CW Advisors LLC Acquires 2,697 Shares of Adobe Inc. $ADBE

Key Points

• CW Advisors LLC increased its stake in Adobe Inc. by 37.8% in the first quarter, acquiring a total of 9,825 shares valued at approximately $3.77 million.
• Multiple brokerages have adjusted their ratings on Adobe, with Melius downgrading the stock to a "sell" with a price target of $310, while other analysts have set price targets as high as $500.
• Adobe recently reported quarterly earnings of $5.06 EPS, exceeding estimates and showing a 10.6% increase in revenue year-over-year, leading to positive adjusted Q3 2025 guidance.

CW Advisors LLC increased its holdings in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 37.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,825 shares of the software company's stock after buying an additional 2,697 shares during the quarter. CW Advisors LLC's holdings in Adobe were worth $3,774,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Adobe by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 41,143,835 shares of the software company's stock worth $15,779,895,000 after buying an additional 171,547 shares during the period. Bank of New York Mellon Corp raised its stake in Adobe by 14.4% during the 1st quarter. Bank of New York Mellon Corp now owns 6,530,611 shares of the software company's stock worth $2,504,685,000 after buying an additional 821,293 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Adobe by 12.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,341,695 shares of the software company's stock worth $2,375,345,000 after buying an additional 600,146 shares during the period. Northern Trust Corp raised its stake in Adobe by 14.5% during the 4th quarter. Northern Trust Corp now owns 5,314,215 shares of the software company's stock worth $2,363,125,000 after buying an additional 672,919 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in Adobe by 68.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,575,792 shares of the software company's stock worth $1,754,954,000 after buying an additional 1,856,544 shares during the period. Institutional investors and hedge funds own 81.79% of the company's stock.

Adobe Stock Up 0.4%

Shares of NASDAQ:ADBE traded up $1.57 during midday trading on Wednesday, reaching $356.48. The company had a trading volume of 1,695,537 shares, compared to its average volume of 3,753,729. Adobe Inc. has a 1-year low of $330.04 and a 1-year high of $587.75. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.54. The stock has a market cap of $151.22 billion, a PE ratio of 22.82, a P/E/G ratio of 1.72 and a beta of 1.51. The business's 50 day moving average price is $365.25 and its 200 day moving average price is $388.59.

Adobe (NASDAQ:ADBE - Get Free Report) last posted its quarterly earnings results on Thursday, June 12th. The software company reported $5.06 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $5.80 billion. During the same quarter last year, the company posted $4.48 earnings per share. Adobe's quarterly 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. Research analysts forecast that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on ADBE shares. Evercore ISI reaffirmed an "outperform" rating and set a $475.00 price objective on shares of Adobe in a research note on Friday, June 13th. Royal Bank Of Canada reissued an "outperform" rating and issued a $480.00 price target on shares of Adobe in a research note on Thursday, June 5th. UBS Group lifted their price target on Adobe from $380.00 to $430.00 and gave the company a "neutral" rating in a research note on Monday, June 9th. Oppenheimer dropped their price target on Adobe from $530.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, June 13th. Finally, Citigroup dropped their price target on Adobe from $465.00 to $450.00 and set a "neutral" rating on the stock in a research note on Monday, June 16th. Two investment 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 issued a Sell rating to the stock. According to MarketBeat, Adobe presently has a consensus rating of "Moderate Buy" and an average target price of $467.58.

About Adobe

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.