Caisse Des Depots ET Consignations Acquires 3,637 Shares of Adobe Inc. $ADBE

Caisse Des Depots ET Consignations increased its position in Adobe Inc. (NASDAQ:ADBE) by 19.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 22,014 shares of the software company’s stock after acquiring an additional 3,637 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Adobe were worth $7,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Adobe by 0.8% in the third quarter. Vanguard Group Inc. now owns 41,369,395 shares of the software company’s stock valued at $14,593,054,000 after acquiring an additional 344,816 shares in the last quarter. State Street Corp lifted its position in shares of Adobe by 1.7% in the third quarter. State Street Corp now owns 20,632,009 shares of the software company’s stock worth $7,277,941,000 after buying an additional 352,448 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Adobe by 53.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock worth $1,981,448,000 after acquiring an additional 1,952,994 shares during the last quarter. Amundi increased its stake in Adobe by 17.9% during the third quarter. Amundi now owns 4,888,283 shares of the software company’s stock worth $1,711,583,000 after acquiring an additional 742,646 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Adobe by 9.4% during the third quarter. Invesco Ltd. now owns 4,821,688 shares of the software company’s stock worth $1,700,850,000 after acquiring an additional 414,526 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. KeyCorp reduced their price objective on Adobe from $310.00 to $235.00 and set an “underweight” rating on the stock in a research note on Friday, March 13th. Robert W. Baird set a $350.00 target price on Adobe in a research note on Wednesday, January 14th. Mizuho reissued a “neutral” rating and issued a $270.00 price objective (down from $315.00) on shares of Adobe in a research note on Monday. William Blair cut Adobe from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Finally, BTIG Research assumed coverage on Adobe in a research note on Monday, April 13th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $338.15.

Adobe Price Performance

Shares of ADBE opened at $250.71 on Friday. The business’s 50-day moving average is $250.36 and its two-hundred day moving average is $297.20. The company has a market capitalization of $101.34 billion, a P/E ratio of 14.60, a P/E/G ratio of 0.96 and a beta of 1.42. 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 Inc. has a fifty-two week low of $224.13 and a fifty-two week high of $422.95.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. The company had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period last year, the firm earned $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Research analysts predict that Adobe Inc. will post 19.14 earnings per share for the current year.

Adobe announced that its Board of Directors has initiated a share repurchase plan on Tuesday, April 21st that permits the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization permits the software company to buy up to 24.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other Adobe news, CAO Jillian Forusz sold 755 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the sale, the chief accounting officer directly owned 3,521 shares in the company, valued at approximately $867,046.25. The trade was a 17.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total value of $18,265,500.00. Following the sale, the chief executive officer owned 359,538 shares of the company’s stock, valued at approximately $87,561,884.52. This trade represents a 17.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 77,091 shares of company stock worth $18,782,773 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 beat and confident guidance: Adobe reported Q1 results and guidance that topped expectations, reinforcing near-term revenue and margin visibility — a key catalyst supporting the rally. Read More.
• Positive Sentiment: $25 billion buyback: The Board authorized a $25B repurchase program (~24.9% of shares outstanding), which supports EPS, reduces float and signals management confidence — a material capital-return tailwind. Read More.
• Positive Sentiment: AI/product momentum: Adobe is pushing agentic and creative AI (Firefly public launch, Summit announcements and third?party integrations like Anthropic/Claude), which expands stickiness for Creative Cloud and enterprise CX offerings. These product moves support longer?term growth expectations. Read More. and Read More.
• Neutral Sentiment: Valuation debate and YTD weakness: Commentary asks whether the ~26% YTD decline creates a buying opportunity or reflects genuine execution/valuation concerns — useful for longer?term investors assessing risk/reward. Read More.
• Neutral Sentiment: Analyst/peer context: Comparative analysis versus peers (e.g., Salesforce) highlights steady revenue but differences in margin/scale — relevant for relative valuation and sector allocation but not an immediate stock mover. Read More.
• Neutral Sentiment: Options/trader interest: Elevated option strategies and trading writeups are driving short?term flows and volatility but don’t alter fundamentals. Read More.
• Negative Sentiment: Insider sale: CEO Shantanu Narayen sold 75,000 shares (~$18.3M disclosed), which can unsettle some investors even if the sale is personal or pre?planned. Read More.
• Negative Sentiment: Legal/litigation risk: An investor lawsuit alleges copyright issues around AI training data — potential reputational, regulatory and litigation exposure that could pressure sentiment if it escalates. Read More.

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.