Savant Capital LLC Lowers Stake in Autodesk, Inc. $ADSK

Savant Capital LLC cut its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 23.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,528 shares of the software company’s stock after selling 4,667 shares during the period. Savant Capital LLC’s holdings in Autodesk were worth $4,933,000 as of its most recent SEC filing.

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

Autodesk Price Performance

ADSK stock opened at $238.06 on Friday. The business’s fifty day moving average price is $283.43 and its 200 day moving average price is $297.47. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $50.47 billion, a PE ratio of 46.14, a P/E/G ratio of 1.70 and a beta of 1.45.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.Autodesk’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period last year, the business posted $2.17 EPS. 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, sell-side analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ADSK shares. Macquarie upped their price objective on shares of Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Piper Sandler reissued an “overweight” rating on shares of Autodesk in a research note on Tuesday, January 13th. The Goldman Sachs Group lifted their price target on shares of Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Barclays increased their price objective on Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Finally, HSBC reduced their target price on Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.