Global Retirement Partners LLC Buys 2,147 Shares of Autodesk, Inc. $ADSK

Global Retirement Partners LLC lifted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 33.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,621 shares of the software company’s stock after acquiring an additional 2,147 shares during the quarter. Global Retirement Partners LLC’s holdings in Autodesk were worth $2,552,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Autodesk in the third quarter worth approximately $25,000. Torren Management LLC bought a new stake in shares of Autodesk in the fourth quarter worth approximately $25,000. Archer Investment Corp grew its position in Autodesk by 112.2% during the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after buying an additional 46 shares during the period. iSAM Funds UK Ltd bought a new stake in Autodesk during the third quarter valued at approximately $46,000. Finally, High Point Wealth Management LLC bought a new stake in Autodesk during the fourth quarter valued at approximately $44,000. 90.24% of the stock is currently owned by institutional investors.

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Wall Street still expects Autodesk to deliver earnings growth in its upcoming Q1 report, and analysts say the company has the combination of factors that could support an earnings beat. Autodesk (ADSK) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Brokerage sentiment remains constructive, with Autodesk receiving an average recommendation of “Moderate Buy,” which can help support the stock heading into earnings. Autodesk, Inc. (NASDAQ:ADSK) Receives Average Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Investor interest remains supported by bullish coverage that argues Autodesk is positioned to benefit from demand for engineering optimization software. Autodesk: Primed To Monetize The Elastic Demand For Engineering Optimization
• Neutral Sentiment: Recent articles focused on analyst estimates and key metric projections suggest investors are waiting for confirmation on revenue, margins, and other operating trends before re-rating the stock. Gear Up for Autodesk (ADSK) Q1 Earnings: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Autodesk also drew attention from Michael Burry, who reportedly maintained a position in the stock, adding to the name’s visibility but not changing near-term fundamentals. Autodesk Inc. (ADSK): Michael Burry Likes This Stock
• Negative Sentiment: KeyCorp cut its price target on Autodesk from $365 to $341, which may have added some pressure even though the firm kept an overweight rating. Autodesk price target lowered by KeyCorp
• Negative Sentiment: Autodesk has recently lagged the broader market, and one recent article noted the stock fell despite market gains, reinforcing a cautious short-term tone. Autodesk (ADSK) Stock Drops Despite Market Gains: Important Facts to Note

Autodesk Price Performance

Autodesk stock opened at $240.99 on Friday. The company has a market cap of $50.88 billion, a price-to-earnings ratio of 45.99, a PEG ratio of 1.55 and a beta of 1.32. The firm’s fifty day moving average is $239.79 and its 200 day moving average is $262.57. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a 52-week low of $214.10 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. Autodesk’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 9.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ADSK shares. Argus upgraded shares of Autodesk to a “strong-buy” rating in a research report on Friday, March 6th. Wolfe Research boosted their target price on shares of Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Citigroup restated a “neutral” rating and set a $246.00 target price (down from $331.00) on shares of Autodesk in a research report on Friday, April 10th. Robert W. Baird cut their target price on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Finally, Stifel Nicolaus cut their target price on shares of Autodesk from $375.00 to $285.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and an average target price of $332.21.

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.