Shell Asset Management Co. Lowers Stock Holdings in Adobe Inc. $ADBE

Shell Asset Management Co. reduced its position in Adobe Inc. (NASDAQ:ADBE) by 63.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,705 shares of the software company’s stock after selling 15,047 shares during the quarter. Shell Asset Management Co.’s holdings in Adobe were worth $3,071,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. LSV Asset Management grew its position in shares of Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares in the last quarter. Horizon Financial Services LLC raised its position in shares of Adobe by 4,000.0% in the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after buying an additional 80 shares in the last quarter. Total Investment Management Inc. bought a new stake in Adobe during the second quarter valued at $35,000. Heartwood Wealth Advisors LLC bought a new stake in Adobe during the third quarter valued at $35,000. Finally, Howard Hughes Medical Institute purchased a new position in Adobe during the second quarter worth about $36,000. Institutional investors own 81.79% of the company’s stock.

Adobe Trading Up 0.6%

ADBE stock opened at $263.97 on Friday. The company has a market capitalization of $108.36 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 1.04 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. Adobe Inc. has a one year low of $251.10 and a one year high of $464.99. The company’s 50 day moving average price is $317.89 and its two-hundred day moving average price is $334.86.

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

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.16% of the company’s stock.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarter that beat estimates and provided solid FY‑2026 and Q1 guidance, underpinning its cash flow and margins — a primary bullish catalyst for valuation recovery.
• Positive Sentiment: Bullish research/opinion pieces argue Adobe is materially undervalued and present buy cases highlighting its durable SaaS economics and franchise strength. Adobe: Outstanding Business At Outstanding Price
• Positive Sentiment: Adobe deepened its alliance with Cognizant to accelerate enterprise generative‑AI adoption — a strategic partnership that could help drive enterprise SaaS revenues and offset competitive threats. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Neutral Sentiment: Zacks and other media note that Adobe is a trending stock and summarize factors investors should monitor (valuation, AI exposure, product momentum) without a definitive directional signal. Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average rating — suggests mixed views and limited near‑term conviction from sell‑side. Adobe Inc. (NASDAQ:ADBE) Given Average Rating of “Hold” by Brokerages
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN values and a 0.0 days‑to‑cover figure — this looks like a data anomaly and shouldn’t be read as a real change in positioning.
• Negative Sentiment: Analysts have been downgrading Adobe amid fears that generative AI could disrupt parts of its business, and some research houses have reiterated sell calls — creating nearer‑term selling pressure. Analysts are downgrading Adobe Inc. (ADBE), Here’s What You Should Know
• Negative Sentiment: Sector headlines and commentators point to a tech/software sell‑off driven by AI fears and macro uncertainties; Adobe has traded off with peers and has posted steeper declines at times. 3 Historically Cheap Software Stocks Begging to Be Bought Amid the Recent Tech Rout AI wreaking havoc across software stocks, job losses might follow: Tom Lee
• Negative Sentiment: Recent market coverage notes Adobe has at times fallen faster than the broader market, reflecting heightened investor sensitivity to sector risk. Adobe Systems (ADBE) Falls More Steeply Than Broader Market

Analysts Set New Price Targets

ADBE has been the topic of several recent analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. Piper Sandler downgraded shares of Adobe from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $470.00 to $330.00 in a research note on Monday, February 2nd. HSBC set a $302.00 target price on shares of Adobe in a research report on Friday. Wall Street Zen lowered shares of Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Citigroup raised their price objective on shares of Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $397.16.

Adobe 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.