Diversified Trust Co Boosts Stake in Adobe Inc. $ADBE

Diversified Trust Co grew its holdings in Adobe Inc. (NASDAQ:ADBE) by 16.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,207 shares of the software company’s stock after purchasing an additional 1,571 shares during the period. Diversified Trust Co’s holdings in Adobe were worth $3,953,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after acquiring an additional 167 shares during the period. Quarry LP acquired a new stake in Adobe in the 1st quarter valued at approximately $459,000. Retirement Planning Co of New England Inc. raised its position in Adobe by 26.4% in the first quarter. Retirement Planning Co of New England Inc. now owns 810 shares of the software company’s stock valued at $311,000 after purchasing an additional 169 shares during the period. Flputnam Investment Management Co. lifted its stake in Adobe by 3.9% during the first quarter. Flputnam Investment Management Co. now owns 22,799 shares of the software company’s stock worth $8,744,000 after purchasing an additional 865 shares in the last quarter. Finally, One Wealth Capital Management LLC boosted its position in shares of Adobe by 5.2% during the first quarter. One Wealth Capital Management LLC now owns 2,500 shares of the software company’s stock worth $959,000 after buying an additional 123 shares during the period. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Adobe

In related news, CAO Jillian Forusz sold 149 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares of the company’s stock, valued at $1,157,576.88. This represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

ADBE has been the topic of several research analyst reports. Piper Sandler cut their price objective on Adobe from $500.00 to $470.00 and set an “overweight” rating on the stock in a report on Friday, September 12th. Wells Fargo & Company dropped their target price on Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, November 20th. Stifel Nicolaus reduced their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Barclays restated an “overweight” rating and issued a $415.00 price objective on shares of Adobe in a report on Friday, December 5th. Finally, Cowen reaffirmed a “hold” rating on shares of Adobe in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Adobe has a consensus rating of “Hold” and a consensus target price of $417.93.

Adobe Stock Down 0.2%

ADBE stock opened at $353.16 on Tuesday. The company’s 50 day moving average price is $338.96 and its 200 day moving average price is $352.45. The firm has a market capitalization of $147.83 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 1.39 and a beta of 1.54. Adobe Inc. has a fifty-two week low of $311.58 and a fifty-two week high of $465.70. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.00.

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

Key Stores Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Coverage highlighting how AI has reshaped Adobe’s products in 2025 reinforces the company’s long‑term growth narrative and supports multiple expansion for a software company exposed to AI-driven demand. Adobe in 2025: How AI transformed creativity and productivity
• Positive Sentiment: Investor advocacy pieces and accumulation stories (e.g., a Seeking Alpha author saying they continue to buy after recent results) signal buy‑side conviction that short‑term softness is outweighed by Adobe’s long runways in Creative/Experience/AI. Why I Keep Accumulating Adobe Shares After Its Recent Earnings
• Positive Sentiment: Analyst/hedge fund coverage cited in recent write‑ups shows a majority “Buy” stance and a median price target well above current levels, supporting upside potential if execution continues. Strong Results, Softer Outlook: What’s Next for Adobe Inc. (ADBE)?
• Neutral Sentiment: Benzinga’s options note flags notable option activity — useful as a read on institutional sentiment but ambiguous without direction (could be hedging or directional bets). Traders should watch large call/put trades and open interest for near‑term signals. Adobe’s Options: A Look at What the Big Money is Thinking
• Neutral Sentiment: Macro/sector commentary (Bessemer interview on AI software) underscores that 2026 may shift focus from hardware to software — a favorable backdrop for Adobe but not an immediate catalyst. 2026 will be the year of AI software after intense focus on hardware: Bessemer’s Byron Deeter
• Neutral Sentiment: A review piece that revisits Adobe’s fundamentals offers little new near‑term catalyst but helps longer‑term investors assess valuation vs. growth. Reviewing Triple P & Adobe
• Negative Sentiment: Coverage highlighting “strong results but softer outlook” reiterates the main risk: while Adobe recently beat, management’s near‑term guidance/softness can trigger profit‑taking and weigh on the stock until visibility improves. Strong Results, Softer Outlook: What’s Next for Adobe Inc. (ADBE)?
• Neutral Sentiment: Corporate action rumor/filing involving SEMrush (vote on a $12‑per‑share takeover) surfaced — impacts are unclear for Adobe and should be treated as uncertain until details are confirmed. Semrush Sets February Vote on $12‑per‑Share Adobe Takeover

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.