Skandinaviska Enskilda Banken AB publ Purchases 26,489 Shares of Autodesk, Inc. $ADSK

Skandinaviska Enskilda Banken AB publ grew its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 4.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 666,134 shares of the software company’s stock after acquiring an additional 26,489 shares during the quarter. Autodesk comprises approximately 0.8% of Skandinaviska Enskilda Banken AB publ’s holdings, making the stock its 19th largest holding. Skandinaviska Enskilda Banken AB publ owned 0.31% of Autodesk worth $211,571,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ADSK. Proffitt & Goodson Inc. bought a new stake in shares of Autodesk in the 3rd quarter worth about $27,000. Access Investment Management LLC bought a new stake in shares of Autodesk in the 2nd quarter valued at approximately $28,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Autodesk in the 3rd quarter worth approximately $28,000. Tripletail Wealth Management LLC bought a new position in shares of Autodesk during the 3rd quarter valued at approximately $29,000. Finally, Financial Consulate Inc. bought a new stake in Autodesk in the third quarter worth $32,000. Institutional investors own 90.24% of the company’s stock.

Analysts Set New Price Targets

ADSK has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and raised their target price for the stock from $345.00 to $375.00 in a report on Wednesday, November 26th. HSBC dropped their price objective on Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a report on Friday, November 28th. BTIG Research initiated coverage on Autodesk in a research report on Tuesday, December 16th. They set a “buy” rating and a $365.00 target price for the company. Piper Sandler reissued an “overweight” rating on shares of Autodesk in a research note on Tuesday, January 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $340.00 price objective on shares of Autodesk in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $367.61.

Autodesk Trading Up 3.5%

Shares of NASDAQ ADSK opened at $231.22 on Tuesday. 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 stock has a market capitalization of $49.02 billion, a PE ratio of 44.81, a PEG ratio of 1.62 and a beta of 1.45. The stock has a fifty day simple moving average of $273.54 and a 200-day simple moving average of $294.07. Autodesk, Inc. has a twelve month low of $216.01 and a twelve month high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned $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, equities analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current year.

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.