressured the stock — Recent downgrades and reduced price targets on application‑software names (and worries that AI may compress traditional “seat” economics) triggered selling and amplified volatility in ADSK. Autodesk stock slides as recent analyst downgrade and software-sector jitters weigh on sentiment
• Negative Sentiment: Recent sharp intraday declines reflect sentiment/positioning, not new fundamentals — Coverage noted a ~6% recent drop driven by group‑level re‑rating and technical selling; that volatility can persist until earnings or clearer guidance re‑anchors expectations. Autodesk (ADSK) Falls More Steeply Than Broader Market: What Investors Need to Know

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.