S Bank Fund Management Ltd Boosts Stock Holdings in Adobe Inc. $ADBE

S Bank Fund Management Ltd lifted its position in Adobe Inc. (NASDAQ:ADBE) by 362.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 19,358 shares of the software company’s stock after acquiring an additional 15,176 shares during the quarter. S Bank Fund Management Ltd’s holdings in Adobe were worth $6,775,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RFG Advisory LLC lifted its position in shares of Adobe by 38.5% during the fourth quarter. RFG Advisory LLC now owns 3,747 shares of the software company’s stock valued at $1,311,000 after purchasing an additional 1,041 shares in the last quarter. Stevens Capital Management LP grew its position in Adobe by 6.1% in the 4th quarter. Stevens Capital Management LP now owns 8,720 shares of the software company’s stock worth $3,052,000 after purchasing an additional 500 shares in the last quarter. Swedbank AB grew its position in Adobe by 2.7% in the 4th quarter. Swedbank AB now owns 809,241 shares of the software company’s stock worth $283,226,000 after purchasing an additional 21,657 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Adobe by 5.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 923,527 shares of the software company’s stock valued at $307,812,000 after buying an additional 44,938 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC bought a new position in shares of Adobe during the 4th quarter worth approximately $276,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on ADBE shares. Sanford C. Bernstein set a $447.00 target price on Adobe and gave the stock an “outperform” rating in a research note on Friday, March 13th. UBS Group decreased their price target on Adobe from $290.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. BMO Capital Markets cut their price objective on Adobe from $375.00 to $285.00 and set a “market perform” rating on the stock in a research report on Friday, March 13th. The Goldman Sachs Group reduced their price objective on Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research note on Friday, March 13th. Finally, Royal Bank Of Canada decreased their target price on Adobe from $400.00 to $350.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $338.15.

Adobe Trading Up 0.7%

Shares of ADBE stock opened at $255.62 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The firm has a market cap of $103.32 billion, a P/E ratio of 14.89, a PEG ratio of 0.99 and a beta of 1.42. The company has a 50 day moving average of $250.30 and a 200-day moving average of $296.10. Adobe Inc. has a 12-month low of $224.13 and a 12-month high of $422.95.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the prior year, the business earned $5.08 earnings per share. Adobe’s revenue for the quarter was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Sell-side analysts anticipate that Adobe Inc. will post 19.14 earnings per share for the current year.

Adobe announced that its board has initiated a stock repurchase plan on Tuesday, April 21st that allows the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization allows the software company to buy up to 24.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe announced a $25 billion share buyback; investors view this as management signaling the shares are undervalued, improving EPS and returning cash to shareholders — a clear catalyst supporting the rally. Adobe’s $25 Billion Buyback Sends a Clear Signal. Yet Shares Remain Dirt Cheap.
• Positive Sentiment: Adobe finalized the acquisition of Semrush, bolstering its agentic AI and brand-visibility capabilities (SEO, competitive intelligence) that can drive higher-margin services and cross-sell into marketing/business customers. Adobe (ADBE) Finalizes Acquisition of Semrush Holdings to Power Agentic AI Brand Visibility
• Positive Sentiment: Adobe is partnering with Dick’s Sporting Goods to deploy AI “coaches,” showing commercial adoption of Adobe’s AI tools outside core creative suites — a signal of product-market traction and new enterprise use cases. Dick’s Partners With Adobe for AI Coaches
• Neutral Sentiment: Media coverage (Zacks, Yahoo) lists ADBE as a “trending” stock; this can boost retail interest and volume but is not a fundamental shift. Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Legislative mention (H.R.8499) references Adobe as a potential software provider for campus training/resources; this is peripheral and unlikely to move fundamentals materially. New Bill: Representative Monica De La Cruz introduces H.R. 8499: Saving Lives on Campuses Act of 2026
• Negative Sentiment: Insiders sold roughly US$19M of ADBE shares over the past year; while common for executives to diversify, such sales can create short-term negative sentiment or be interpreted as reduced insider conviction. Adobe Insiders Sold US$19m Of Shares Suggesting Hesitancy

Insider Activity

In other news, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the transaction, the chief executive officer owned 359,538 shares of the company’s stock, valued at $87,561,884.52. This represents a 17.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Daniel Durn sold 1,336 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $248.02, for a total value of $331,354.72. Following the transaction, the chief financial officer owned 42,833 shares of the company’s stock, valued at $10,623,440.66. The trade was a 3.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 77,091 shares of company stock valued at $18,782,773 in the last 90 days. Insiders own 0.20% of the company’s stock.

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.