Adobe Inc. $ADBE Shares Purchased by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG raised its stake in Adobe Inc. (NASDAQ:ADBE) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,031 shares of the software company’s stock after purchasing an additional 5,012 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Adobe were worth $10,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after buying an additional 167 shares during the period. Sivia Capital Partners LLC lifted its holdings in Adobe by 25.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after buying an additional 486 shares in the last quarter. United Bank boosted its position in Adobe by 12.8% in the 2nd quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after buying an additional 428 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Adobe by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after acquiring an additional 190 shares in the last quarter. Finally, Edgestream Partners L.P. grew its stake in shares of Adobe by 34.2% during the second quarter. Edgestream Partners L.P. now owns 4,291 shares of the software company’s stock valued at $1,660,000 after acquiring an additional 1,093 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Trading Down 0.7%

NASDAQ:ADBE opened at $241.37 on Thursday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $265.27 and its two-hundred day moving average is $313.19. Adobe Inc. has a 52 week low of $233.15 and a 52 week high of $422.95. The company has a market cap of $97.56 billion, a PE ratio of 14.06, a P/E/G ratio of 0.95 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share 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 during the quarter, compared to the consensus estimate of $6.28 billion. During the same period in the previous year, the business earned $5.08 EPS. The business’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, analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Insider Buying and Selling at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction 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 sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.20% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bridgewater/Ray Dalio exposure signals institutional confidence in Adobe’s long-term story; Dalio-led Bridgewater has held ADBE in 13F filings historically, which can attract investor interest and support valuation. Billionaire Ray Dalio Is Buying This Software Stock
• Positive Sentiment: Omnicom’s launch of a unified Adobe practice (through Credera/LeapPoint) expands Adobe’s enterprise integration and channel reach, potentially increasing enterprise seat sales and implementation projects. Omnicom’s Transformation Consultancy Strengthens Capabilities with the Launch of Unified Adobe Practice
• Positive Sentiment: Product momentum: Adobe’s launch of “Turntable” in Illustrator and continued Firefly custom AI model development strengthen its creative-product roadmap and stickiness with creatives — supports monetization and differentiation vs. new AI entrants. Adobe launches Turntable in Illustrator What makes Adobe Firefly’s custom AI models so exciting for creatives
• Neutral Sentiment: Analyst/investor commentary labels Adobe as undervalued or a value pick in some lists — this can attract long‑term buyers but may take time to move the stock absent stronger near‑term catalysts. 5 Most Undervalued Value Stocks to Buy Right Now
• Negative Sentiment: Despite a recent beat (quarterly EPS and revenue topped estimates and Adobe set FY‑2026 guidance), the stock was sluggish after earnings — suggests the market is already pricing future growth/AI execution risks into the shares. Adobe Is Posting Promising Earnings But The Good News Doesn’t Stop There
• Negative Sentiment: Macro/competitive concern: Coverage questioning whether the creative economy still needs Adobe in the AI era raises execution risk — investors may be cautious until Adobe proves monetization of AI features and defends its moat. Adobe faces an AI-era test of whether the creative economy still needs it
• Negative Sentiment: Sector pressure: a broader software-stock selloff is weighing on Adobe along with peers; even company‑specific positives can be muted when sentiment in the group is weak. Software Stocks: Values or Traps?

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ADBE. Sanford C. Bernstein set a $447.00 target price on Adobe and gave the stock an “outperform” rating in a research report on Friday, March 13th. TD Cowen lowered their price objective on Adobe from $400.00 to $325.00 and set a “hold” rating for the company in a research note on Tuesday, March 10th. UBS Group dropped their price objective on Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Mizuho cut 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, The Goldman Sachs Group reduced their target price on Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research note on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $343.88.

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.