Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 72,188 Shares of Adobe Inc. $ADBE

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lowered its stake in Adobe Inc. (NASDAQ:ADBE) by 12.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 511,902 shares of the software company’s stock after selling 72,188 shares during the quarter. Adobe accounts for 1.6% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s portfolio, making the stock its 21st biggest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned 0.12% of Adobe worth $181,274,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in ADBE. Norges Bank purchased a new stake in Adobe during the 2nd quarter valued at $2,029,950,000. Assenagon Asset Management S.A. raised its stake in shares of Adobe by 308.1% during the second quarter. Assenagon Asset Management S.A. now owns 3,109,436 shares of the software company’s stock valued at $1,202,979,000 after acquiring an additional 2,347,562 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Adobe during the second quarter valued at about $318,224,000. Franklin Resources Inc. boosted its holdings in shares of Adobe by 68.9% during the second quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock worth $750,168,000 after purchasing an additional 791,077 shares during the period. Finally, Acadian Asset Management LLC grew its stake in shares of Adobe by 218.5% in the second quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock worth $415,434,000 after purchasing an additional 736,682 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total transaction of $50,344.12. Following the completion of the sale, the chief accounting officer directly owned 3,426 shares of the company’s stock, valued at approximately $1,157,576.88. This trade represents a 4.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.16% of the stock is owned by company insiders.

Adobe Price Performance

Adobe stock opened at $333.95 on Monday. The firm’s fifty day moving average is $337.16 and its 200 day moving average is $349.67. The company has a quick ratio of 1.02, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The company has a market cap of $139.79 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 1.31 and a beta of 1.53. Adobe Inc. has a 52-week low of $311.58 and a 52-week high of $465.70.

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

Analyst Upgrades and Downgrades

ADBE has been the topic of a number of research analyst reports. DA Davidson restated a “buy” rating and set a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. TD Cowen reduced their target price on Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. Wells Fargo & Company dropped their price target on Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research note on Thursday, November 20th. Wolfe Research cut 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. Finally, Barclays restated an “overweight” rating and issued a $415.00 price objective on shares of Adobe in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $406.44.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bullish investor write-up arguing Adobe is an undervalued, long-term compounder and urging accumulation based on its AI/product roadmap. Adobe: I’m Pounding The Table On This Unloved Compounder (Rating Upgrade)
• Positive Sentiment: Adobe expanded its AI capabilities via a multi‑year partnership with Runway to enhance Firefly video tools, supporting product differentiation and monetization of generative AI features. Adobe (ADBE) Partners With Runway to Expand Firefly AI Video Tools
• Positive Sentiment: Adobe exec coverage from CES highlights strategy on personalization and multi‑model AI integrations (Runway, 11 Labs), reinforcing the company’s roadmap to capture creative and marketing spend. Beyond Firefly: Adobe VP Allison Blais Discusses Integrating Runway, 11 Labs and the Future of Multi-Model AI
• Neutral Sentiment: Review of short‑term performance shows the stock has underperformed since the last earnings report; the piece outlines catalysts and risks that could move the stock next. Why Is Adobe (ADBE) Down 3.3% Since Last Earnings Report?
• Neutral Sentiment: Roundup of Wall Street research calls listing Adobe among top analyst actions for the day — informational context for market flow but not a single decisive call. Here Are Friday’s Top Wall Street Analyst Research Calls: Adobe, Airbnb, Altria, Crowdstrike…
• Negative Sentiment: BMO Capital Markets downgraded ADBE to Market Perform (from Outperform), citing rising competitive pressures — a near‑term catalyst for the share decline and reduced upside expectations. Adobe Stock Falls. Shares ‘Will Remain Range-Bound’ As Competition Heats Up, Analyst Says.
• Negative Sentiment: Commentary arguing Adobe’s competitive moat looks less secure as new AI entrants and specialized tools pressure pricing and share in creative/marketing workflows. Adobe’s Competitive Moat Looks Less Secure

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.