SGL Investment Advisors Inc. Has $5.34 Million Holdings in Adobe Inc. $ADBE

SGL Investment Advisors Inc. grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 64.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,261 shares of the software company’s stock after purchasing an additional 5,983 shares during the period. Adobe comprises 2.1% of SGL Investment Advisors Inc.’s holdings, making the stock its 16th largest holding. SGL Investment Advisors Inc.’s holdings in Adobe were worth $5,341,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its position in shares of Adobe by 53.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock worth $1,981,448,000 after acquiring an additional 1,952,994 shares in the last quarter. Dodge & Cox boosted its position in shares of Adobe by 8,006.6% during the 3rd quarter. Dodge & Cox now owns 1,593,506 shares of the software company’s stock worth $562,109,000 after acquiring an additional 1,573,849 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Adobe by 55.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock worth $912,705,000 after acquiring an additional 920,353 shares in the last quarter. Amundi boosted its position in shares of Adobe by 17.9% during the 3rd quarter. Amundi now owns 4,888,283 shares of the software company’s stock worth $1,711,583,000 after acquiring an additional 742,646 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Adobe by 112.6% during the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after acquiring an additional 710,357 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is getting fresh buzz from its deeper integration with Google Gemini, including the ability for users to access Photoshop and Premiere Pro tools inside the AI assistant. That could expand Adobe’s reach and strengthen demand for its creative software. Article Title
• Positive Sentiment: Articles highlighting Adobe’s Digital Experience business say the company is well positioned to benefit from the digital content boom, with Experience Cloud and AI tools like Firefly and Sensei serving demand in ads and e-commerce. Article Title
• Positive Sentiment: Some market commentary argues Adobe looks inexpensive relative to its growth outlook after the broad software selloff, which may be attracting value-oriented investors. Article Title
• Neutral Sentiment: Additional coverage says Adobe is using agentic AI to defend its software moat, reinforcing the view that management is leaning into AI to support its competitive position. Article Title
• Negative Sentiment: One market recap noted Adobe stock fell in the latest session while the broader market advanced, underscoring continued volatility and investor caution around the name. Article Title
• Negative Sentiment: Governance-related headlines are also adding a small overhang, with renewed attention on trading activity tied to Adobe shares amid existing shareholder litigation. Article Title

Analysts Set New Price Targets

ADBE has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. DA Davidson set a $300.00 price target on shares of Adobe in a research report on Friday, March 13th. Argus reiterated a “hold” rating on shares of Adobe in a research report on Monday, March 16th. The Goldman Sachs Group reduced their price target on shares of Adobe from $290.00 to $220.00 and set a “sell” rating on the stock in a research report on Friday, March 13th. Finally, Oppenheimer restated a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Adobe has a consensus rating of “Hold” and an average target price of $338.15.

Insider Activity

In other news, CAO Jillian Forusz sold 755 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the transaction, the chief accounting officer owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. This trade represents a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Shantanu Narayen sold 75,000 shares of the firm’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the transaction, the chief executive officer directly owned 359,538 shares of the company’s stock, valued at $87,561,884.52. The trade was a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 77,091 shares of company stock valued at $18,782,773. Insiders own 0.20% of the company’s stock.

Adobe Stock Performance

Shares of Adobe stock opened at $244.76 on Friday. Adobe Inc. has a fifty-two week low of $224.13 and a fifty-two week high of $421.48. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $98.93 billion, a P/E ratio of 14.26, a P/E/G ratio of 0.95 and a beta of 1.42. The company’s 50 day moving average price is $245.05 and its two-hundred day moving average price is $287.46.

Adobe (NASDAQ:ADBE) last issued its 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. The firm had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $5.08 earnings per share. 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, equities analysts forecast that Adobe Inc. will post 19.14 earnings per share for the current fiscal year.

Adobe declared that its board has initiated a stock buyback plan on Tuesday, April 21st that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the software company to reacquire up to 24.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

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.