Adobe Inc. $ADBE Stake Decreased by Nordea Investment Management AB

Nordea Investment Management AB cut its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,250,642 shares of the software company’s stock after selling 158,633 shares during the period. Nordea Investment Management AB’s holdings in Adobe were worth $438,262,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ADBE. Norges Bank bought a new stake in Adobe during the 2nd quarter valued at $2,029,950,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Adobe by 53.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock worth $1,981,448,000 after purchasing an additional 1,952,994 shares in the last quarter. Dodge & Cox increased its holdings in shares of Adobe by 8,006.6% during the third quarter. Dodge & Cox now owns 1,593,506 shares of the software company’s stock valued at $562,109,000 after purchasing an additional 1,573,849 shares during the period. AQR Capital Management LLC raised its stake in shares of Adobe by 55.2% during the third quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock valued at $912,705,000 after purchasing an additional 920,353 shares in the last quarter. Finally, Amundi raised its stake in shares of Adobe by 17.9% during the third quarter. Amundi now owns 4,888,283 shares of the software company’s stock valued at $1,711,583,000 after purchasing an additional 742,646 shares in the last quarter. 81.79% of the stock is owned by institutional investors.

Adobe Price Performance

Shares of NASDAQ ADBE opened at $248.15 on Friday. Adobe Inc. has a twelve month low of $241.00 and a twelve month high of $422.95. The company has a current ratio of 0.91, a quick ratio of 1.00 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average of $275.23 and a two-hundred day moving average of $319.34. The company has a market capitalization of $101.87 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 0.97 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the previous year, the company posted $5.08 EPS. The business’s revenue was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. As a group, analysts expect that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ADBE shares. Argus reiterated a “hold” rating on shares of Adobe in a research report on Monday, March 16th. Oppenheimer reaffirmed a “market perform” rating on shares of Adobe in a research note on Friday, March 13th. Wall Street Zen upgraded shares of Adobe from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. HSBC set a $302.00 price objective on shares of Adobe in a research note on Friday, February 13th. Finally, Weiss Ratings cut Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, Adobe currently has a consensus rating of “Hold” and a consensus price target of $343.88.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 results and guidance beat expectations — Adobe reported better‑than‑expected revenue and EPS and provided FY26/Q2 guidance, supporting the fundamental bull case (strong margins and AI product adoption).
• Positive Sentiment: Adobe partners with NVIDIA to bolster Firefly and AI workflows, a strategic tie that can accelerate product capabilities and enterprise adoption. Adobe Taps NVIDIA for AI
• Positive Sentiment: High‑profile commercial deals — expanded multi‑year MLB partnership increases Adobe’s enterprise reach and provides a visible use case for its AI and marketing tools. Adobe’s MLB Deal Puts AI Tools To The Test At Scale
• Neutral Sentiment: Data anomaly on short interest — recent filings show zero short interest (likely a reporting glitch), so short‑interest metrics are unreliable right now and not driving a clear directional signal.
• Neutral Sentiment: Several analyst pieces and think‑pieces (bull and bear) are amplifying volatility but offer mixed conclusions on valuation versus growth; these are influencing sentiment more than fundamentals. Assessing Adobe (ADBE) Valuation
• Negative Sentiment: Regulatory pressure — U.K. antitrust probe into early cancellation fees and a reported $75M remediation/penalty raise legal/operational risk and headline risk. UK regulator probes Adobe over cancellation fees
• Negative Sentiment: Competitive threats from Big Tech — Google’s redesigned Stitch platform and repeated comparisons showing Microsoft’s Azure/AI momentum are pressuring Adobe’s growth narrative and multiple. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Investor positioning and options activity — unusually large put buying and bearish commentary (including “SaaSpocalypse” headlines) signal elevated downside risk and likely contributed to recent selling pressure.
• Negative Sentiment: Leadership uncertainty — the announced CEO transition is cited in multiple analyses as a near‑term risk to sentiment and has added to the stock’s recent weakness. Microsoft vs. Adobe: Which Software Giant Has Better Upside Potential?

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.20% of the company’s stock.

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.