Adobe Inc. $ADBE Shares Purchased by HF Advisory Group LLC

HF Advisory Group LLC lifted its position in shares of Adobe Inc. (NASDAQ:ADBE) by 2,251.7% during the fourth quarter, Holdings Channel reports. The firm owned 99,408 shares of the software company’s stock after acquiring an additional 95,181 shares during the quarter. HF Advisory Group LLC’s holdings in Adobe were worth $35,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. CX Institutional increased its stake in Adobe by 72.9% in the third quarter. CX Institutional now owns 27,922 shares of the software company’s stock valued at $9,849,000 after purchasing an additional 11,769 shares during the period. Wright Investors Service Inc. increased its position in Adobe by 114.4% in the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after acquiring an additional 5,293 shares during the period. Federated Hermes Inc. raised its stake in Adobe by 185.1% during the 3rd quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock valued at $316,913,000 after acquiring an additional 583,275 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Adobe by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock worth $38,309,000 after acquiring an additional 32,448 shares during the period. Finally, Victory Capital Management Inc. grew its stake in shares of Adobe by 112.6% in the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock valued at $469,467,000 after purchasing an additional 710,357 shares during the last quarter. 81.79% of the stock is owned by institutional investors and hedge funds.

Adobe Trading Up 0.6%

Shares of Adobe stock opened at $242.92 on Friday. The company has a 50-day moving average of $264.14 and a two-hundred day moving average of $312.70. Adobe Inc. has a 12-month low of $233.15 and a 12-month high of $422.95. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. The stock has a market cap of $98.19 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.94 and a beta of 1.52.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. The firm had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.Adobe’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm posted $5.08 earnings per share. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, research analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analyst bullishness and valuation upside — some outlets highlight continued analyst interest and a consensus price target (~$310) implying meaningful upside, supporting a constructive view on ADBE’s AI transition and longer-term earnings power. Bullish Analyst Sentiment on Adobe (ADBE) Amid Ongoing AI Advancements
• Positive Sentiment: Corporate partnerships / enterprise adoption — Omnicom’s Credera launched a unified Adobe practice, signaling continued enterprise demand and ecosystem stickiness for Adobe’s cloud and marketing offerings. Partnership news can support recurring-revenue confidence. Omnicom’s Transformation Consultancy Strengthens Capabilities with the Launch of Unified Adobe Practice
• Positive Sentiment: Insider / institutional buying signal — reports that long-term funds (e.g., Bridgewater historically, and mentions of Ray Dalio interest) are associated with Adobe can boost investor confidence that value buyers are present. Adobe Inc. (ADBE): Billionaire Ray Dalio Is Buying This Software Stock
• Neutral Sentiment: Product innovation — Adobe continues product enhancements (e.g., Turntable in Illustrator), which helps retention and upsell but is incremental versus large AI/competitive risks. Adobe launches Turntable in Illustrator: All the details
• Neutral Sentiment: Recent earnings and guidance — Adobe beat Q1 estimates and gave FY/Q2 guidance (see background); that supports fundamentals, but market reaction is mixed as investors parse forward ARR trends and margin leverage. MarketBeat ADBE summary (earnings & metrics)
• Negative Sentiment: Strong sell-side action — William Blair downgraded ADBE to Market Perform and slashed its price target from $423 to $237, a substantial cut that directly pressures sentiment and could prompt short-term selling. William Blair Downgrades Adobe (ADBE) to Market Perform, Lowers PT
• Negative Sentiment: Public criticism on AI commoditization — industry commentators (SemiAnalysis, Fortune) argue AI tools risk commoditizing core creative workflows and weakening Adobe’s pricing power and net-new ARR growth — a thematic risk investors are focused on. Semianalysis CEO: Adobe faces existential threat from AI commoditization Adobe faces an AI-era test of whether the creative economy still needs it
• Negative Sentiment: Privacy/technical accusation — A recent article alleges Adobe secretly rewrote users’ computer files; even if unproven, such claims raise legal/privacy concerns and could spur negative headlines or customer pushback. Adobe accused of secretly rewriting users’ computer files

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated 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 directly owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ADBE. JPMorgan Chase & Co. decreased their price target on Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $430.00 target price on shares of Adobe in a report on Monday, March 9th. Stifel Nicolaus cut their price target on shares of Adobe from $450.00 to $400.00 and set a “buy” rating for the company in a report on Friday, March 13th. KeyCorp lowered their price objective on Adobe from $310.00 to $235.00 and set an “underweight” rating on the stock in a report on Friday, March 13th. Finally, Jefferies Financial Group cut their target price on Adobe from $400.00 to $290.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Adobe has an average rating of “Hold” and an average target price of $343.88.

Adobe Profile

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.