Adobe Inc. $ADBE Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 19.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 136,309 shares of the software company’s stock after selling 33,245 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Adobe were worth $32,706,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kingswood Wealth Advisors LLC boosted its position in shares of Adobe by 11.6% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 1,986 shares of the software company’s stock worth $477,000 after purchasing an additional 206 shares in the last quarter. Samalin Investment Counsel LLC purchased a new position in shares of Adobe in the 3rd quarter valued at about $582,000. Mainsail Financial Group LLC increased its holdings in shares of Adobe by 12.2% in the 3rd quarter. Mainsail Financial Group LLC now owns 6,636 shares of the software company’s stock valued at $1,592,000 after purchasing an additional 723 shares in the last quarter. Probity Advisors Inc. lifted its stake in shares of Adobe by 24.8% in the third quarter. Probity Advisors Inc. now owns 3,505 shares of the software company’s stock valued at $841,000 after purchasing an additional 696 shares during the period. Finally, Radnor Capital Management LLC lifted its stake in shares of Adobe by 12.2% in the third quarter. Radnor Capital Management LLC now owns 9,996 shares of the software company’s stock valued at $2,398,000 after purchasing an additional 1,087 shares during the period. 81.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on ADBE shares. Evercore set a $250.00 price objective on shares of Adobe in a report on Friday, September 11th. JPMorgan Chase & Co. lowered their target price on shares of Adobe from $340.00 to $315.00 and set an “overweight” rating on the stock in a research report on Friday, September 11th. BTIG Research reaffirmed a “neutral” rating on shares of Adobe in a report on Friday, September 11th. Robert W. Baird lifted their price target on shares of Adobe from $230.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, September 11th. Finally, UBS Group boosted their price target on Adobe from $225.00 to $255.00 and gave the stock a “neutral” rating in a research note on Friday, September 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Adobe currently has a consensus rating of “Hold” and an average price target of $283.90.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe continues to benefit from high margins, substantial free cash flow, a large user base and recurring-revenue growth. Supporters argue that the stock’s relatively low valuation and continued annual recurring revenue buildup create potential for a turnaround. Adobe: Deep Value Amid Continued ARR Buildup
• Positive Sentiment: Recent AI-related partnerships, including an expanded relationship with NVIDIA and a new deal making Adobe the official AI fan-experience partner of BWT Alpine Formula One, reinforce the company’s effort to demonstrate practical uses for its AI tools and expand its brand reach. Adobe and BWT Alpine Formula One Team Partner
• Positive Sentiment: Adobe recently exceeded analysts’ quarterly EPS and revenue estimates, while management maintained fiscal 2026 earnings guidance. Those results provide fundamental support even as the share price has lagged broader technology benchmarks.
• Neutral Sentiment: Wall Street is divided: some analysts see substantial upside if Adobe converts its AI investments into monetized growth, while others remain cautious. Articles comparing Adobe with Salesforce, CrowdStrike and Arista Networks highlight that the stock’s appeal depends on an investor’s preference for valuation and profitability versus faster growth. Adobe Stock Has Been Under Pressure
• Negative Sentiment: The principal overhang is AI disruption risk. Investors remain concerned that competing tools from companies such as Anthropic and Google could reduce demand for Adobe’s traditional applications or pressure pricing through “app-less” creative workflows. Adobe: Strong Fundamentals, But AI Remains the Key Risk
• Negative Sentiment: The stock’s decline despite repeated earnings outperformance signals that investors want clearer evidence of accelerating growth and successful AI monetization before assigning Adobe a higher multiple.

Insider Activity

In other news, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the transaction, the chief accounting officer owned 3,824 shares of the company’s stock, valued at $1,010,797.92. The trade was a 9.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Shantanu Narayen sold 50,500 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the completion of the transaction, the chief executive officer directly owned 238,724 shares of the company’s stock, valued at approximately $59,578,348.68. This represents a 17.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 125,416 shares of company stock worth $31,454,466 over the last ninety days. 0.20% of the stock is owned by corporate insiders.

Adobe Stock Performance

Adobe stock opened at $263.82 on Monday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a fifty day moving average of $255.83 and a two-hundred day moving average of $243.53. The company has a market capitalization of $102.68 billion, a price-to-earnings ratio of 14.72, a PEG ratio of 0.92 and a beta of 1.42. Adobe Inc. has a fifty-two week low of $190.12 and a fifty-two week high of $363.70.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.08 by $0.05. The business had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.69 billion. Adobe had a return on equity of 65.65% and a net margin of 28.05%. The business’s revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the business earned $5.31 earnings per share. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. On average, analysts anticipate that Adobe Inc. will post 20.01 EPS for the current fiscal year.

Adobe Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.