Talbot Financial LLC Trims Stake in Adobe Inc. $ADBE

Talbot Financial LLC trimmed its stake in Adobe Inc. (NASDAQ:ADBE) by 88.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,768 shares of the software company’s stock after selling 45,508 shares during the period. Talbot Financial LLC’s holdings in Adobe were worth $2,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Adobe in the 3rd quarter worth $26,000. Caitlin John LLC purchased a new position in Adobe during the third quarter valued at approximately $28,000. Beacon Financial Strategies CORP purchased a new position in Adobe during the fourth quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp purchased a new position in Adobe during the third quarter valued at approximately $27,000. Finally, Marquette Asset Management LLC lifted its holdings in Adobe by 72.3% during the fourth quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after purchasing an additional 34 shares in the last quarter. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ADBE. Wolfe Research lowered their price target on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Argus reaffirmed a “hold” rating on shares of Adobe in a report on Monday, March 16th. JPMorgan Chase & Co. lowered their price target on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. The Goldman Sachs Group lowered their price target on shares of Adobe from $290.00 to $220.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Finally, Morgan Stanley lowered their price target on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. One 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 given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $343.88.

Adobe Trading Up 0.6%

Adobe stock opened at $244.35 on Tuesday. The stock has a market cap of $98.77 billion, a P/E ratio of 14.23, a PEG ratio of 0.95 and a beta of 1.52. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. Adobe Inc. has a 1 year low of $233.15 and a 1 year high of $422.95. The firm’s 50 day moving average price is $261.77 and its 200-day moving average price is $310.47.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.87 by $0.19. The firm had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the business 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, equities analysts predict that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a solid quarter (EPS $6.06 vs. $5.87 est.; revenue $6.40B vs. $6.28B est.) and reiterated FY‑2026 EPS targets (23.30–23.50) and Q2 guidance, supporting near‑term upside and valuation improvement.
• Neutral Sentiment: Market coverage is highlighting notable intraday/quarterly moves and investor attention in ADBE, underscoring elevated volatility and the potential for sentiment‑driven swings. What Is Adobe Inc.’s (NASDAQ:ADBE) Share Price Doing?
• Neutral Sentiment: Analyst/compare pieces note Adobe’s strong institutional ownership and profitability metrics, providing a structural stability signal even as the stock digests recent declines. Reviewing Adobe (NASDAQ:ADBE) & SMS Alternatives (OTCMKTS:CICN)
• Neutral Sentiment: Coverage on AI startups building virtual try‑on and other retail tools flags a growing competitive cohort that could compress margins in Adobe’s retail/commerce adjacencies if customers shift to specialized AI vendors. ‘Silent killers’: How AI start-ups are trying to solve one of the retail industry’s biggest problems
• Negative Sentiment: A bearish Seeking Alpha piece urges investors to “face reality,” arguing Adobe’s growth assumptions and valuation are under pressure — such narratives can weigh on sentiment and prompt additional selling. Adobe: Stop The Wishful Thinking And Face The Reality
• Negative Sentiment: Jim Cramer and related coverage have flagged the risk of an “end of Adobe’s design dominance,” calling out the stock’s large Q1 decline and competitive threats — high‑profile criticism can amplify investor anxiety and drive short‑term outflows. Jim Cramer Discusses the Possibility of “End of Adobe’s Design Dominance”

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.