Mitsubishi UFJ Asset Management Co. Ltd. Has $135.18 Million Stock Holdings in Autodesk, Inc. $ADSK

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Autodesk by 6% to 471,436 shares, holding about $135.18 million (roughly 0.22% of the company) at quarter-end, while institutional investors own about 90.24% of ADSK.
• Autodesk beat quarterly expectations with EPS of $2.85 versus $2.64 and revenue of $1.96 billion (up 19.4% year-over-year), and issued FY2027 guidance of $12.29–$12.56 EPS.
• Wall Street sentiment is broadly positive with a MarketBeat consensus of “Moderate Buy” and an average price target of $335.93, though several firms have recently trimmed targets.

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 471,436 shares of the software company's stock after acquiring an additional 26,786 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.22% of Autodesk worth $135,175,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ADSK. Torren Management LLC acquired a new position in Autodesk in the fourth quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Autodesk during the third quarter worth about $25,000. Archer Investment Corp boosted its position in Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company's stock worth $26,000 after acquiring an additional 46 shares during the last quarter. High Point Wealth Management LLC acquired a new stake in shares of Autodesk in the fourth quarter valued at approximately $44,000. Finally, iSAM Funds UK Ltd acquired a new stake in shares of Autodesk in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 90.24% of the company's stock.

Autodesk Stock Down 2.6%

NASDAQ:ADSK opened at $242.95 on Thursday. The firm has a market capitalization of $51.34 billion, a price-to-earnings ratio of 46.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.32. Autodesk, Inc. has a twelve month low of $214.10 and a twelve month high of $329.09. The stock's 50 day moving average price is $241.68 and its two-hundred day moving average price is $267.91. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82.

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

Wall Street Analysts Forecast Growth

ADSK has been the topic of a number of recent research reports. UBS Group lowered their price objective on shares of Autodesk from $400.00 to $290.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Morgan Stanley reaffirmed an "overweight" rating on shares of Autodesk in a research report on Wednesday, March 18th. Jefferies Financial Group initiated coverage on Autodesk in a research report on Wednesday, April 15th. They set a "buy" rating and a $300.00 price target on the stock. Robert W. Baird lowered their price target on Autodesk from $355.00 to $312.00 and set an "outperform" rating on the stock in a research report on Friday, April 17th. Finally, BMO Capital Markets lowered their price target on Autodesk from $343.00 to $279.00 and set a "market perform" rating on the stock in a research report on Monday, March 2nd. 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $335.93.

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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