Daiwa Securities Group Inc. Has $58.41 Million Stake in Adobe Inc. $ADBE

Daiwa Securities Group Inc. trimmed its stake in Adobe Inc. (NASDAQ:ADBE) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,888 shares of the software company’s stock after selling 2,101 shares during the period. Daiwa Securities Group Inc.’s holdings in Adobe were worth $58,409,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ADBE. Brighton Jones LLC increased its holdings in Adobe by 2.1% in the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after purchasing an additional 167 shares during the period. Sivia Capital Partners LLC increased its holdings in Adobe by 25.5% in the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after purchasing an additional 486 shares during the period. United Bank increased its holdings in Adobe by 12.8% in the second quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after purchasing an additional 428 shares during the period. Schnieders Capital Management LLC. increased its holdings in Adobe by 7.8% in the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after purchasing an additional 190 shares during the period. Finally, Gamco Investors INC. ET AL increased its holdings in Adobe by 190.6% in the second quarter. Gamco Investors INC. ET AL now owns 2,764 shares of the software company’s stock valued at $1,069,000 after purchasing an additional 1,813 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on ADBE shares. Wells Fargo & Company decreased their price target on Adobe from $420.00 to $405.00 and set an “overweight” rating for the company in a report on Monday, March 9th. William Blair downgraded Adobe from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Citigroup reiterated a “neutral” rating on shares of Adobe in a report on Friday, April 10th. BTIG Research started coverage on Adobe in a report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Dbs Bank downgraded Adobe from a “moderate buy” rating to a “hold” rating in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Adobe currently has a consensus rating of “Hold” and a consensus target price of $338.15.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analysts are looking for Adobe to report earnings growth next week, and several previews suggest the company has a strong setup for a possible beat thanks to resilient fundamentals and expectations that it can clear Wall Street targets. Adobe Systems (ADBE) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Adobe is also being discussed as a stock to watch in digital media and AI-related software, which keeps the company in focus as investors look for names that can benefit from AI spending and software demand. Digital Media Stocks Worth Watching – June 1st
• Neutral Sentiment: Reports say Adobe is close to choosing its next CEO and is weighing internal candidates alongside outside AI-focused leaders. That uncertainty could keep the stock volatile, but it also signals a strategic push to align leadership with the company’s AI ambitions. Adobe Eyes Two Internal Leaders, AI Outsiders for CEO Role
• Neutral Sentiment: Market commentary also noted Adobe has been falling more than the broader market in recent sessions, reflecting broader caution around software valuations and investor concern ahead of the earnings report. Here’s Why Adobe Systems (ADBE) Fell More Than Broader Market
• Negative Sentiment: Some recent trading weakness in Adobe appears tied to broader tech-sector mixed performance and profit-taking, which may be weighing on shares until the company provides a clearer earnings and leadership catalyst. Sector Update: Tech Stocks Mixed Late Afternoon

Adobe Price Performance

ADBE stock opened at $258.42 on Friday. The stock has a market capitalization of $104.45 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 1.00 and a beta of 1.42. The company’s 50-day moving average is $245.51 and its 200-day moving average is $282.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. Adobe Inc. has a 1 year low of $224.13 and a 1 year high of $421.48.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion for 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 business’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Equities research analysts expect that Adobe Inc. will post 19.14 EPS for the current fiscal year.

Adobe declared that its board has initiated a share buyback program on Tuesday, April 21st that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the software company to reacquire up to 24.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Adobe

In other news, CFO Daniel Durn sold 1,336 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $248.02, for a total transaction of $331,354.72. Following the transaction, the chief financial officer owned 42,833 shares of the company’s stock, valued at $10,623,440.66. This represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Jillian Forusz sold 755 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $246.25, for a total transaction of $185,918.75. Following the transaction, the chief accounting officer directly owned 3,521 shares in the company, valued at $867,046.25. This trade represents a 17.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 77,091 shares of company stock valued at $18,782,773 in the last 90 days. 0.20% of the stock is currently owned by corporate insiders.

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.