ABN AMRO Bank N.V. Purchases 3,407 Shares of Autodesk, Inc. $ADSK

ABN AMRO Bank N.V. raised its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,359 shares of the software company’s stock after purchasing an additional 3,407 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Autodesk were worth $25,755,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Proffitt & Goodson Inc. acquired a new position in Autodesk during the third quarter worth about $27,000. Access Investment Management LLC acquired a new stake in shares of Autodesk in the 2nd quarter valued at approximately $28,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Autodesk during the 3rd quarter valued at approximately $28,000. Tripletail Wealth Management LLC acquired a new position in Autodesk during the 3rd quarter worth approximately $29,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in Autodesk by 67.8% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Price Performance

Shares of ADSK opened at $243.41 on Thursday. The firm has a market cap of $51.60 billion, a PE ratio of 47.17, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09. The business’s 50 day moving average price is $284.70 and its two-hundred day moving average price is $297.89. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the business posted $2.17 EPS. The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, equities analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Citigroup boosted their target price on shares of Autodesk from $370.00 to $382.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. Robert W. Baird upped their target price on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Barclays increased their target price on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. BTIG Research assumed coverage on Autodesk in a report on Tuesday, December 16th. They set a “buy” rating and a $365.00 price target on the stock. Finally, KeyCorp reiterated an “overweight” rating on shares of Autodesk in a report on Tuesday, December 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $369.24.

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.