Adobe Inc. $ADBE Stock Acquired by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC increased its Adobe stake by 319.1% in the third quarter, bringing its holdings to 38,768 shares valued at approximately $9.3 million. Institutional investors collectively own 81.79% of Adobe.
• Adobe exceeded quarterly expectations, reporting $6.13 in EPS and $6.76 billion in revenue, with revenue up 12.9% year over year. Management issued fiscal 2026 EPS guidance of $24.45–$24.50.
• Analysts maintain a broadly cautious view, with Adobe carrying an average “Hold” rating and a $283.90 price target. Investors remain focused on whether Adobe can monetize AI effectively amid competitive pressure and a substantial year-to-date stock decline.

International Assets Investment Management LLC boosted its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 319.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,768 shares of the software company's stock after acquiring an additional 29,518 shares during the period. International Assets Investment Management LLC's holdings in Adobe were worth $9,302,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Adobe during the second quarter valued at about $8,437,821,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Adobe by 9.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company's stock worth $1,651,066,000 after purchasing an additional 563,772 shares during the last quarter. Amundi grew its stake in shares of Adobe by 1.1% in the first quarter. Amundi now owns 4,724,102 shares of the software company's stock worth $1,148,335,000 after purchasing an additional 53,424 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Adobe in the second quarter worth about $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Adobe by 0.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company's stock worth $1,034,438,000 after purchasing an additional 18,995 shares during the last quarter. Hedge funds and other institutional investors own 81.79% of the company's stock.

Adobe Stock Performance

Shares of ADBE stock opened at $250.23 on Friday. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $362.71. The stock has a market cap of $97.39 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 0.87 and a beta of 1.42. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41. The company's fifty day moving average price is $254.37 and its 200-day moving average price is $250.98.

Adobe (NASDAQ:ADBE - Get Free Report) last issued 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. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The company had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same period last year, the business earned $5.31 EPS. Adobe's quarterly revenue was up 12.9% compared to the same quarter last year. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. On average, equities analysts expect that Adobe Inc. will post 20.01 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on ADBE shares. Mizuho set a $260.00 price target on Adobe and gave the company a "neutral" rating in a research report on Tuesday, September 8th. Robert W. Baird increased their price objective on Adobe from $230.00 to $250.00 and gave the stock a "neutral" rating in a report on Friday, September 11th. The Goldman Sachs Group lifted their price objective on Adobe from $190.00 to $200.00 and gave the stock a "sell" rating in a research report on Monday, September 14th. JPMorgan Chase & Co. reduced their target price on Adobe from $340.00 to $315.00 and set an "overweight" rating on the stock in a research note on Friday, September 11th. Finally, Morgan Stanley restated an "underweight" rating on shares of Adobe in a report on Friday, September 11th. Nine investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $283.90.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s partnership with Alpine aims to use AI to enhance fan engagement by 2027, providing a potential new commercial application for Adobe’s AI capabilities. The announcement appears to be supporting investor sentiment. Adobe stock gains as Alpine AI partnership targets 2027 fan engagement
• Positive Sentiment: Analyst commentary favors Adobe over Pegasystems, citing stronger revenue growth, expanding AI monetization and a lower valuation. Adobe’s established creative and document-software franchises also continue to support roughly 30% net margins. ADBE vs. PEGA: Which Enterprise Software Stock Has an Edge?
• Positive Sentiment: Adobe recently exceeded quarterly EPS and revenue expectations, while management’s full-year guidance indicates continued earnings growth. Its comparatively low valuation may attract value-oriented investors after the prolonged selloff.
• Neutral Sentiment: Adobe is scheduled to report its next quarterly results, with analysts expecting double-digit year-over-year EPS growth. The report could become the next major catalyst, particularly for evidence that AI adoption is translating into revenue. What to Expect From Adobe’s Next Quarterly Earnings Report
• Neutral Sentiment: Adobe joined other companies challenging the trading of tokenized versions of their shares on the OKX-ICE platform, arguing that unregulated products could weaken shareholder protections. The move is mainly a corporate-governance matter rather than a direct earnings catalyst. Adobe joins companies challenging tokenized stock trading
• Negative Sentiment: Adobe remains down substantially for the year as investors worry that generative-AI competitors could pressure its core creative-software business and challenge future growth. The market is therefore likely to demand tangible AI monetization in upcoming results. Adobe drops 29% year to date

Insiders Place Their Bets

In other Adobe news, CEO Shantanu Narayen sold 50,500 shares of the firm's stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the completion of the transaction, the chief executive officer owned 238,724 shares of the company's stock, valued at approximately $59,578,348.68. This trade represents a 17.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company's stock.

Adobe Company Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company's Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.

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