B. Metzler seel. Sohn & Co. AG Has $17.34 Million Holdings in Adobe Inc. $ADBE

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in Adobe Inc. by 9.1%, amassing a total value of $17.34 million after acquiring additional shares in the first quarter.
• Institutional investors and hedge funds now own 81.79% of Adobe's stock, indicating strong institutional interest in the company.
• Adobe reported a quarterly earnings per share of $5.06, exceeding expectations and demonstrating a year-over-year revenue growth of 10.6% during its recent earnings call.

B. Metzler seel. Sohn & Co. AG increased its holdings in Adobe Inc. (NASDAQ:ADBE - Free Report) by 9.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,223 shares of the software company's stock after acquiring an additional 3,754 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Adobe were worth $17,344,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADBE. Brighton Jones LLC increased its stake in Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company's stock valued at $3,588,000 after buying an additional 167 shares during the last quarter. Bank Pictet & Cie Europe AG increased its stake in Adobe by 2.7% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 28,969 shares of the software company's stock valued at $12,882,000 after buying an additional 756 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Adobe in the 4th quarter valued at about $2,374,000. Bellwether Advisors LLC purchased a new stake in Adobe in the 4th quarter valued at about $78,000. Finally, AdvisorShares Investments LLC purchased a new stake in Adobe in the 4th quarter valued at about $7,070,000. Institutional investors and hedge funds own 81.79% of the company's stock.

Wall Street Analysts Forecast Growth

ADBE has been the subject of a number of research reports. Royal Bank Of Canada reissued an "outperform" rating and set a $480.00 target price on shares of Adobe in a research report on Thursday, June 5th. DA Davidson reissued a "buy" rating and set a $500.00 target price on shares of Adobe in a research report on Friday, June 20th. Melius downgraded shares of Adobe from a "hold" rating to a "sell" rating and set a $310.00 target price for the company. in a research report on Monday, August 11th. JMP Securities reaffirmed a "market perform" rating on shares of Adobe in a report on Monday, June 23rd. Finally, UBS Group raised their price objective on shares of Adobe from $380.00 to $430.00 and gave the stock a "neutral" rating in a report on Monday, June 9th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $467.58.

Adobe Stock Down 2.3%

Shares of NASDAQ:ADBE opened at $354.91 on Wednesday. The firm has a fifty day moving average price of $365.25 and a two-hundred day moving average price of $388.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. Adobe Inc. has a one year low of $330.04 and a one year high of $587.75. The company has a market cap of $150.55 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 1.72 and a beta of 1.51.

Adobe (NASDAQ:ADBE - Get Free Report) last posted 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. The firm had revenue of $5.87 billion for the quarter, compared to analysts' expectations of $5.80 billion. Adobe had a net margin of 30.39% and a return on equity of 53.68%. The business's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company posted $4.48 EPS. 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 EPS for the current fiscal year.

Adobe 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.

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