CW Advisors LLC Boosts Stake in Adobe Inc. $ADBE

CW Advisors LLC boosted its stake in Adobe Inc. (NASDAQ:ADBE) by 37.8% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,825 shares of the software company’s stock after buying an additional 2,697 shares during the quarter. CW Advisors LLC’s holdings in Adobe were worth $3,774,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ADBE. Brighton Jones LLC lifted its stake in Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after buying an additional 167 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Adobe by 2.7% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 28,969 shares of the software company’s stock worth $12,882,000 after purchasing an additional 756 shares during the period. Dark Forest Capital Management LP lifted its stake in shares of Adobe by 10.8% during the 4th quarter. Dark Forest Capital Management LP now owns 1,408 shares of the software company’s stock worth $626,000 after purchasing an additional 137 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of Adobe by 8.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 13,244 shares of the software company’s stock worth $5,889,000 after purchasing an additional 1,046 shares during the period. Finally, Two Sigma Securities LLC lifted its stake in shares of Adobe by 125.5% during the 4th quarter. Two Sigma Securities LLC now owns 1,227 shares of the software company’s stock worth $546,000 after purchasing an additional 6,039 shares during the period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on ADBE. Melius lowered Adobe from a “hold” rating to a “sell” rating and set a $310.00 price target on the stock. in a research note on Monday, August 11th. DA Davidson reissued a “buy” rating and set a $500.00 price target on shares of Adobe in a research note on Friday, June 20th. Rothschild & Co Redburn lowered Adobe from a “neutral” rating to a “sell” rating and set a $280.00 price target on the stock. in a research note on Wednesday, July 2nd. Stifel Nicolaus reduced their price target on Adobe from $525.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday, June 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $480.00 price target on shares of Adobe in a research note on Thursday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $467.58.

Adobe Stock Up 2.5%

Shares of NASDAQ ADBE opened at $362.09 on Friday. Adobe Inc. has a 12-month low of $330.04 and a 12-month high of $587.75. The company has a market cap of $153.60 billion, a P/E ratio of 23.17, a P/E/G ratio of 1.72 and a beta of 1.51. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average price of $366.57 and a 200 day moving average price of $389.64.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, June 12th. The software company reported $5.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.09. Adobe had a return on equity of 53.68% and a net margin of 30.39%.The firm had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.80 billion. During the same period in the prior year, the firm earned $4.48 EPS. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. Adobe has set its Q3 2025 guidance at 5.150-5.200 EPS. FY 2025 guidance at 20.500-20.700 EPS. Research analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.