Addenda Capital Inc. Reduces Position in Adobe Inc. $ADBE

Addenda Capital Inc. decreased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 39.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,280 shares of the software company’s stock after selling 18,545 shares during the quarter. Addenda Capital Inc.’s holdings in Adobe were worth $9,898,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings 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 purchasing an additional 344,816 shares in the last quarter. State Street Corp raised its holdings in shares of Adobe by 1.7% in the 3rd quarter. State Street Corp now owns 20,632,009 shares of the software company’s stock valued at $7,277,941,000 after purchasing an additional 352,448 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Adobe by 53.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock valued at $1,981,448,000 after purchasing an additional 1,952,994 shares in the last quarter. Amundi raised its holdings in shares of Adobe by 17.9% in the 3rd quarter. Amundi now owns 4,888,283 shares of the software company’s stock valued at $1,711,583,000 after purchasing an additional 742,646 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Adobe by 9.4% in the 3rd quarter. Invesco Ltd. now owns 4,821,688 shares of the software company’s stock valued at $1,700,850,000 after purchasing an additional 414,526 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe Stock Down 0.3%

NASDAQ:ADBE opened at $239.31 on Thursday. The company has a market cap of $96.73 billion, a PE ratio of 13.94, a P/E/G ratio of 0.95 and a beta of 1.52. Adobe Inc. has a twelve month low of $233.15 and a twelve month high of $422.95. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. The company’s 50 day moving average is $259.42 and its two-hundred day moving average is $309.09.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. The company had revenue of $6.40 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 anticipate 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: Adobe launched Acrobat/Student Spaces, a free AI‑powered study tool aimed at students — expands Adobe’s AI product footprint, increases user engagement and top‑of‑funnel reach for future paid conversion. Adobe launches Acrobat Spaces, a free AI-powered study tool for students
• Positive Sentiment: Analysts note Adobe’s BPC (Digital Media) segment is growing from AI features and user expansion (Adobe cited as reaching ~850M users), supporting near‑term revenue and upsell opportunities. Adobe’s BPC Segment Grows From AI and User Expansion: What’s Ahead?
• Positive Sentiment: Coverage highlights Adobe “thriving” in the AI landscape — reinforcing a narrative that its entrenched workflows and AI integrations could defend pricing and retention vs. newer rivals. Adobe (ADBE) is Thriving in the AI Landscape
• Neutral Sentiment: Some outlets flag Adobe as a value/discounted long‑term buy today — a reminder that valuation re‑rating is part of investor debate even as fundamentals evolve. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Negative Sentiment: Concerns over leadership transition (planned retirement of CEO Shantanu Narayen) and intensifying AI competition have prompted analyst reassessments and investor caution — a near‑term risk to sentiment and premium valuation. Leadership Shift And AI Rivals Might Change The Case For Investing In Adobe (ADBE)

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADBE. Jefferies Financial Group reduced their price target on shares of Adobe from $400.00 to $290.00 and set a “hold” rating for the company in a report on Monday, February 23rd. Morgan Stanley reduced their price target on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Adobe in a report on Friday, March 13th. Argus reaffirmed a “hold” rating on shares of Adobe in a research report on Monday, March 16th. Finally, Sanford C. Bernstein set a $447.00 price objective on shares of Adobe and gave the stock an “outperform” rating in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.