Great Lakes Advisors LLC Has $5.89 Million Stake in Autodesk, Inc. $ADSK

Great Lakes Advisors LLC cut its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 15.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,532 shares of the software company’s stock after selling 3,419 shares during the quarter. Great Lakes Advisors LLC’s holdings in Autodesk were worth $5,887,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Proffitt & Goodson Inc. acquired a new position in shares of Autodesk in the third quarter valued at $27,000. Access Investment Management LLC acquired a new stake in shares of Autodesk during the 2nd quarter worth about $28,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Autodesk during the 3rd quarter worth about $28,000. Tripletail Wealth Management LLC acquired a new position in Autodesk in the 3rd quarter valued at about $29,000. Finally, Hilltop National Bank bought a new position in Autodesk in the 2nd quarter valued at about $31,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ADSK shares. Robert W. Baird boosted their price objective on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Rothschild Redb raised Autodesk to a “strong-buy” rating in a report on Friday, January 9th. Rothschild & Co Redburn started coverage on Autodesk in a report on Friday, January 9th. They issued a “buy” rating and a $375.00 price objective on the stock. Rosenblatt Securities reiterated a “buy” rating and set a $355.00 price objective on shares of Autodesk in a research report on Monday, November 24th. Finally, Redburn Partners set a $375.00 target price on shares of Autodesk in a research report on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Stock Down 4.7%

Shares of NASDAQ ADSK opened at $255.68 on Friday. The stock has a market capitalization of $54.20 billion, a P/E ratio of 49.55, a PEG ratio of 2.18 and a beta of 1.46. The stock’s fifty day moving average is $288.38 and its 200 day moving average is $299.08. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. 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 posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.17. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. Autodesk’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal 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.