Equitable Trust Co. Sells 2,414 Shares of Adobe Inc. $ADBE

Equitable Trust Co. reduced its stake in Adobe Inc. (NASDAQ:ADBE) by 43.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,092 shares of the software company’s stock after selling 2,414 shares during the period. Equitable Trust Co.’s holdings in Adobe were worth $1,091,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CX Institutional lifted its holdings in shares of Adobe by 72.9% in the 3rd quarter. CX Institutional now owns 27,922 shares of the software company’s stock valued at $9,849,000 after acquiring an additional 11,769 shares during the last quarter. Wright Investors Service Inc. raised its position in Adobe by 114.4% during the third quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after purchasing an additional 5,293 shares during the period. Federated Hermes Inc. lifted its stake 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 purchasing an additional 583,275 shares during the last quarter. Lathrop Investment Management Co. boosted its holdings in shares of Adobe by 2.8% in the 2nd quarter. Lathrop Investment Management Co. now owns 26,544 shares of the software company’s stock worth $10,269,000 after purchasing an additional 718 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Adobe by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock valued at $38,309,000 after purchasing an additional 32,448 shares during the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Trading Down 4.6%

Shares of ADBE opened at $246.68 on Tuesday. The firm has a market capitalization of $101.26 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 1.02 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a 1-year low of $244.80 and a 1-year high of $453.26. The company has a 50-day moving average of $307.24 and a 200 day moving average of $331.03.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company posted $4.81 earnings per share. 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, research analysts expect that Adobe Inc. will post 16.65 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ADBE. DA Davidson restated a “buy” rating and issued a $500.00 price target on shares of Adobe in a research report on Thursday, December 11th. TD Cowen lowered their target price on shares of Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a report on Thursday, December 11th. Morgan Stanley cut their price target on shares of Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a report on Thursday, December 11th. Wall Street Zen lowered shares of Adobe from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $392.76.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Market commentary flags Adobe as oversold vs. peers and a potential buying opportunity for longer-term investors; analysts point to improved valuation and upside if tech sentiment stabilizes. (No link available)
• Positive Sentiment: “Smart money” data suggests institutional holders are staying relatively resilient, providing some support under the decline and indicating long-term holders are not abandoning the name. Adobe (ADBE) stock has been beaten up but the smart money remains resilient
• Neutral Sentiment: Brand and outreach stories (Adobe’s creator/entrepreneur initiatives) underline product-led strengths but are unlikely to change near-term price action driven by macro/tech rotation. Adobe’s mission to empower creators; Women redefining entrepreneurship
• Negative Sentiment: Adobe hit a 52-week low, a clear technical signal that can trigger stop-losses and force selling from trend-following funds — reinforcing downside momentum. Adobe stock hits 52-week low at $251.00
• Negative Sentiment: Analysts and market write-ups note Adobe fell more than the broader market today as tech weakness, concern over AI competition and rotation into defensive sectors amplify selling pressure. Here’s Why Adobe Systems (ADBE) Fell More Than Broader Market
• Negative Sentiment: Coverage flags Adobe sits ~43% below its 52‑week high; analysts cite strong long-term growth targets but warn that fierce AI competition and near-term execution uncertainty cloud the path to a multiple re-rating. Adobe Trades 43% Below 52-Week High: Buy, Sell or Hold the Stock?
• Negative Sentiment: Investor note argues there is “no catalyst, no re‑rating” — implying the stock needs clearer evidence of sustained margin/AI-led revenue upside before multiples expand, which pressures sentiment. Adobe: No Catalyst, No Re-Rating

Insider Buying and Selling at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

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.