Kepler Cheuvreux Suisse SA Purchases Shares of 58,496 Autodesk, Inc. $ADSK

Key Points

• Kepler Cheuvreux Suisse SA acquired a new stake of 58,496 shares (~$18.58M) in Autodesk during Q3, joining other large institutional buyers (e.g., Norges Bank, Rakuten) as institutional investors now own 90.24% of the stock.
• Autodesk beat quarterly expectations—EPS $2.85 vs. $2.64 and revenue $1.96B vs. $1.91B—delivering 19.4% YoY revenue growth, and management set FY2027 EPS guidance of 12.29–12.56.
• Analysts remain broadly positive with an average rating of "Moderate Buy" and an average price target of $341.96, while the stock trades at a P/E of 48.44 and below its 52‑week high.

Kepler Cheuvreux Suisse SA acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 58,496 shares of the software company's stock, valued at approximately $18,578,000.

A number of other hedge funds have also recently made changes to their positions in ADSK. Norges Bank bought a new stake in Autodesk in the 2nd quarter valued at $777,202,000. Rakuten Investment Management Inc. bought a new position in shares of Autodesk during the 3rd quarter valued at about $268,649,000. Geode Capital Management LLC boosted its holdings in shares of Autodesk by 15.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company's stock valued at $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. First Trust Advisors LP grew its position in shares of 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 purchasing an additional 604,235 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Autodesk by 18.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company's stock worth $1,125,988,000 after purchasing an additional 564,136 shares during the last quarter. Institutional investors own 90.24% of the company's stock.

Autodesk Stock Down 2.6%

Shares of ADSK opened at $253.85 on Wednesday. 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 fifty day moving average of $255.09 and a 200 day moving average of $288.41. The company has a market cap of $53.56 billion, a PE ratio of 48.44, a P/E/G ratio of 1.73 and a beta of 1.45. Autodesk, Inc. has a 52-week low of $215.01 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. The business had revenue of $1.96 billion for 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%. The business's revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, sell-side analysts expect that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on ADSK. Stifel Nicolaus decreased their target price on Autodesk from $375.00 to $285.00 and set a "buy" rating on the stock in a research report on Monday, February 23rd. Royal Bank Of Canada cut their price target on Autodesk from $340.00 to $335.00 and set an "outperform" rating for the company in a report on Friday, February 27th. Robert W. Baird lifted their price objective on Autodesk from $367.00 to $377.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 26th. Argus upgraded Autodesk to a "strong-buy" rating in a research report on Friday, March 6th. Finally, Arete Research raised their target price on shares of Autodesk from $430.00 to $460.00 and gave the company a "buy" rating in a report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $341.96.

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.

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