Epoch Investment Partners Inc. Has $89.91 Million Holdings in Adobe Inc. $ADBE

Key Points

• Epoch Investment Partners Inc. boosted its stake in Adobe Inc. by 17.7% in Q1, totaling approximately $89.91 million for 234,422 shares.
• Several institutional investors have also increased their holdings in Adobe, with FORA Capital LLC raising its position by 1,148.7% during the same period.
• Adobe's recent earnings report showed $5.06 EPS, surpassing estimates, with a year-over-year revenue increase of 10.6% to $5.87 billion.

Epoch Investment Partners Inc. increased its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 17.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,422 shares of the software company's stock after acquiring an additional 35,290 shares during the quarter. Epoch Investment Partners Inc. owned about 0.06% of Adobe worth $89,908,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ADBE. Brighton Jones LLC raised its holdings in Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company's stock worth $3,588,000 after acquiring an additional 167 shares during the period. Bank Pictet & Cie Europe AG raised its holdings 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 worth $12,882,000 after acquiring an additional 756 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in Adobe in the 4th quarter worth $2,374,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in Adobe in the 4th quarter worth $491,000. Finally, Bellwether Advisors LLC bought a new position in Adobe in the 4th quarter worth $78,000. Institutional investors own 81.79% of the company's stock.

Adobe Price Performance

Shares of Adobe stock traded up $2.74 during trading on Friday, hitting $356.70. 2,630,352 shares of the company's stock traded hands, compared to its average volume of 3,747,045. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. The firm's fifty day moving average price is $364.33 and its 200 day moving average price is $387.70. Adobe Inc. has a twelve month low of $330.04 and a twelve month high of $587.75. The company has a market cap of $151.31 billion, a PE ratio of 22.82, a PEG ratio of 1.69 and a beta of 1.51.

Adobe (NASDAQ:ADBE - Get Free Report) last issued its earnings results 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 net margin of 30.39% and a return on equity of 53.68%. The business had revenue of $5.87 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same period in the previous year, the business earned $4.48 EPS. The firm'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 forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on ADBE shares. Mizuho dropped their price objective on shares of Adobe from $575.00 to $530.00 and set an "outperform" rating on the stock in a report on Friday, June 13th. Wall Street Zen downgraded shares of Adobe from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Royal Bank Of Canada restated an "outperform" rating and set a $480.00 price objective on shares of Adobe in a report on Thursday, June 5th. JMP Securities restated a "market perform" rating on shares of Adobe in a report on Monday, June 23rd. Finally, Redburn Atlantic downgraded shares of Adobe from a "hold" rating to a "strong sell" rating and dropped their price objective for the stock from $420.00 to $280.00 in a report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Adobe currently has an average rating of "Moderate Buy" and a consensus target price of $466.42.

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.