Adobe Inc. $ADBE Stock Position Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its position in shares of Adobe Inc. (NASDAQ:ADBE) by 319.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 38,768 shares of the software company’s stock after purchasing an additional 29,518 shares during the period. International Assets Investment Management LLC’s holdings in Adobe were worth $9,302,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CHICAGO TRUST Co NA bought a new stake in Adobe during the 3rd quarter valued at about $751,000. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Adobe by 35.4% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 359,612 shares of the software company’s stock worth $86,285,000 after buying an additional 94,091 shares in the last quarter. Soltis Investment Advisors LLC lifted its stake in shares of Adobe by 129.4% in the third quarter. Soltis Investment Advisors LLC now owns 3,707 shares of the software company’s stock worth $889,000 after buying an additional 2,091 shares in the last quarter. United Asset Strategies Inc. lifted its stake in shares of Adobe by 20.7% in the third quarter. United Asset Strategies Inc. now owns 7,935 shares of the software company’s stock worth $1,904,000 after buying an additional 1,359 shares in the last quarter. Finally, Choreo LLC grew its holdings in shares of Adobe by 16.7% during the third quarter. Choreo LLC now owns 7,755 shares of the software company’s stock valued at $1,861,000 after buying an additional 1,109 shares during the last quarter. 81.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Adobe from $340.00 to $315.00 and set an “overweight” rating for the company in a research report on Friday, September 11th. HSBC downgraded Adobe from a “buy” rating to a “hold” rating and cut their target price for the company from $310.00 to $267.00 in a research note on Tuesday, October 13th. Robert W. Baird lifted their target price on Adobe from $230.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, September 11th. TD Cowen restated a “hold” rating and issued a $245.00 price target on shares of Adobe in a research note on Wednesday, September 9th. Finally, CLSA began coverage on Adobe in a research note on Monday, July 20th. They issued an “outperform” rating and a $300.00 price target for the company. Nine analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, Adobe currently has an average rating of “Hold” and a consensus price target of $283.90.

Adobe Price Performance

Shares of NASDAQ:ADBE opened at $250.23 on Friday. The firm’s 50 day moving average price is $254.37 and its 200-day moving average price is $250.98. Adobe Inc. has a twelve month low of $190.12 and a twelve month high of $362.71. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $97.39 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 0.87 and a beta of 1.42.

Adobe (NASDAQ:ADBE) last announced its earnings results 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. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The company had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same period in the previous year, the business posted $5.31 earnings per share. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Equities research analysts expect that Adobe Inc. will post 20.01 EPS for the current year.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s partnership with Alpine aims to use AI to enhance fan engagement by 2027, providing a potential new commercial application for Adobe’s AI capabilities. The announcement appears to be supporting investor sentiment. Adobe stock gains as Alpine AI partnership targets 2027 fan engagement
• Positive Sentiment: Analyst commentary favors Adobe over Pegasystems, citing stronger revenue growth, expanding AI monetization and a lower valuation. Adobe’s established creative and document-software franchises also continue to support roughly 30% net margins. ADBE vs. PEGA: Which Enterprise Software Stock Has an Edge?
• Positive Sentiment: Adobe recently exceeded quarterly EPS and revenue expectations, while management’s full-year guidance indicates continued earnings growth. Its comparatively low valuation may attract value-oriented investors after the prolonged selloff.
• Neutral Sentiment: Adobe is scheduled to report its next quarterly results, with analysts expecting double-digit year-over-year EPS growth. The report could become the next major catalyst, particularly for evidence that AI adoption is translating into revenue. What to Expect From Adobe’s Next Quarterly Earnings Report
• Neutral Sentiment: Adobe joined other companies challenging the trading of tokenized versions of their shares on the OKX-ICE platform, arguing that unregulated products could weaken shareholder protections. The move is mainly a corporate-governance matter rather than a direct earnings catalyst. Adobe joins companies challenging tokenized stock trading
• Negative Sentiment: Adobe remains down substantially for the year as investors worry that generative-AI competitors could pressure its core creative-software business and challenge future growth. The market is therefore likely to demand tangible AI monetization in upcoming results. Adobe drops 29% year to date

Insider Activity

In other news, CEO Shantanu Narayen sold 50,500 shares of the business’s stock in a transaction 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 sale, the chief executive officer owned 238,724 shares of the company’s stock, valued at $59,578,348.68. The trade was a 17.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

Adobe Company 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.