Grantham Mayo Van Otterloo & Co. LLC Raises Stock Position in Adobe Inc. $ADBE

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Adobe Inc. (NASDAQ:ADBE) by 98.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 8,597 shares of the software company’s stock after buying an additional 4,260 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Adobe were worth $3,033,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in ADBE. Brighton Jones LLC increased its position in shares of Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after purchasing an additional 167 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Adobe by 25.5% in the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after buying an additional 486 shares during the last quarter. United Bank lifted its position in Adobe by 12.8% in the second quarter. United Bank now owns 3,773 shares of the software company’s stock worth $1,460,000 after buying an additional 428 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Adobe by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock worth $1,017,000 after buying an additional 190 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Adobe by 13.2% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 54,366 shares of the software company’s stock worth $21,033,000 after buying an additional 6,331 shares during the period. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Oppenheimer downgraded shares of Adobe from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 13th. Robert W. Baird set a $350.00 price target on shares of Adobe in a research note on Wednesday, January 14th. Wall Street Zen upgraded shares of Adobe from a “hold” rating to a “buy” rating in a report on Saturday. Mizuho decreased their price objective on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Finally, UBS Group decreased their price objective on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $383.08.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched conversational AI editing in Photoshop and smarter Firefly image‑editing tools (public beta), enhancing product differentiation and upsell potential for Creative Cloud customers. Read More.
• Positive Sentiment: Adobe expanded its MLB partnership to deliver AI‑driven fan experiences — a commercial reference point that can help sell Adobe Experience Cloud and related services to large brands. Read More.
• Neutral Sentiment: Market focus on Q1 results (reporting March 12) is raising volatility — options traders expect a sizeable move and several earnings previews highlight that revenue/EPS beats or a cautious guide could swing the stock either way. Read More.
• Negative Sentiment: Multiple analysts trimmed targets and tone: TD Cowen cut its PT to $325 (hold) and Citigroup reduced its target as well — analyst downgrades are weighing on sentiment and were cited as a near‑term catalyst for the selloff. Read More.
• Negative Sentiment: Short interest rose in February to ~14.3M shares (about 3.5% of shares outstanding, ~2.9 days to cover) — higher short exposure increases downside pressure and volatility into earnings. (Data reported in market notices.)
• Negative Sentiment: Emerging competitors and open‑source AI initiatives (e.g., Veeso, Nvidia’s NemoClaw) highlight intensifying competition in AI‑driven design tools, which could pressure growth assumptions if Adobe’s commercial traction lags. Read More. and Read More.

Adobe Trading Down 2.6%

NASDAQ ADBE opened at $275.13 on Wednesday. The stock has a market cap of $112.94 billion, a PE ratio of 16.47, a PEG ratio of 1.11 and a beta of 1.53. Adobe Inc. has a 12 month low of $244.28 and a 12 month high of $443.90. The company’s 50-day moving average price is $288.69 and its 200-day moving average price is $324.75. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating analysts’ consensus estimates of $5.40 by $0.10. The company had revenue of $6.19 billion during 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 revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter last year, the business posted $4.81 EPS. Equities research analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

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.