Adobe Inc. $ADBE Shares Purchased by Cantillon Capital Management LLC

Cantillon Capital Management LLC grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 16.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,000,308 shares of the software company’s stock after buying an additional 143,679 shares during the quarter. Adobe accounts for 1.9% of Cantillon Capital Management LLC’s portfolio, making the stock its 26th largest position. Cantillon Capital Management LLC’s holdings in Adobe were worth $352,859,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. CX Institutional increased its stake in Adobe by 72.9% during the 3rd quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after buying an additional 11,769 shares during the period. Wright Investors Service Inc. boosted its position in Adobe by 114.4% in the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares during the last quarter. Lathrop Investment Management Co. grew its stake in shares of Adobe by 2.8% during the second quarter. Lathrop Investment Management Co. now owns 26,544 shares of the software company’s stock valued at $10,269,000 after acquiring an additional 718 shares in the last quarter. Mcdaniel Terry & Co. increased its position in shares of Adobe by 2.8% during the second quarter. Mcdaniel Terry & Co. now owns 39,507 shares of the software company’s stock worth $15,284,000 after acquiring an additional 1,093 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new position in shares of Adobe in the third quarter worth about $24,904,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Transactions at Adobe

In related news, CAO Jillian Forusz sold 149 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the completion of the transaction, the chief accounting officer directly owned 3,426 shares of the company’s stock, valued at $1,157,576.88. This represents a 4.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ADBE. The Goldman Sachs Group assumed coverage on Adobe in a research note on Monday, January 12th. They set a “sell” rating and a $290.00 price objective for the company. UBS Group set a $487.00 price target on shares of Adobe in a research report on Sunday, December 14th. DA Davidson reaffirmed a “buy” rating and issued a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. Wolfe Research reduced their price objective on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. Finally, TD Cowen dropped their target price on shares of Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Adobe presently has an average rating of “Hold” and an average price target of $402.85.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: New AI products and measurable user gains — Adobe’s AI additions (Acrobat, Express, Firefly and video tools) are credited with double‑digit MAU growth and helped Digital Media revenue rise ~11% in FY25, suggesting improved monetization from AI features. Adobe’s Digital Media Revenues Gain Traction
• Positive Sentiment: Strategic partnerships with entertainment players — Adobe is pushing “IP‑safe” GenAI models (Firefly Foundry) and teaming with talent agencies/filmmakers, positioning it to capture creative workflows and licensing opportunities in media production. Adobe is developing “IP-safe” gen AI models for the entertainment industry
• Positive Sentiment: Brand and creator investments — Adobe’s public initiatives (panels at Sundance, a $10M film & TV fund and creator grants) expand its ecosystem and may accelerate adoption among pros and studios. Variety and Adobe to Host Six Expert Panels at Sundance
• Neutral Sentiment: Market reaction commentary — Some market writeups note Adobe outperformed a broader upswing today, reflecting short‑term sentiment rather than a change to fundamentals. Adobe Systems (ADBE) Beats Stock Market Upswing
• Negative Sentiment: Valuation and sentiment drag — Adobe shares have fallen from prior highs and multiple outlets frame the pullback as either a buying opportunity or a value‑trap; that fear is pressuring the stock multiple. Adobe Stock Price Crash Supercharges
• Negative Sentiment: Competitive and analyst concerns — Analysts highlight intensifying competition (ServiceNow and other AI plays) that could limit Adobe’s growth runway and warrant more cautious forecasts. ServiceNow vs. Adobe
• Negative Sentiment: M&A/legal overhang — A shareholder‑rights firm has opened an investigation into Adobe’s $12 buyout offer for Semrush, creating potential legal noise and transaction risk that can weigh on sentiment near term. Johnson Fistel Investigates Semrush Shareholders’ Rights

Adobe Stock Up 1.8%

ADBE stock opened at $299.62 on Friday. The firm has a market cap of $122.99 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.16 and a beta of 1.53. Adobe Inc. has a 1-year low of $288.33 and a 1-year high of $465.70. The firm has a fifty day moving average price of $331.70 and a two-hundred day moving average price of $345.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business posted $4.81 EPS. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

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.