23,307 Shares in Adobe Inc. $ADBE Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in shares of Adobe Inc. (NASDAQ:ADBE) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,307 shares of the software company’s stock, valued at approximately $4,778,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Adobe during the second quarter worth $8,437,821,000. State Street Corp boosted its stake in shares of Adobe by 1.7% in the 3rd quarter. State Street Corp now owns 20,632,009 shares of the software company’s stock valued at $7,277,941,000 after purchasing an additional 352,448 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Adobe by 3.7% in the 4th quarter. Geode Capital Management LLC now owns 11,531,678 shares of the software company’s stock valued at $4,027,170,000 after purchasing an additional 414,049 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Adobe by 9.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock worth $1,651,066,000 after purchasing an additional 563,772 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Adobe during the 4th quarter worth about $2,275,165,000. 81.79% of the stock is currently owned by institutional investors.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bank of America raised its Adobe price target, citing the company’s potential to monetize AI and its positioning within a broader software-sector rally. The forecast increase has reinforced bullish sentiment toward ADBE. Bank of America price-target increase
• Positive Sentiment: Adobe expanded Firefly’s capabilities by making AI-generated music, voiceovers, and sound effects broadly available. The move strengthens Adobe’s creative-AI product portfolio and could support new user adoption, engagement, and revenue opportunities. Adobe Firefly audio tools
• Positive Sentiment: An Adobe survey reported that 87% of creators say AI is helping them grow their businesses. The findings support demand for Adobe’s AI tools, although survey data is not a direct measure of financial performance. Adobe creator AI report
• Neutral Sentiment: Several analysts and market commentators describe Adobe’s valuation as attractive after its recovery, with some viewing the rebound as the beginning of a stronger turnaround. However, the stock’s outlook remains dependent on converting AI interest into sustained growth and cash flow. Adobe recovery analysis
• Negative Sentiment: Adobe has risen roughly 45% from its 2026 low, prompting caution that much of the near-term recovery may already be priced in. One analysis recommends taking some profits despite still-reasonable valuation metrics. Adobe rally and valuation analysis
• Negative Sentiment: Commentary warning that profitability alone cannot protect companies from intensifying competition highlights a longer-term risk for Adobe, particularly as generative-AI rivals pressure pricing and product differentiation. Profitability and competition analysis

Adobe Trading Up 1.1%

Shares of NASDAQ ADBE opened at $275.30 on Friday. Adobe Inc. has a 1-year low of $190.12 and a 1-year high of $370.86. The company has a market cap of $109.43 billion, a PE ratio of 15.75, a P/E/G ratio of 0.93 and a beta of 1.40. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average of $232.61 and a two-hundred day moving average of $244.99.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 EPS for the quarter, beating the consensus estimate of $5.82 by $0.14. The business had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. Adobe’s revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.06 earnings per share. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. As a group, equities analysts expect that Adobe Inc. will post 19.8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on ADBE. Robert W. Baird cut their price target on shares of Adobe from $270.00 to $230.00 and set a “neutral” rating for the company in a report on Friday, June 12th. Morgan Stanley cut shares of Adobe from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $365.00 to $240.00 in a research note on Tuesday, July 21st. Stifel Nicolaus reaffirmed a “hold” rating and set a $200.00 price objective (down from $350.00) on shares of Adobe in a report on Friday, June 12th. Wolfe Research cut shares of Adobe from an “outperform” rating to a “peer perform” rating in a research note on Friday, June 12th. Finally, JPMorgan Chase & Co. reduced their target price on Adobe from $420.00 to $340.00 and set an “overweight” rating on the stock in a report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $270.96.

Insider Buying and Selling at Adobe

In related news, CAO Jillian Forusz sold 416 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the transaction, the chief accounting officer owned 3,824 shares in the company, valued at $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David A. Ricks acquired 10,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the completion of the transaction, the director owned 17,655 shares of the company’s stock, valued at approximately $3,434,074.05. This trade represents a 130.63% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.20% of the company’s stock.

Adobe Company Profile

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.