Achmea Investment Management B.V. Raises Holdings in Adobe Inc. $ADBE

Achmea Investment Management B.V. raised its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 57.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,431 shares of the software company’s stock after buying an additional 25,087 shares during the period. Achmea Investment Management B.V.’s holdings in Adobe were worth $24,139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in Adobe in the third quarter valued at about $26,000. LSV Asset Management lifted its position in Adobe by 350.0% in the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares during the last quarter. Caitlin John LLC acquired a new position in shares of Adobe during the third quarter worth approximately $28,000. Horizon Financial Services LLC boosted its position in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after acquiring an additional 80 shares during the period. Finally, Total Investment Management Inc. bought a new position in Adobe in the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Trading Up 0.9%

Adobe stock opened at $254.20 on Wednesday. The company has a market cap of $104.35 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 0.99 and a beta of 1.53. The firm has a 50-day moving average of $280.65 and a 200-day moving average of $321.32. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 1.00. Adobe Inc. has a one year low of $244.28 and a one year high of $422.95.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the previous year, the business earned $5.08 earnings per share. Adobe’s quarterly revenue was up 12.0% on a year-over-year basis. 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 analysts expect that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Strategic AI tie-up with NVIDIA to accelerate next‑gen Firefly models and agentic creative/marketing workflows — strengthens Adobe’s product moat for creative and marketing customers and signals better performance scaling on NVIDIA accelerated cloud infrastructure. Adobe and NVIDIA press release
• Positive Sentiment: Q1 beat and continued strong fundamentals: Adobe reported revenue up ~12% with an EPS beat and reiterated FY‑26 guidance, supporting longer‑term cash flow and AI‑first ARR growth. Earnings beat coverage
• Positive Sentiment: Elevated bullish options flow and large call buying suggests some traders expect near‑term upside. Options Corner video
• Neutral Sentiment: Value/buy‑the‑dip narratives are emerging (low single‑digit P/E talk and buy‑on‑dip analyses), which could attract value investors if uncertainty stabilizes. Fool: Is it time to buy?
• Neutral Sentiment: CEO Shantanu Narayen announced a phased exit; he will remain on the board which may reduce immediate succession shock but adds near‑term governance and execution uncertainty. MarketBeat: CEO transition
• Negative Sentiment: Regulatory/legal hit: Adobe agreed to settle claims over its cancellation/subscription terms for roughly $150M, a near‑term cash cost and reputational headwind. DOJ settlement coverage
• Negative Sentiment: Analyst cuts and downgrades: multiple firms have trimmed price targets and ratings in the last 48 hours, increasing near‑term selling pressure and lowering consensus upside. Analyst action roundup
• Negative Sentiment: Sector/AI disruption concerns: analysts and commentators warn that AI could weaken seat‑based pricing in creative workflows, making Adobe relatively more exposed versus usage‑based software peers. Fool: S&P 500 update
• Negative Sentiment: Rising short interest reports and broader bearish commentary suggest some investors are positioning for further downside while leadership and strategy questions remain unresolved. Short interest report

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.20% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on ADBE. HSBC set a $302.00 target price on Adobe in a report on Friday, February 13th. Wells Fargo & Company decreased their target price on Adobe from $420.00 to $405.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. Wolfe Research lowered their price objective on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. Mizuho dropped their target price on Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. Finally, Morgan Stanley reduced their price objective on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $346.42.

Adobe 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.