Adobe Inc. $ADBE Shares Acquired by HF Advisory Group LLC

HF Advisory Group LLC lifted its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 2,251.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 99,408 shares of the software company’s stock after purchasing an additional 95,181 shares during the quarter. HF Advisory Group LLC’s holdings in Adobe were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ADBE. CX Institutional lifted its stake in Adobe by 72.9% during the third quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after purchasing an additional 11,769 shares in the last quarter. Wright Investors Service Inc. grew its stake in shares of Adobe by 114.4% in the third quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares in the last quarter. Federated Hermes Inc. raised its holdings in shares of Adobe by 185.1% in the 3rd quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock valued at $316,913,000 after buying an additional 583,275 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Adobe by 43.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock valued at $38,309,000 after buying an additional 32,448 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in Adobe by 112.6% during the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after acquiring an additional 710,357 shares in the last quarter. 81.79% of the stock is owned by institutional investors and hedge funds.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analyst bullishness and valuation upside — some outlets highlight continued analyst interest and a consensus price target (~$310) implying meaningful upside, supporting a constructive view on ADBE’s AI transition and longer-term earnings power. Bullish Analyst Sentiment on Adobe (ADBE) Amid Ongoing AI Advancements
• Positive Sentiment: Corporate partnerships / enterprise adoption — Omnicom’s Credera launched a unified Adobe practice, signaling continued enterprise demand and ecosystem stickiness for Adobe’s cloud and marketing offerings. Partnership news can support recurring-revenue confidence. Omnicom’s Transformation Consultancy Strengthens Capabilities with the Launch of Unified Adobe Practice
• Positive Sentiment: Insider / institutional buying signal — reports that long-term funds (e.g., Bridgewater historically, and mentions of Ray Dalio interest) are associated with Adobe can boost investor confidence that value buyers are present. Adobe Inc. (ADBE): Billionaire Ray Dalio Is Buying This Software Stock
• Neutral Sentiment: Product innovation — Adobe continues product enhancements (e.g., Turntable in Illustrator), which helps retention and upsell but is incremental versus large AI/competitive risks. Adobe launches Turntable in Illustrator: All the details
• Neutral Sentiment: Recent earnings and guidance — Adobe beat Q1 estimates and gave FY/Q2 guidance (see background); that supports fundamentals, but market reaction is mixed as investors parse forward ARR trends and margin leverage. MarketBeat ADBE summary (earnings & metrics)
• Negative Sentiment: Strong sell-side action — William Blair downgraded ADBE to Market Perform and slashed its price target from $423 to $237, a substantial cut that directly pressures sentiment and could prompt short-term selling. William Blair Downgrades Adobe (ADBE) to Market Perform, Lowers PT
• Negative Sentiment: Public criticism on AI commoditization — industry commentators (SemiAnalysis, Fortune) argue AI tools risk commoditizing core creative workflows and weakening Adobe’s pricing power and net-new ARR growth — a thematic risk investors are focused on. Semianalysis CEO: Adobe faces existential threat from AI commoditization Adobe faces an AI-era test of whether the creative economy still needs it
• Negative Sentiment: Privacy/technical accusation — A recent article alleges Adobe secretly rewrote users’ computer files; even if unproven, such claims raise legal/privacy concerns and could spur negative headlines or customer pushback. Adobe accused of secretly rewriting users’ computer files

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. TD Cowen dropped their target price on Adobe from $400.00 to $325.00 and set a “hold” rating for the company in a research report on Tuesday, March 10th. William Blair cut shares of Adobe from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. BMO Capital Markets lowered their price objective on shares of Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a research note on Friday, March 13th. JPMorgan Chase & Co. dropped their price objective on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Finally, Citigroup cut their target price on shares of Adobe from $315.00 to $278.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $343.88.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by corporate insiders.

Adobe Stock Performance

Shares of Adobe stock opened at $242.92 on Friday. The business has a 50-day simple moving average of $264.14 and a 200-day simple moving average of $312.70. The company has a market cap of $98.19 billion, a PE ratio of 14.15, a P/E/G ratio of 0.94 and a beta of 1.52. Adobe Inc. has a one year low of $233.15 and a one year high of $422.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.08 earnings per share. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, equities research analysts forecast that Adobe Inc. will post 16.65 EPS for the current fiscal 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.