Adobe Inc. $ADBE Stock Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in Adobe Inc. (NASDAQ:ADBE) by 27.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,369,600 shares of the software company’s stock after acquiring an additional 294,013 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Adobe were worth $328,622,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Cyndeo Wealth Partners LLC lifted its stake in shares of Adobe by 2.8% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 1,559 shares of the software company’s stock worth $374,000 after acquiring an additional 43 shares during the period. Meridian Management Co. boosted its holdings in shares of Adobe by 0.3% in the first quarter. Meridian Management Co. now owns 15,241 shares of the software company’s stock valued at $3,705,000 after acquiring an additional 44 shares in the last quarter. Brown Shipley& Co Ltd increased its stake in shares of Adobe by 28.8% during the first quarter. Brown Shipley& Co Ltd now owns 197 shares of the software company’s stock worth $48,000 after acquiring an additional 44 shares during the period. United Bank increased its stake in shares of Adobe by 1.4% during the first quarter. United Bank now owns 3,658 shares of the software company’s stock worth $889,000 after acquiring an additional 49 shares during the period. Finally, Drystone LLC raised its holdings in Adobe by 0.5% during the second quarter. Drystone LLC now owns 10,420 shares of the software company’s stock worth $2,136,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Price Performance

Shares of NASDAQ:ADBE opened at $256.73 on Wednesday. The firm has a market capitalization of $99.92 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 0.86 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. The business’s 50 day simple moving average is $255.91 and its 200-day simple moving average is $243.12. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $363.70.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, beating the consensus estimate of $6.08 by $0.05. The firm had revenue of $6.76 billion during the quarter, compared to the consensus estimate of $6.69 billion. Adobe had a return on equity of 65.65% and a net margin of 28.05%. Adobe’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $5.31 EPS. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. As a group, equities analysts forecast that Adobe Inc. will post 20.01 earnings per share for the current fiscal year.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe may be benefiting as a relative winner in the software sector after Salesforce announced a $5.66 billion acquisition of Braze. The deal raised concerns about Salesforce’s spending and strategy, while Adobe was cited among software rivals gaining investor interest. Salesforce Retreats on Braze Deal While Adobe Gains
• Positive Sentiment: Recent coverage argues that Adobe’s stock may have fallen too far on AI fears. The company continues to beat earnings estimates and raise guidance, supporting the view that its subscription model, customer relationships and generative-AI tools could remain durable despite competitive concerns. Wall Street Has Its Eyes on Adobe
• Positive Sentiment: A broader thesis that AI infrastructure spending is still in its early stages could support Adobe and other enterprise software companies if AI adoption expands into more business functions. The article also identifies Adobe as a company facing structural questions, making successful AI monetization important. The AI Buildout Is Only 15% Complete
• Neutral Sentiment: Adobe MAX 2026 is scheduled to begin November 10. The event could provide updates on Creative Cloud, generative AI and product monetization, but its impact will depend on the announcements and their ability to address investor concerns. Adobe MAX 2026 Preparation Memo
• Neutral Sentiment: Adobe is attracting elevated attention from Zacks users, but the report mainly recaps the factors investors should monitor rather than identifying a new fundamental catalyst. Adobe Is Attracting Investor Attention
• Negative Sentiment: Wells Fargo downgraded Adobe from Overweight to Underweight, signaling concern that AI competition and potential disruption to Adobe’s creative and marketing software could limit upside. The downgrade may temper the stock’s recovery despite its lower valuation. Wells Fargo Downgrades Adobe to Underweight

Insider Buying and Selling at Adobe

In other news, CEO Shantanu Narayen sold 50,500 shares of Adobe stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the completion of the transaction, the chief executive officer owned 238,724 shares of the company’s stock, valued at $59,578,348.68. The trade was a 17.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction 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. This represents a 9.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 125,416 shares of company stock worth $31,454,466 in the last three months. 0.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ADBE. Citigroup restated a “market perform” rating on shares of Adobe in a research report on Friday, September 11th. HSBC lowered Adobe from a “buy” rating to a “hold” rating and lowered their price objective for the company from $310.00 to $267.00 in a report on Tuesday, October 13th. Wells Fargo & Company cut Adobe from an “overweight” rating to an “underweight” rating and dropped their target price for the stock from $270.00 to $225.00 in a research report on Monday, October 12th. Stifel Nicolaus increased their target price on Adobe from $200.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday, September 9th. Finally, BMO Capital Markets raised their price target on Adobe from $230.00 to $270.00 and gave the company a “market perform” rating in a report on Friday, September 11th. Nine investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $283.90.

Adobe Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.