Quantbot Technologies LP Acquires New Shares in Adobe Inc. $ADBE

Quantbot Technologies LP bought a new stake in Adobe Inc. (NASDAQ:ADBE) during the 2nd quarter, Holdings Channel reports. The fund bought 23,307 shares of the software company’s stock, valued at approximately $4,778,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Adobe during the 2nd quarter worth about $8,437,821,000. State Street Corp raised its position 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 acquiring an additional 352,448 shares during the period. Geode Capital Management LLC boosted its stake in Adobe by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 11,531,678 shares of the software company’s stock worth $4,027,170,000 after acquiring an additional 414,049 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Adobe by 9.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock worth $1,651,066,000 after acquiring an additional 563,772 shares during the last quarter. Finally, Norges Bank bought a new position in Adobe during the 4th quarter worth approximately $2,275,165,000. Institutional investors own 81.79% of the company’s stock.

Insider Activity

In other news, Director David A. Ricks bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were acquired at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the transaction, the director owned 17,655 shares in the company, valued at $3,434,074.05. This represents a 130.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the sale, the chief accounting officer owned 3,824 shares in the company, valued at $1,010,797.92. The trade was a 9.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ADBE has been the subject of several recent analyst reports. Freedom Capital downgraded shares of Adobe from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. HSBC raised shares of Adobe from a “hold” rating to a “buy” rating and lifted their price target for the stock from $282.00 to $308.00 in a research report on Thursday, July 2nd. Wolfe Research cut shares of Adobe from an “outperform” rating to a “peer perform” rating in a research report on Friday, June 12th. Dbs Bank downgraded Adobe from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Phillip Securities lowered Adobe from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $270.96.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bank of America raised its Adobe price target, citing the company’s potential to monetize AI and its positioning within a broader software-sector rally. The forecast increase has reinforced bullish sentiment toward ADBE. Bank of America price-target increase
• Positive Sentiment: Adobe expanded Firefly’s capabilities by making AI-generated music, voiceovers, and sound effects broadly available. The move strengthens Adobe’s creative-AI product portfolio and could support new user adoption, engagement, and revenue opportunities. Adobe Firefly audio tools
• Positive Sentiment: An Adobe survey reported that 87% of creators say AI is helping them grow their businesses. The findings support demand for Adobe’s AI tools, although survey data is not a direct measure of financial performance. Adobe creator AI report
• Neutral Sentiment: Several analysts and market commentators describe Adobe’s valuation as attractive after its recovery, with some viewing the rebound as the beginning of a stronger turnaround. However, the stock’s outlook remains dependent on converting AI interest into sustained growth and cash flow. Adobe recovery analysis
• Negative Sentiment: Adobe has risen roughly 45% from its 2026 low, prompting caution that much of the near-term recovery may already be priced in. One analysis recommends taking some profits despite still-reasonable valuation metrics. Adobe rally and valuation analysis
• Negative Sentiment: Commentary warning that profitability alone cannot protect companies from intensifying competition highlights a longer-term risk for Adobe, particularly as generative-AI rivals pressure pricing and product differentiation. Profitability and competition analysis

Adobe Trading Up 1.1%

Shares of NASDAQ:ADBE opened at $275.30 on Friday. The firm has a market cap of $109.43 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 0.93 and a beta of 1.40. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $370.86. The company’s fifty day simple moving average is $232.61 and its 200 day simple moving average is $244.99. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42.

Adobe (NASDAQ:ADBE) last announced its earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. The firm had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the business earned $5.06 EPS. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. As a group, research analysts forecast that Adobe Inc. will post 19.8 EPS for the current fiscal year.

About Adobe

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.