U S Wealth Group LLC. Has $2.63 Million Holdings in Adobe Inc. $ADBE

U S Wealth Group LLC. grew its holdings in shares of Adobe Inc. (NASDAQ:ADBEFree Report) by 98.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,841 shares of the software company’s stock after buying an additional 6,361 shares during the period. U S Wealth Group LLC.’s holdings in Adobe were worth $2,633,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ADBE. Measured Wealth Private Client Group LLC acquired a new stake in Adobe in the third quarter worth $26,000. TrustBank bought a new position in shares of Adobe during the 4th quarter worth about $28,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Adobe during the 2nd quarter worth about $28,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Adobe in the 4th quarter valued at about $31,000. Finally, Sankala Group LLC bought a new stake in Adobe in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ADBE. UBS Group downgraded Adobe from a “buy” rating to an “equal weight” rating in a research note on Tuesday, July 21st. Piper Sandler decreased their price objective on Adobe from $280.00 to $240.00 and set a “neutral” rating for the company in a report on Friday, June 12th. Royal Bank Of Canada upped their target price on Adobe from $285.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. Wolfe Research downgraded shares of Adobe from an “outperform” rating to a “peer perform” rating in a research report on Friday, June 12th. Finally, CLSA began coverage on shares of Adobe in a research note on Monday, July 20th. They set an “outperform” rating and a $300.00 price target for the company. Seven analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $280.32.

Get Our Latest Analysis on ADBE

Adobe Stock Down 2.4%

ADBE stock opened at $248.83 on Friday. Adobe Inc. has a twelve month low of $190.12 and a twelve month high of $370.86. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. The stock’s 50 day moving average is $252.89 and its 200-day moving average is $245.59. The firm has a market capitalization of $98.91 billion, a PE ratio of 14.24, a P/E/G ratio of 0.89 and a beta of 1.42.

Adobe (NASDAQ:ADBEGet Free Report) last announced its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.08 by $0.05. The business 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 65.11% and a net margin of 28.69%.Adobe’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.31 earnings per share. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Sell-side analysts expect that Adobe Inc. will post 19.83 EPS for the current fiscal year.

More Adobe News

Here are the key news stories impacting Adobe this week:

  • Positive Sentiment: Adobe reported record fiscal Q3 revenue of $6.76 billion, up 12.9% year over year, while adjusted EPS of $6.13 exceeded the $6.08 consensus estimate. GAAP EPS was $4.62, and operating cash flow reached $2.52 billion. Adobe Reports Record Q3 Results
  • Positive Sentiment: Management raised its fiscal 2026 outlook, calling for adjusted EPS of $24.45 to $24.50 and revenue of approximately $26.6 billion. Fourth-quarter adjusted EPS guidance of $6.30 to $6.35 is also above the $6.09 analyst consensus. Adobe Hits 1 Billion Monthly Active Users, Raises Full-Year Outlook
  • Positive Sentiment: Adobe said AI-first annual recurring revenue grew more than 150% year over year, total ARR reached $27.5 billion, and monthly active users across its creativity and productivity products surpassed 1 billion. The results support management’s strategy of embedding AI into products such as Acrobat and Firefly. Adobe posts record quarter, lifts guidance as AI push pays off
  • Neutral Sentiment: Adobe repurchased approximately 9.5 million shares during the quarter, which may support per-share results, although reported insider activity showed selling rather than buying by several executives.
  • Negative Sentiment: Wall Street’s reaction was muted because investors wanted stronger evidence that Adobe’s AI offerings are accelerating growth. Analysts noted that, in the current environment, merely meeting or modestly exceeding estimates may not be enough. Adobe’s latest earnings leave Wall Street wanting more
  • Negative Sentiment: Investors remain concerned about competition from Microsoft, Alphabet and AI-native tools, as well as the recently announced CEO transition. OpenAI’s reported restriction on advertising from competing image- and audio-generation companies, including Adobe, adds another competitive and distribution risk. OpenAI restricts rival AI ad campaigns in ChatGPT

Insider Buying and Selling at Adobe

In other news, CAO Jillian Forusz sold 416 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David Ricks purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were purchased at an average cost of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the transaction, the director directly owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This represents a 130.63% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.20% of the company’s stock.

About Adobe

(Free Report)

Adobe Inc (NASDAQ:ADBE) develops software and services used for digital content creation, document management and digital experiences. The company serves creative professionals, marketers, enterprises, educators and consumers worldwide through subscription-based and cloud-enabled products.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro and After Effects, along with related tools for photography, graphic design, video production and web development.

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Institutional Ownership by Quarter for Adobe (NASDAQ:ADBE)

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