Public Employees Retirement System of Ohio Acquires Shares of 68,937 Autodesk, Inc. $ADSK

Key Points

• Public Employees Retirement System of Ohio acquired 68,937 Autodesk shares worth approximately $13.4 million during the second quarter. Institutional investors and hedge funds collectively own 90.24% of Autodesk.
• Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, while adjusted EPS of $3.30 exceeded analysts’ $3.12 estimate. The company also raised its full-year revenue outlook to approximately $8.6 billion–$8.7 billion.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and a $321.07 price target, though weaker-than-expected fiscal Q3 profit guidance and acquisition and AI-related costs have raised near-term margin concerns.

Public Employees Retirement System of Ohio bought a new position in Autodesk, Inc. (NASDAQ:ADSK - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 68,937 shares of the software company's stock, valued at approximately $13,403,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Torren Management LLC purchased a new position in Autodesk during the fourth quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Autodesk in the 3rd quarter valued at $25,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Autodesk in the 4th quarter worth $25,000. Prosperity Bancshares Inc purchased a new position in shares of Autodesk during the 4th quarter worth $27,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Autodesk during the 1st quarter worth $28,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Autodesk

In other Autodesk news, Director John T. Cahill purchased 2,000 shares of the company's stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the purchase, the director directly owned 4,000 shares in the company, valued at approximately $756,800. The trade was a 100.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Janesh Moorjani acquired 2,500 shares of the business's stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the transaction, the executive vice president directly owned 50,993 shares of the company's stock, valued at approximately $10,079,786.31. This trade represents a 5.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.14% of the company's stock.

Wall Street Analysts Forecast Growth

ADSK has been the subject of a number of analyst reports. Weiss Ratings lowered shares of Autodesk from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 10th. Jefferies Financial Group raised shares of Autodesk to a "strong-buy" rating in a research note on Tuesday, May 26th. DA Davidson set a $325.00 target price on shares of Autodesk in a report on Friday. Piper Sandler dropped their price target on shares of Autodesk from $369.00 to $338.00 and set an "overweight" rating for the company in a research note on Friday. Finally, BTIG Research restated a "buy" rating and set a $300.00 price target on shares of Autodesk in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.07.

Autodesk Stock Performance

NASDAQ ADSK opened at $260.66 on Monday. The company has a market cap of $55.00 billion, a P/E ratio of 33.72, a P/E/G ratio of 1.60 and a beta of 1.29. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a 50-day moving average of $225.93 and a two-hundred day moving average of $232.22. Autodesk, Inc. has a 1-year low of $185.50 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter in the prior year, the company earned $2.62 earnings per share. The business's quarterly revenue was up 16.1% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, analysts anticipate that Autodesk, Inc. will post 9.7 EPS for the current year.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook
• Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage
• Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits.
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast
• Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory.

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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