Adobe Inc. $ADBE Stock: Ninety One UK Ltd Reduces Position

Ninety One UK Ltd reduced its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 263,550 shares of the software company’s stock after selling 4,820 shares during the quarter. Ninety One UK Ltd owned approximately 0.07% of Adobe worth $63,236,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sankala Group LLC purchased a new position in shares of Adobe during the 4th quarter worth approximately $31,000. Hyposwiss Advisors SA acquired a new position in shares of Adobe during the 4th quarter worth approximately $35,000. Abound Financial LLC acquired a new position in shares of Adobe during the 4th quarter worth approximately $37,000. Dunhill Financial LLC purchased a new stake in Adobe in the 2nd quarter valued at approximately $95,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in Adobe by 555.6% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 118 shares of the software company’s stock valued at $41,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Citigroup reissued a “market perform” rating on shares of Adobe in a research note on Friday, September 11th. Robert W. Baird raised their price target on shares of Adobe from $230.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, September 11th. BMO Capital Markets lifted their price target on shares of Adobe from $230.00 to $270.00 and gave the stock a “market perform” rating in a report on Friday, September 11th. UBS Group lifted their price target on shares of Adobe from $225.00 to $255.00 and gave the stock a “neutral” rating in a report on Friday, September 11th. Finally, The Goldman Sachs Group boosted their price objective on shares of Adobe from $190.00 to $200.00 and gave the company a “sell” rating in a research report on Monday, September 14th. Nine equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $283.90.

Adobe Trading Up 3.9%

Adobe stock traded up $9.45 during trading on Thursday, hitting $250.13. The company’s stock had a trading volume of 3,224,310 shares, compared to its average volume of 5,702,418. The stock’s fifty day moving average is $257.14 and its 200 day moving average is $242.83. Adobe Inc. has a 1-year low of $190.12 and a 1-year high of $363.70. The stock has a market capitalization of $97.35 billion, a price-to-earnings ratio of 13.96, a P/E/G ratio of 0.82 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.08 by $0.05. Adobe had a return on equity of 65.65% and a net margin of 28.05%. The firm had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same period last year, the company earned $5.31 EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. As a group, equities research analysts predict that Adobe Inc. will post 20.01 EPS for the current year.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Investors may be giving greater weight to Adobe’s latest results, which exceeded consensus estimates for revenue and earnings, alongside fiscal 2026 guidance calling for approximately $26.5 billion-$26.6 billion in revenue and non-GAAP EPS of roughly $24.35-$24.45. Adobe Gains as Investors Appear to Reassess Recent Selloff
• Positive Sentiment: An expanded partnership with Heathrow Airport involving agentic AI and customer-experience tools provides evidence that Adobe’s AI products are attracting large enterprise customers, supporting the case that Firefly and GenStudio can contribute to future growth. Adobe Gains as Investors Appear to Reassess Recent Selloff
• Positive Sentiment: Adobe’s high margins, strong cash-flow generation, double-digit revenue growth, and comparatively lower valuation may be encouraging dip-buying after the stock’s recent weakness. Capitalizing on Adobe’s High-Margin Platform and Free Cash Flow Generation

Insiders Place Their Bets

In other news, CEO Shantanu Narayen sold 74,500 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total transaction of $18,741,220.00. Following the completion of the sale, the chief executive officer directly owned 289,224 shares of the company’s stock, valued at $72,757,189.44. The trade was a 20.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the sale, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. The trade was a 9.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 125,416 shares of company stock worth $31,454,466. 0.20% of the stock is owned by company insiders.

Adobe Company Profile

Adobe Inc (NASDAQ: ADBE) is a global software company that develops tools for creating, managing, delivering and analyzing digital content. Its products serve creative professionals, marketers, enterprises, students and individual consumers across a broad range of industries and geographies.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, Premiere Pro, InDesign and Adobe Express for graphic design, photography, video, illustration and digital content creation.