Private Wealth Partners LLC Has $16.23 Million Stock Holdings in Adobe Inc. $ADBE

Private Wealth Partners LLC cut its position in Adobe Inc. (NASDAQ:ADBE) by 12.6% during the 4th quarter, HoldingsChannel reports. The firm owned 46,384 shares of the software company’s stock after selling 6,661 shares during the quarter. Adobe comprises about 1.2% of Private Wealth Partners LLC’s portfolio, making the stock its 23rd largest holding. Private Wealth Partners LLC’s holdings in Adobe were worth $16,234,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Riverbend Wealth Management LLC raised its holdings in Adobe by 1.8% in the third quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock worth $588,000 after purchasing an additional 29 shares during the period. Beacon Financial Advisory LLC increased its position in shares of Adobe by 5.5% during the third quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock worth $204,000 after acquiring an additional 30 shares in the last quarter. MCF Advisors LLC increased its position in shares of Adobe by 20.8% during the third quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock worth $61,000 after acquiring an additional 30 shares in the last quarter. Brookwood Investment Group LLC increased its position in shares of Adobe by 4.4% during the third quarter. Brookwood Investment Group LLC now owns 734 shares of the software company’s stock worth $259,000 after acquiring an additional 31 shares in the last quarter. Finally, New Republic Capital LLC increased its position in shares of Adobe by 5.6% during the third quarter. New Republic Capital LLC now owns 582 shares of the software company’s stock worth $205,000 after acquiring an additional 31 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of the firm’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 sale, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.20% of the company’s stock.

Adobe Stock Performance

Shares of ADBE stock opened at $248.63 on Tuesday. The stock has a market cap of $100.50 billion, a P/E ratio of 14.48, a P/E/G ratio of 0.95 and a beta of 1.52. 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 company has a fifty day moving average price of $253.07 and a two-hundred day moving average price of $302.23. Adobe Inc. has a one year low of $224.13 and a one year high of $422.95.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. The firm had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, equities analysts predict that Adobe Inc. will post 19.14 EPS for the current year.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe unveiled “CX Enterprise” — an agentic AI platform and a CX Enterprise Coworker to automate marketing, sales and customer-experience workflows; the product targets large-enterprise budgets and extends Adobe’s AI push beyond creative tools, which investors view as revenue-expanding and defensive versus AI startups. Article Title
• Positive Sentiment: Adobe is partnering with major AI/cloud players (Amazon, Microsoft, Anthropic, OpenAI, NVIDIA) to support CX Enterprise across enterprise stacks — a strategic move that should ease enterprise adoption and reduce integration friction. Article Title
• Positive Sentiment: Market reaction and coverage: multiple outlets reported a near-term positive share reaction after the AI announcements, reflecting investor optimism that the launches can drive new enterprise bookings and help fend off AI-native competitors. Article Title
• Neutral Sentiment: Adobe is expanding partner and agency programs (brand visibility tools and agency partnerships) as part of the agentic AI rollout — this supports go-to-market scale but is more execution-dependent than headline-moving. Article Title
• Neutral Sentiment: Partner ecosystem recognitions (Comwrap Reply award; Sinch named Adobe partner of the year) highlight healthy partner momentum but are incremental rather than material to near-term revenue. Comwrap Article Sinch Article
• Negative Sentiment: Analyst target trims: some firms have lowered ADBE price targets recently (e.g., RBC cut its target), signaling reduced near-term upside expectations and contributing downward pressure on sentiment despite product news. Article Title
• Negative Sentiment: Minor institutional selling disclosed (Baskin Financial trimmed holdings) — not a major red flag alone, but it adds to mixed flows as the stock digests the product announcements and prior valuation reset. Article Title

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Piper Sandler lowered their price objective on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. TD Cowen lowered their price objective on shares of Adobe from $400.00 to $325.00 and set a “hold” rating for the company in a research report on Tuesday, March 10th. Stifel Nicolaus decreased their target price on shares of Adobe from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, March 13th. BMO Capital Markets decreased their target price on shares of Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a research report on Friday, March 13th. Finally, Jefferies Financial Group decreased their target price on shares of Adobe from $400.00 to $290.00 and set a “hold” rating for the company in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, Adobe presently has an average rating of “Hold” and a consensus target price of $339.88.

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.