Shell Asset Management Co. Decreases Stock Holdings in Adobe Inc. $ADBE

Shell Asset Management Co. lowered its position in shares of Adobe Inc. (NASDAQ:ADBE) by 63.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,705 shares of the software company’s stock after selling 15,047 shares during the quarter. Shell Asset Management Co.’s holdings in Adobe were worth $3,071,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. LSV Asset Management boosted its holdings in shares of Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after purchasing an additional 56 shares during the period. Horizon Financial Services LLC raised its position in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares during the last quarter. Total Investment Management Inc. purchased a new stake in Adobe in the 2nd quarter worth approximately $35,000. Howard Hughes Medical Institute purchased a new stake in Adobe in the second quarter worth about $36,000. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Adobe during the 3rd quarter worth approximately $35,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Price Performance

Shares of Adobe stock opened at $263.97 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm has a market cap of $108.36 billion, a PE ratio of 15.80, a PEG ratio of 1.04 and a beta of 1.51. Adobe Inc. has a 12 month low of $251.10 and a 12 month high of $464.99. The stock has a 50 day moving average of $317.89 and a 200 day moving average of $334.86.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating analysts’ consensus estimates of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the firm earned $4.81 EPS. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. On average, research analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarter that beat estimates and provided solid FY‑2026 and Q1 guidance, underpinning its cash flow and margins — a primary bullish catalyst for valuation recovery.
• Positive Sentiment: Bullish research/opinion pieces argue Adobe is materially undervalued and present buy cases highlighting its durable SaaS economics and franchise strength. Adobe: Outstanding Business At Outstanding Price
• Positive Sentiment: Adobe deepened its alliance with Cognizant to accelerate enterprise generative‑AI adoption — a strategic partnership that could help drive enterprise SaaS revenues and offset competitive threats. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Neutral Sentiment: Zacks and other media note that Adobe is a trending stock and summarize factors investors should monitor (valuation, AI exposure, product momentum) without a definitive directional signal. Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average rating — suggests mixed views and limited near‑term conviction from sell‑side. Adobe Inc. (NASDAQ:ADBE) Given Average Rating of “Hold” by Brokerages
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN values and a 0.0 days‑to‑cover figure — this looks like a data anomaly and shouldn’t be read as a real change in positioning.
• Negative Sentiment: Analysts have been downgrading Adobe amid fears that generative AI could disrupt parts of its business, and some research houses have reiterated sell calls — creating nearer‑term selling pressure. Analysts are downgrading Adobe Inc. (ADBE), Here’s What You Should Know
• Negative Sentiment: Sector headlines and commentators point to a tech/software sell‑off driven by AI fears and macro uncertainties; Adobe has traded off with peers and has posted steeper declines at times. 3 Historically Cheap Software Stocks Begging to Be Bought Amid the Recent Tech Rout AI wreaking havoc across software stocks, job losses might follow: Tom Lee
• Negative Sentiment: Recent market coverage notes Adobe has at times fallen faster than the broader market, reflecting heightened investor sensitivity to sector risk. Adobe Systems (ADBE) Falls More Steeply Than Broader Market

Insider Activity

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

ADBE has been the topic of several research reports. Piper Sandler lowered shares of Adobe from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $470.00 to $330.00 in a research note on Monday, February 2nd. Weiss Ratings downgraded shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 2nd. Barclays reiterated an “overweight” rating and set a $415.00 price objective on shares of Adobe in a research report on Friday, December 5th. Wall Street Zen cut shares of Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Jefferies Financial Group lowered Adobe from a “buy” rating to a “hold” rating and cut their price target for the company from $500.00 to $400.00 in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $397.16.

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.