Adobe Inc. $ADBE Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its position in Adobe Inc. (NASDAQ:ADBE) by 43.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 106,598 shares of the software company’s stock after purchasing an additional 32,448 shares during the period. Jones Financial Companies Lllp’s holdings in Adobe were worth $38,309,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ADBE. Norges Bank purchased a new position in shares of Adobe during the 2nd quarter worth approximately $2,029,950,000. Invesco Ltd. grew its holdings in Adobe by 16.1% during the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock valued at $1,705,043,000 after buying an additional 610,215 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Adobe by 17.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock worth $1,417,587,000 after buying an additional 548,903 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Adobe by 0.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,922,630 shares of the software company’s stock worth $1,130,707,000 after acquiring an additional 24,333 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in shares of Adobe by 3.8% in the second quarter. Schroder Investment Management Group now owns 2,137,724 shares of the software company’s stock worth $827,043,000 after acquiring an additional 78,186 shares during the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction 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 completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.16% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on ADBE shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Adobe in a research report on Monday, December 29th. Citigroup raised their price target on shares of Adobe from $366.00 to $387.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. DA Davidson reissued a “buy” rating and issued a $500.00 price objective on shares of Adobe in a research report on Thursday, December 11th. Royal Bank Of Canada restated an “outperform” rating and set a $430.00 target price on shares of Adobe in a research report on Thursday, December 11th. Finally, BMO Capital Markets downgraded Adobe from an “outperform” rating to a “market perform” rating and cut their price target for the company from $400.00 to $375.00 in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $391.81.

Adobe Stock Up 0.0%

Shares of ADBE opened at $293.38 on Tuesday. Adobe Inc. has a fifty-two week low of $284.60 and a fifty-two week high of $465.70. The company’s fifty day moving average is $328.24 and its two-hundred day moving average is $341.14. The firm has a market cap of $120.43 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.15 and a beta of 1.51. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the company posted $4.81 EPS. The business’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. Analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe opened up a capability for unlimited generations in its Firefly AI Studio, which strengthens its AI product value proposition for creatives and could help drive higher engagement and monetization of generative features. Adobe announces it will now allow for unlimited generations in its Firefly AI Studio
• Positive Sentiment: Wall Street commentary remains broadly constructive, with several analysts continuing to highlight long-term upside and Adobe’s strong cash flow profile despite near-term headwinds. Wall Street maintains a positive outlook on Adobe Inc. (ADBE)
• Positive Sentiment: Adobe’s CFOs and other executives are publicly framing AI scaling (data, governance, production) as a prioritized, measurable initiative — messaging that supports the company’s long-term AI strategy and enterprise adoption. What CFOs at Adobe, Dataminr, and Huntington say about scaling AI
• Neutral Sentiment: Competitive analysis vs. Figma highlights mixed dynamics — faster growth at peers but Adobe’s much larger free cash flow and profitability, leaving valuation and growth trade-offs in focus for investors. Better Creative Tools Stock: Figma vs. Adobe
• Neutral Sentiment: Investor interest pages (Zacks, trending stories) show elevated attention but not a clear directional signal — useful for monitoring sentiment flow rather than immediate fundamentals. Is Trending Stock Adobe Inc. (ADBE) a Buy Now?
• Neutral Sentiment: Reported short-interest figures in the feed are inconsistent/zeroed out and do not provide a reliable signal today; continue to watch published short-interest reports for confirmation.
• Negative Sentiment: Adobe will discontinue Adobe Animate (shutting down March 1, 2026) as it reallocates resources toward AI — a move that could disrupt existing Animate customers and raises questions about product retention and execution in niche creative tools. Adobe Animate is shutting down as company focuses on AI
• Negative Sentiment: Baird recently cut its price target to $350 (from $410) citing AI competition and growth hurdles; other firms have trimmed targets or ratings, adding near-term selling pressure. Baird Slashes Adobe (ADB) PT to $350 Amid AI Competition, Growth Hurdles
• Negative Sentiment: Technical/market-watchers note Adobe has seen a large pullback (TipRanks: another ~12% last month) and is approaching a “make-or-break” support level — an added technical reason for investor caution. Adobe Stock (ADBE) Draws Near to Make-or-Break Support Level

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.