Compound Planning Inc. Boosts Holdings in Adobe Inc. $ADBE

Key Points

• Compound Planning Inc. increased its stake in Adobe Inc. by 24.4% in Q1, resulting in holdings valued at $1,831,000.
• Adobe Inc. reported earnings of $5.06 EPS for the recent quarter, beating expectations and showing a 10.6% year-over-year revenue growth.
• Analysts have provided mixed ratings for Adobe, with two upgrades to "Strong Buy" and downgraded ratings, leading to a consensus rating of "Moderate Buy" and an average price target of $467.58.

Compound Planning Inc. lifted its holdings in Adobe Inc. (NASDAQ:ADBE - Free Report) by 24.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,774 shares of the software company's stock after purchasing an additional 936 shares during the quarter. Compound Planning Inc.'s holdings in Adobe were worth $1,831,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Garde Capital Inc. bought a new stake in Adobe during the first quarter worth $34,000. PFG Advisors raised its position in Adobe by 20.8% during the first quarter. PFG Advisors now owns 4,964 shares of the software company's stock worth $1,904,000 after acquiring an additional 855 shares in the last quarter. Krane Funds Advisors LLC increased its holdings in shares of Adobe by 110.4% in the first quarter. Krane Funds Advisors LLC now owns 1,391 shares of the software company's stock valued at $533,000 after purchasing an additional 730 shares during the last quarter. Financial Counselors Inc. increased its holdings in shares of Adobe by 9.2% in the first quarter. Financial Counselors Inc. now owns 62,851 shares of the software company's stock valued at $24,105,000 after purchasing an additional 5,298 shares during the last quarter. Finally, Koss Olinger Consulting LLC acquired a new position in shares of Adobe in the first quarter valued at $305,000. Institutional investors own 81.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ADBE shares. BMO Capital Markets restated an "outperform" rating and issued a $450.00 price target on shares of Adobe in a research note on Friday, June 13th. Rothschild & Co Redburn downgraded shares of Adobe from a "neutral" rating to a "sell" rating and set a $280.00 price objective on the stock. in a research note on Wednesday, July 2nd. Melius downgraded shares of Adobe from a "hold" rating to a "sell" rating and set a $310.00 price objective on the stock. in a research note on Monday, August 11th. Royal Bank Of Canada reiterated an "outperform" rating and set a $480.00 price objective on shares of Adobe in a research note on Thursday, June 5th. Finally, Robert W. Baird increased their target price on shares of Adobe from $410.00 to $425.00 and gave the stock a "neutral" rating in a report on Monday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Adobe presently has an average rating of "Moderate Buy" and a consensus price target of $467.58.

Adobe Stock Up 0.3%

NASDAQ ADBE traded up $1.12 during mid-day trading on Wednesday, hitting $356.03. The company's stock had a trading volume of 931,626 shares, compared to its average volume of 3,749,534. The company's 50 day simple moving average is $365.25 and its 200 day simple moving average is $388.59. Adobe Inc. has a twelve month low of $330.04 and a twelve month high of $587.75. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $151.03 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.72 and a beta of 1.51.

Adobe (NASDAQ:ADBE - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The software company reported $5.06 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.09. Adobe had a return on equity of 53.68% and a net margin of 30.39%.The business had revenue of $5.87 billion for the quarter, compared to analysts' expectations of $5.80 billion. During the same period last year, the business earned $4.48 EPS. The business's revenue was up 10.6% on a year-over-year basis. Adobe has set its Q3 2025 guidance at 5.150-5.200 EPS. FY 2025 guidance at 20.500-20.700 EPS. Analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current year.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.