Colonial Trust Advisors Has $44,000 Stock Holdings in Adobe Inc. $ADBE

Colonial Trust Advisors reduced its position in Adobe Inc. (NASDAQ:ADBE) by 98.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125 shares of the software company’s stock after selling 7,340 shares during the period. Colonial Trust Advisors’ holdings in Adobe were worth $44,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Adobe by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 41,369,395 shares of the software company’s stock valued at $14,593,054,000 after acquiring an additional 344,816 shares in the last quarter. Norges Bank acquired a new position in Adobe during the 2nd quarter valued at $2,029,950,000. Invesco Ltd. raised its position in shares of Adobe by 16.1% during the second 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 lifted its position in shares of Adobe by 17.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock worth $1,417,587,000 after acquiring an additional 548,903 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in 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 purchasing an additional 24,333 shares during the period. Institutional investors own 81.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADBE. Citigroup lifted their price objective on Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. TD Cowen cut their price target 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. BMO Capital Markets cut shares of Adobe from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $400.00 to $375.00 in a research note on Friday, January 9th. Robert W. Baird set a $350.00 target price on shares of Adobe in a research note on Wednesday, January 14th. Finally, Oppenheimer lowered Adobe from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $392.76.

Insiders Place Their Bets

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by insiders.

Adobe Stock Performance

Shares of Adobe stock opened at $257.81 on Thursday. Adobe Inc. has a 52 week low of $244.28 and a 52 week high of $453.26. 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 has a market capitalization of $105.83 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.00 and a beta of 1.51. The firm has a fifty day moving average of $303.45 and a two-hundred day moving average of $329.92.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the company posted $4.81 earnings per share. The firm’s 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. As a group, equities research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analyst/coverage optimism — Zacks highlights Adobe’s expanded AI partnerships and deeper embedding of Firefly and Acrobat AI as catalysts that could revive growth after a weak period. AI Efforts & Rich Partner Base: Adobe Stock Set for Recovery?
• Positive Sentiment: Some sell-side/market commentators still see value — Piper Sandler commentary remains constructive despite a downgrade and lower target, and MarketBeat pieces frame the pullback as a potential buying opportunity in tech. Piper Sandler Remains Positive on Adobe Inc. (ADBE) Despite Concerns
• Neutral Sentiment: Options traders are targeting income/neutral strategies (e.g., short iron condor) to profit from compressed volatility after the selloff — indicates some traders expect limited near-term directional move. 1 Picture-Perfect Short Iron Condor Trade Returning 35% on Adobe Stock Now
• Neutral Sentiment: Short-interest postings in the feeds show zeros/NaN and appear to be data artifacts rather than meaningful new short positions — not a reliable signal at present.
• Negative Sentiment: Downgrades and growth concerns — multiple banks cut ratings or flagged slowing revenue durability and rising AI competition, which has been a key driver of the recent multi-week selloff. Adobe Downgrades Spotlight AI Competition And Questions Around Growth Durability
• Negative Sentiment: Market narrative and competitive moves — deep-dive pieces question whether Adobe is a value opportunity or a performance trap after heavy YTD and 1-year declines; competitors (e.g., Canva acquisitions) and broader AI shifts add downside risk. How Low Can Adobe Stock Go?

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.