Private Wealth Partners LLC Acquires 6,807 Shares of Adobe Inc. $ADBE

Private Wealth Partners LLC raised its holdings in Adobe Inc. (NASDAQ:ADBE) by 14.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,045 shares of the software company’s stock after acquiring an additional 6,807 shares during the quarter. Adobe comprises approximately 1.3% of Private Wealth Partners LLC’s holdings, making the stock its 23rd largest position. Private Wealth Partners LLC’s holdings in Adobe were worth $18,712,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ADBE. Norges Bank bought a new position in Adobe during the second quarter valued at about $2,029,950,000. Franklin Resources Inc. increased its holdings in shares of Adobe by 68.9% during the 2nd quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after acquiring an additional 791,077 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of Adobe by 218.5% in the 2nd quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock valued at $415,434,000 after acquiring an additional 736,682 shares in the last quarter. Invesco Ltd. lifted its holdings in Adobe by 16.1% in the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock worth $1,705,043,000 after purchasing an additional 610,215 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in Adobe by 185.1% in the 3rd quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock worth $316,913,000 after purchasing an additional 583,275 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Mizuho lowered their price target on Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Stifel Nicolaus lowered their target price on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Barclays reiterated an “overweight” rating and issued a $415.00 target price on shares of Adobe in a report on Friday, December 5th. UBS Group cut their target price on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Jefferies Financial Group downgraded Adobe from a “buy” rating to a “hold” rating and lowered their price target for the company from $500.00 to $400.00 in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $397.19.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Airtel partnership expands Adobe Express distribution to hundreds of millions of users, a large user‑growth and awareness catalyst that could help adoption and monetization in key markets. ‘Airtel, in Global First, Offers 360 Million Users Free Adobe Express Premium Access’
• Neutral Sentiment: Reported short‑interest data show effectively zero days to cover (odd/flat readings), indicating no clear short‑squeeze risk from current filings — the data don’t appear to be driving the move. (internal short‑interest entry)
• Neutral Sentiment: Apple’s new Creator Studio prompts discussion about competitive dynamics for creators; analysts see it as a different product rather than an immediate Adobe “killer,” but it raises long‑term competitive watchpoints. Apple’s Creator Studio Isn’t an Adobe Killer
• Negative Sentiment: Major brokerages (Goldman, BMO, Jefferies) issued downgrades on ADBE, which has directly pressured the stock as investors mark down near‑term expectations and valuation multiples. Goldman, BMO, and Jefferies Downgrade Adobe (ADBE)
• Negative Sentiment: Adobe disclosed insider selling: the CFO sold about $485k of stock. While single insider sales can be routine, the move adds to negative sentiment when combined with analyst downgrades. Adobe (NASDAQ:ADBE) CFO Sells $485,323.10 in Stock
• Negative Sentiment: Adobe’s acquisition of Semrush at a reported ~78% premium drew attention for being an expensive bolt‑on, raising questions about deal discipline and near‑term EPS/ROI impact. That concern is amplifying sell‑side caution. Adobe Acquired Semrush Holdings (SEMR) at a 78% premium

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.16% of the stock is owned by corporate insiders.

Adobe Trading Up 0.5%

Shares of ADBE opened at $293.25 on Friday. The stock’s 50-day moving average price is $328.75 and its 200 day moving average price is $341.95. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $120.38 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 1.15 and a beta of 1.53. Adobe Inc. has a 12-month low of $284.60 and a 12-month high of $465.70.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company earned $4.81 EPS. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, research analysts predict that Adobe Inc. will post 16.65 earnings per share for the current year.

About Adobe

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.