Grantham Mayo Van Otterloo & Co. LLC Grows Stock Position in Adobe Inc. $ADBE

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Adobe Inc. (NASDAQ:ADBE) by 98.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,597 shares of the software company’s stock after purchasing an additional 4,260 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Adobe were worth $3,033,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ADBE. Norges Bank bought a new position in shares of Adobe in the second quarter worth approximately $2,029,950,000. Franklin Resources Inc. raised its position in shares of Adobe by 68.9% during the 2nd quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after purchasing an additional 791,077 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Adobe by 112.6% during the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock valued at $469,467,000 after buying an additional 710,357 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Adobe by 16.1% during the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock valued at $1,705,043,000 after buying an additional 610,215 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in Adobe by 185.1% in the 3rd quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock worth $316,913,000 after buying an additional 583,275 shares during the period. 81.79% of the stock is currently owned by institutional investors.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched conversational AI editing in Photoshop and smarter Firefly image‑editing tools (public beta), enhancing product differentiation and upsell potential for Creative Cloud customers. Read More.
• Positive Sentiment: Adobe expanded its MLB partnership to deliver AI‑driven fan experiences — a commercial reference point that can help sell Adobe Experience Cloud and related services to large brands. Read More.
• Neutral Sentiment: Market focus on Q1 results (reporting March 12) is raising volatility — options traders expect a sizeable move and several earnings previews highlight that revenue/EPS beats or a cautious guide could swing the stock either way. Read More.
• Negative Sentiment: Multiple analysts trimmed targets and tone: TD Cowen cut its PT to $325 (hold) and Citigroup reduced its target as well — analyst downgrades are weighing on sentiment and were cited as a near‑term catalyst for the selloff. Read More.
• Negative Sentiment: Short interest rose in February to ~14.3M shares (about 3.5% of shares outstanding, ~2.9 days to cover) — higher short exposure increases downside pressure and volatility into earnings. (Data reported in market notices.)
• Negative Sentiment: Emerging competitors and open‑source AI initiatives (e.g., Veeso, Nvidia’s NemoClaw) highlight intensifying competition in AI‑driven design tools, which could pressure growth assumptions if Adobe’s commercial traction lags. Read More. and Read More.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.20% of the stock is owned by corporate insiders.

Adobe Stock Down 2.6%

ADBE opened at $275.13 on Wednesday. The company has a market capitalization of $112.94 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 1.11 and a beta of 1.53. The firm has a 50-day simple moving average of $288.69 and a two-hundred day simple moving average of $324.75. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. Adobe Inc. has a 52 week low of $244.28 and a 52 week high of $443.90.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the previous year, the firm posted $4.81 earnings per share. The business’s revenue was up 10.5% compared to the same quarter last year. Analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ADBE shares. Robert W. Baird set a $350.00 price target on Adobe in a research note on Wednesday, January 14th. Oppenheimer downgraded Adobe from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 13th. HSBC set a $302.00 price objective on Adobe in a research note on Friday, February 13th. Stifel Nicolaus decreased their target price on Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Finally, Barclays lowered their price target on Adobe from $415.00 to $335.00 and set an “overweight” rating on the stock in a report on Wednesday, March 4th. One investment 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $383.08.

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.