PFA Pension Forsikringsaktieselskab Makes New $65.86 Million Investment in Autodesk, Inc. $ADSK

Key Points

• PFA Pension Forsikringsaktieselskab opened a new Q4 position in Autodesk of 219,874 shares valued at about $65.86 million, equal to roughly 0.10% ownership.
• Autodesk beat quarterly expectations with EPS of $2.85 (vs. $2.64 est.) and revenue of $1.96B (up 19.4% y/y), and set FY2027 EPS guidance of 12.290–12.560 and Q1 2027 guidance of 2.820–2.860.
• Institutional ownership stands at about 90.24%, with several large funds materially increasing stakes and analysts holding a "Moderate Buy" consensus (average target ≈ $336).

PFA Pension Forsikringsaktieselskab acquired a new position in Autodesk, Inc. (NASDAQ:ADSK - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 219,874 shares of the software company's stock, valued at approximately $65,861,000. PFA Pension Forsikringsaktieselskab owned about 0.10% of Autodesk as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ADSK. Rakuten Investment Management Inc. purchased a new stake in shares of Autodesk in the third quarter worth approximately $268,649,000. Wellington Management Group LLP raised its stake in shares of Autodesk by 326.9% in the third quarter. Wellington Management Group LLP now owns 918,010 shares of the software company's stock worth $291,624,000 after purchasing an additional 702,974 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Autodesk by 197.1% in the third quarter. First Trust Advisors LP now owns 910,768 shares of the software company's stock worth $289,324,000 after purchasing an additional 604,235 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake 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. Finally, Two Sigma Investments LP raised its stake in shares of Autodesk by 51,159.6% in the third quarter. Two Sigma Investments LP now owns 512,596 shares of the software company's stock worth $162,836,000 after purchasing an additional 511,596 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Performance

ADSK stock opened at $244.35 on Friday. The firm has a market cap of $51.64 billion, a PE ratio of 46.63, a P/E/G ratio of 1.62 and a beta of 1.32. 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 of $240.74 and a 200-day moving average of $268.97. Autodesk, Inc. has a 12-month low of $214.10 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last released its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $1.91 billion. During the same period in the prior year, the company posted $2.29 earnings per share. Autodesk's quarterly revenue was up 19.4% on a year-over-year basis. 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, sell-side analysts expect that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

ADSK has been the subject of several analyst reports. Wolfe Research increased their price objective on Autodesk from $330.00 to $350.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. JPMorgan Chase & Co. increased their price objective on Autodesk from $319.00 to $336.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. Robert W. Baird lowered their price objective on Autodesk from $355.00 to $312.00 and set an "outperform" rating for the company in a research note on Friday, April 17th. Weiss Ratings reissued a "hold (c+)" rating on shares of Autodesk in a research note on Wednesday, January 21st. Finally, Loop Capital reduced their target price on Autodesk from $320.00 to $250.00 and set a "hold" rating for the company in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $335.93.

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.

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