Adelphi Trust Co Invests $883,000 in Adobe Inc. $ADBE

Adelphi Trust Co bought a new position in shares of Adobe Inc. (NASDAQ:ADBE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,522 shares of the software company’s stock, valued at approximately $883,000.

A number of other institutional investors and hedge funds have also modified their holdings of ADBE. Arrowstreet Capital Limited Partnership increased its stake in shares of 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 purchasing an additional 1,952,994 shares in the last quarter. Dodge & Cox increased its stake in shares of Adobe by 8,006.6% during the third quarter. Dodge & Cox now owns 1,593,506 shares of the software company’s stock worth $562,109,000 after purchasing an additional 1,573,849 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Adobe by 55.2% during the third quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock worth $912,705,000 after purchasing an additional 920,353 shares in the last quarter. Amundi increased its stake in shares of 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 purchasing an additional 742,646 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Adobe by 112.6% during the third quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after purchasing an additional 710,357 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

NASDAQ:ADBE opened at $244.66 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $98.89 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 0.92 and a beta of 1.52. The company’s 50-day moving average is $254.34 and its two-hundred day moving average is $304.77. Adobe Inc. has a 1-year low of $224.13 and a 1-year high of $422.95.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ADBE shares. Robert W. Baird set a $350.00 price target on shares of Adobe in a research report on Wednesday, January 14th. KeyCorp lowered their price target on shares of Adobe from $310.00 to $235.00 and set an “underweight” rating on the stock in a research report on Friday, March 13th. JPMorgan Chase & Co. lowered their price target on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Stifel Nicolaus lowered their price target on shares of Adobe from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Finally, Mizuho lowered their price target on shares of Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $343.88.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe unveiled the Firefly AI Assistant — a conversational creative agent that can orchestrate tasks across Photoshop, Premiere Pro and other Creative Cloud apps, positioning Adobe to commercialize generative AI across its suite. Adobe releases AI assistant for creative tools, says it will work with Anthropic’s Claude
• Positive Sentiment: Adobe announced a connector to Anthropic’s Claude so Firefly capabilities will be available via Claude users — a strategic partnership that reduces friction vs. competing AI‑only entrants and may accelerate enterprise adoption. Adobe to Integrate New AI Assistant With Anthropic’s Claude
• Positive Sentiment: Product innovation continues: Adobe previewed new editing features (Premiere Pro Color Mode) and Firefly updates that reinforce its competitive moat in pro video/photo workflows — positive for retention and upsell in Creative Cloud. Adobe Premiere Color Mode First Look
• Neutral Sentiment: Adobe announced an investor session at Adobe Summit (Apr 21) where execs will outline strategy and product roadmaps — a near‑term event where management could provide additional details that move the stock. Adobe to Host Investor Session at Adobe Summit
• Neutral Sentiment: Partnerships and ecosystem integrations (e.g., Talon.One with Adobe Experience Platform) expand Adobe’s enterprise footprint but are incremental near‑term revenue drivers. Talon.One Releases Integration With Adobe Experience Platform
• Negative Sentiment: Anthropic is reportedly preparing its own AI design tool (websites, presentations) that would compete directly with Adobe and Figma — a potential long‑term competitive threat to Creative Cloud usage. Anthropic’s New Design Tool Rivals Adobe and Figma
• Negative Sentiment: Adobe issued an emergency patch for a PDF/Acrobat zero‑day that had been exploited — a reminder of security risk exposure; the quick fix limits downside but is a short‑term negative headline. Adobe rolls out emergency fix for Acrobat, Reader zero-day flaw
• Negative Sentiment: Competitive product moves (e.g., Blackmagic DaVinci Resolve adding photo editing capabilities) increase pressure on Adobe’s standalone creative products, particularly among price‑sensitive users. Blackmagic’s DaVinci Resolve 21 takes on Adobe Lightroom with a new Photo page

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.20% of the stock is owned by insiders.

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.