Trillium Asset Management LLC Invests $1.13 Million in Adobe Inc. $ADBE

Trillium Asset Management LLC acquired a new stake in Adobe Inc. (NASDAQ:ADBE) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,516 shares of the software company’s stock, valued at approximately $1,131,000.

Other large investors also recently bought and sold shares of the company. Western Pacific Wealth Management LP acquired a new stake in shares of Adobe during the fourth quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Adobe in the 3rd quarter worth approximately $26,000. TrustBank acquired a new position in shares of Adobe in the 4th quarter worth approximately $28,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Adobe during the 2nd quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Adobe in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe News Summary

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

Insiders Place Their Bets

In other Adobe news, Director David A. Ricks bought 10,000 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were acquired at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the transaction, the director owned 17,655 shares of the company’s stock, valued at approximately $3,434,074.05. The trade was a 130.63% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the sale, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. The trade was a 9.81% decrease in their position. The SEC filing for this sale provides additional information. 0.20% of the stock is owned by company insiders.

Adobe Trading Up 1.1%

Shares of NASDAQ:ADBE opened at $275.30 on Friday. Adobe Inc. has a 52 week low of $190.12 and a 52 week high of $370.86. The company’s 50 day moving average is $232.61 and its two-hundred day moving average is $244.99. 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 market cap of $109.43 billion, a PE ratio of 15.75, a P/E/G ratio of 0.92 and a beta of 1.40.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, beating analysts’ consensus estimates of $5.82 by $0.14. The business had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The company’s revenue was up 12.7% on a year-over-year basis. During the same period last year, the business earned $5.06 EPS. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Equities analysts predict that Adobe Inc. will post 19.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on ADBE. Phillip Securities cut Adobe from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Freedom Capital lowered Adobe from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. Sanford C. Bernstein lowered their target price on Adobe from $447.00 to $379.00 and set an “outperform” rating for the company in a report on Friday, June 12th. UBS Group lowered shares of Adobe from a “buy” rating to an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Evercore set a $225.00 price target on shares of Adobe and gave the stock an “in-line” rating in a research report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Adobe has an average rating of “Hold” and a consensus price target of $270.96.

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.