Adobe Inc. $ADBE Shares Acquired by Federated Hermes Inc.

Federated Hermes Inc. lifted its position in Adobe Inc. (NASDAQ:ADBE) by 185.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 898,408 shares of the software company’s stock after acquiring an additional 583,275 shares during the period. Federated Hermes Inc. owned 0.21% of Adobe worth $316,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC increased its holdings in shares of Adobe by 22.1% in the third quarter. Valeo Financial Advisors LLC now owns 4,608 shares of the software company’s stock valued at $1,626,000 after purchasing an additional 834 shares during the period. AGP Franklin LLC boosted its position in Adobe by 35.3% in the third quarter. AGP Franklin LLC now owns 10,661 shares of the software company’s stock valued at $3,761,000 after buying an additional 2,779 shares during the last quarter. Core Alternative Capital increased its holdings in Adobe by 82.0% in the 3rd quarter. Core Alternative Capital now owns 21,450 shares of the software company’s stock worth $7,566,000 after buying an additional 9,667 shares during the period. Stablepoint Partners LLC increased its holdings in Adobe by 22.6% in the 3rd quarter. Stablepoint Partners LLC now owns 2,898 shares of the software company’s stock worth $1,022,000 after buying an additional 534 shares during the period. Finally, J. Safra Sarasin Holding AG raised its position in Adobe by 5.1% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 12,786 shares of the software company’s stock worth $4,545,000 after buying an additional 616 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ADBE shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $430.00 price objective on shares of Adobe in a research note on Thursday, December 11th. Jefferies Financial Group lowered shares of Adobe from a “buy” rating to a “hold” rating and lowered their price target for the company from $500.00 to $400.00 in a report on Monday, January 5th. The Goldman Sachs Group began coverage on Adobe in a research report on Monday, January 12th. They set a “sell” rating and a $290.00 price target on the stock. BMO Capital Markets cut Adobe from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $400.00 to $375.00 in a report on Friday, January 9th. Finally, DA Davidson reaffirmed a “buy” rating and set a $500.00 target price on shares of Adobe in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $397.19.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Major Photoshop update — Adobe rolled out a wide set of Photoshop improvements that boost control, realism and new layers (clarity/dehaze), which should help retain and expand Creative Cloud subscribers and monetization over time. Adobe Photoshop Gets a Major Update
• Positive Sentiment: Added clarity and dehaze layer in Photoshop — incremental product capability that improves differentiation for photographers/design pros and strengthens product stickiness. Adobe finally adds a clarity and dehaze layer to Photoshop – and I can’t believe it took this long
• Positive Sentiment: Broader Photoshop upgrades highlighted by press — coverage (Forbes) frames upgrades as meaningful to professional workflows, supporting long-term ARPU and enterprise appeal. Product momentum is a tailwind for subscription revenue. Adobe Announces New Upgrades To Photoshop Giving More Control, Realism And Precision
• Neutral Sentiment: Executive compensation and severance policy update — Adobe disclosed its 2026 executive pay plans and a new severance policy; governance/compensation details are usually neutral for near-term stock moves unless escalation occurs. Adobe announces 2026 executive compensation plans and new severance policy
• Neutral Sentiment: Short interest report shows no meaningful change / noisy data — the released short-interest figures are effectively zero/NaN and imply no clear short-squeeze or crowd positioning signal from this release. Short interest update
• Negative Sentiment: Analyst comparison favors Salesforce over Adobe — a Zacks piece argues Salesforce (CRM) is the better enterprise software buy right now, citing AI and margin momentum at CRM; that reinforces competitive concerns and may pressure investor sentiment on Adobe. CRM vs. ADBE: Which Enterprise Software Stock Is the Better Buy?
• Negative Sentiment: Semrush merger legal risk — Semrush (target of a proposed Adobe deal) is facing shareholder lawsuits over the proposed merger, which could delay or complicate the acquisition and add near-term uncertainty/cost for Adobe. Semrush Faces Shareholder Lawsuits Over Proposed Adobe Merger

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $337.88, for a total transaction of $50,344.12. Following the completion of the transaction, the chief accounting officer directly owned 3,426 shares in the company, valued at $1,157,576.88. This represents a 4.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.16% of the stock is currently owned by insiders.

Adobe Price Performance

NASDAQ:ADBE opened at $297.42 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. Adobe Inc. has a 52 week low of $288.33 and a 52 week high of $465.70. The stock’s 50-day moving average price is $330.15 and its 200-day moving average price is $343.12. The stock has a market capitalization of $122.09 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 1.20 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. The company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $6.11 billion. Adobe had a return on equity of 61.28% and a net margin of 30.00%.Adobe’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.81 earnings per share. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, equities analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Adobe Company 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.