BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $271.47 Million Position in Adobe Inc. $ADBE

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Adobe Inc. (NASDAQ:ADBE) by 16.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 770,824 shares of the software company’s stock after acquiring an additional 110,166 shares during the quarter. Adobe comprises 0.7% of BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s portfolio, making the stock its 26th largest position. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.18% of Adobe worth $271,471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Harold Davidson & Associates Inc. increased its holdings in Adobe by 1.1% in the third quarter. Harold Davidson & Associates Inc. now owns 4,992 shares of the software company’s stock valued at $1,761,000 after purchasing an additional 55 shares during the last quarter. Alberta Investment Management Corp increased its stake in shares of Adobe by 16.4% in the 3rd quarter. Alberta Investment Management Corp now owns 19,200 shares of the software company’s stock valued at $6,773,000 after acquiring an additional 2,700 shares during the last quarter. Studio Investment Management LLC raised its position in shares of Adobe by 24.1% in the 3rd quarter. Studio Investment Management LLC now owns 3,853 shares of the software company’s stock valued at $1,359,000 after acquiring an additional 747 shares during the period. Pzena Investment Management LLC boosted its stake in Adobe by 37.6% during the 3rd quarter. Pzena Investment Management LLC now owns 802 shares of the software company’s stock worth $283,000 after acquiring an additional 219 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its stake in Adobe by 5.1% during the 3rd quarter. Essex Financial Services Inc. now owns 8,638 shares of the software company’s stock worth $3,047,000 after acquiring an additional 417 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Valuation/deep‑value narrative — Several pieces (including a Yahoo review) note the recent pullback has brought Adobe back into investor focus as a lower‑multiple, cash‑generative software name; this could attract value buyers if macro sentiment stabilizes. Assessing Adobe’s Valuation As Recent Share Performance Brings The Stock Back Into Focus
• Positive Sentiment: Long‑term track record highlighted — A Benzinga piece reminding investors of Adobe’s multi‑decade returns can support buy‑and‑hold narratives and institutional interest on any sustained signs of stabilization. Here’s How Much You Would Have Made Owning Adobe Stock In The Last 20 Years
• Neutral Sentiment: Short‑interest data appears unreliable — Reported February short‑interest shows “0” shares and NaN changes, implying a data or reporting issue; do not read meaningful positioning conclusions from that print.
• Negative Sentiment: Heavy bearish options flow — Unusually large put buying (about 188,902 puts, ~+248% vs. average) indicates traders are positioning for further downside or hedging, which can accelerate selling pressure and widen intraday moves.
• Negative Sentiment: Growing Wall Street caution — Coverage noting analysts turning cautious and headlines calling Adobe “in trouble” (InsiderMonkey) increase the risk of downgrades or target‑price cuts that can weigh on the stock. Why Wall Street Is Turning Cautious on Adobe Inc. (ADBE)
• Negative Sentiment: High‑profile skepticism — Commentary from TV/influencers (e.g., Jim Cramer) calling Adobe “in trouble” can amplify retail selling and sentiment‑driven flows. Jim Cramer Believes Adobe’s (ADBE) In Trouble
• Negative Sentiment: Competitive/sector risk from AI winners — Figma’s strong Q4 and its Anthropic integration reinforce a narrative that AI can reshape design workflows; that raises competitive risk and keeps pressure on incumbents like Adobe. Figma’s Anthropic Integration Could Flip the SaaSpocalypse Script (ADBE)
• Negative Sentiment: Broader sector weakness — Reports about other software names issuing cautious guidance (e.g., Palo Alto) are contributing to a risk‑off tone across software and AI‑exposed names, which can depress Adobe alongside peers. Palo Alto shares sink 8%, CEO defends cybersecurity’s position as AI hits software stocks

Insider Transactions at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction dated 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 transaction, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.16% of the company’s stock.

Adobe Trading Down 1.5%

NASDAQ ADBE opened at $259.21 on Friday. Adobe Inc. has a 52 week low of $251.10 and a 52 week high of $461.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s 50 day moving average price is $311.28 and its two-hundred day moving average price is $332.38. The stock has a market capitalization of $106.41 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 1.03 and a beta of 1.51.

Adobe (NASDAQ:ADBE) last issued its quarterly 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. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the business earned $4.81 EPS. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ADBE has been the subject of several recent analyst reports. Robert W. Baird set a $350.00 target price on shares of Adobe in a research note on Wednesday, January 14th. Wolfe Research decreased their price target on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Thursday, December 11th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $430.00 price objective on shares of Adobe in a research note on Thursday, December 11th. Piper Sandler lowered Adobe from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $470.00 to $330.00 in a report on Monday, February 2nd. Finally, Wall Street Zen cut Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Adobe currently has a consensus rating of “Hold” and an average price target of $397.16.

About Adobe

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.