Adobe Inc. $ADBE Stock Holdings Lowered by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in Adobe Inc. (NASDAQ:ADBE) by 19.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,309 shares of the software company’s stock after selling 33,245 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Adobe were worth $32,706,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in Adobe during the 2nd quarter valued at $8,437,821,000. Johnson Financial Group Inc. purchased a new stake in Adobe during the 2nd quarter worth $2,289,000. Biondo Investment Advisors LLC purchased a new stake in Adobe during the 2nd quarter worth $2,647,000. Summit Global Investments acquired a new position in Adobe in the 2nd quarter worth $1,401,000. Finally, Tejara Capital Ltd acquired a new position in Adobe in the 2nd quarter worth $3,461,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Stock Performance

ADBE opened at $263.82 on Monday. The stock has a market capitalization of $102.68 billion, a PE ratio of 14.72, a P/E/G ratio of 0.92 and a beta of 1.42. The firm’s fifty day moving average price is $255.83 and its 200 day moving average price is $243.53. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. Adobe Inc. has a 12-month low of $190.12 and a 12-month high of $363.70.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, topping the consensus estimate of $6.08 by $0.05. The company had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.69 billion. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the business earned $5.31 EPS. 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, research analysts expect that Adobe Inc. will post 20.01 EPS for the current fiscal year.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe continues to benefit from high margins, substantial free cash flow, a large user base and recurring-revenue growth. Supporters argue that the stock’s relatively low valuation and continued annual recurring revenue buildup create potential for a turnaround. Adobe: Deep Value Amid Continued ARR Buildup
• Positive Sentiment: Recent AI-related partnerships, including an expanded relationship with NVIDIA and a new deal making Adobe the official AI fan-experience partner of BWT Alpine Formula One, reinforce the company’s effort to demonstrate practical uses for its AI tools and expand its brand reach. Adobe and BWT Alpine Formula One Team Partner
• Positive Sentiment: Adobe recently exceeded analysts’ quarterly EPS and revenue estimates, while management maintained fiscal 2026 earnings guidance. Those results provide fundamental support even as the share price has lagged broader technology benchmarks.
• Neutral Sentiment: Wall Street is divided: some analysts see substantial upside if Adobe converts its AI investments into monetized growth, while others remain cautious. Articles comparing Adobe with Salesforce, CrowdStrike and Arista Networks highlight that the stock’s appeal depends on an investor’s preference for valuation and profitability versus faster growth. Adobe Stock Has Been Under Pressure
• Negative Sentiment: The principal overhang is AI disruption risk. Investors remain concerned that competing tools from companies such as Anthropic and Google could reduce demand for Adobe’s traditional applications or pressure pricing through “app-less” creative workflows. Adobe: Strong Fundamentals, But AI Remains the Key Risk
• Negative Sentiment: The stock’s decline despite repeated earnings outperformance signals that investors want clearer evidence of accelerating growth and successful AI monetization before assigning Adobe a higher multiple.

Insider Transactions at Adobe

In other news, CAO Jillian Forusz sold 416 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the transaction, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 50,500 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the transaction, the chief executive officer directly owned 238,724 shares in the company, valued at $59,578,348.68. The trade was a 17.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 125,416 shares of company stock worth $31,454,466. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ADBE shares. Stifel Nicolaus upped their price objective on shares of Adobe from $200.00 to $225.00 and gave the company a “hold” rating in a research report on Wednesday, September 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $315.00 target price on shares of Adobe in a research report on Friday, September 11th. TD Cowen reiterated a “hold” rating and issued a $245.00 price target on shares of Adobe in a research note on Wednesday, September 9th. Robert W. Baird boosted their price target on Adobe from $230.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, September 11th. Finally, Evercore set a $250.00 price target on Adobe in a report on Friday, September 11th. Nine research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $283.90.

Adobe Company Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.