UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.03 Billion Stock Position in Adobe Inc. $ADBE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,045,547 shares of the software company's stock after purchasing an additional 18,995 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.27% of Adobe worth $1,034,438,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. New Mexico Educational Retirement Board increased its stake in shares of Adobe by 5.2% in the 2nd quarter. New Mexico Educational Retirement Board now owns 20,318 shares of the software company's stock valued at $4,166,000 after purchasing an additional 1,000 shares during the last quarter. Mufg Securities Americas Inc. lifted its position in shares of Adobe by 7.2% during the 2nd quarter. Mufg Securities Americas Inc. now owns 12,174 shares of the software company's stock worth $2,496,000 after buying an additional 815 shares during the last quarter. Nissay Asset Management Corp Japan boosted its stake in Adobe by 3.3% in the second quarter. Nissay Asset Management Corp Japan now owns 127,620 shares of the software company's stock valued at $26,165,000 after buying an additional 4,065 shares in the last quarter. Field & Main Bank acquired a new stake in Adobe in the second quarter valued at about $87,000. Finally, Wellington Management Group LLP grew its position in Adobe by 142.6% in the second quarter. Wellington Management Group LLP now owns 117,477 shares of the software company's stock valued at $24,085,000 after acquiring an additional 69,059 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company's stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s stock broke above technical resistance near $275 and $285 and reclaimed key moving averages. Analysts identified potential upside targets around $306.30 and $330.61, while a developing “golden cross” pattern is supporting bullish momentum ahead of the company’s upcoming earnings report. Adobe Stock Breakout Targets $306, Then $330 as ADBE Reverses
• Positive Sentiment: Strong results and guidance remain a fundamental support. Adobe’s latest quarter exceeded consensus estimates for both earnings and revenue, with revenue up 12.7% year over year; management’s fiscal 2026 EPS guidance is $24.35–$24.45.
• Positive Sentiment: Adobe is expanding AI capabilities across Photoshop, Firefly, Acrobat and Adobe Express. Photoshop’s optional prompt-based AI editing mode could improve product engagement and reinforce Adobe’s competitive position in creative software. Adobe Photoshop Adds a Whole New AI Editing Mode
• Positive Sentiment: An expanded, multiyear partnership with Stagwell will integrate Adobe’s data intelligence, creative transformation and AI tools into enterprise marketing initiatives, potentially supporting customer acquisition and retention. Stagwell Expands Strategic Partnership with Adobe
• Neutral Sentiment: Adobe benefited from a broader enterprise-software rally after Salesforce reported strong results, raised guidance and announced an Anthropic partnership. The move is a sector read-through rather than an Adobe-specific financial update. Salesforce Soars as Enterprise Software Rebounds
• Negative Sentiment: A comparison with Shopify suggests Adobe is lagging in AI-driven ecommerce, where Shopify is benefiting from faster gross merchandise volume growth, greater payments adoption and expanding agentic-commerce capabilities. This may raise concerns about Adobe’s relative growth opportunities outside its core creative and document franchises. SHOP vs. ADBE: Which Stock Has the Edge in AI-Driven Ecommerce?

Insider Activity at Adobe

In other Adobe news, Director David A. Ricks purchased 10,000 shares of the business's stock in a transaction dated Thursday, June 25th. The shares were bought at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the acquisition, the director owned 17,655 shares in the company, valued at approximately $3,434,074.05. This trade represents a 130.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jillian Forusz sold 416 shares of the business's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the sale, the chief accounting officer directly owned 3,824 shares in the company, valued at approximately $1,010,797.92. This represents a 9.81% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Freedom Capital cut shares of Adobe from a "strong-buy" rating to a "hold" rating in a report on Friday, June 12th. Piper Sandler decreased their price target on shares of Adobe from $280.00 to $240.00 and set a "neutral" rating on the stock in a report on Friday, June 12th. Jefferies Financial Group lowered their price objective on shares of Adobe from $290.00 to $230.00 and set a "hold" rating for the company in a research report on Friday, June 12th. Citigroup reissued a "market perform" rating on shares of Adobe in a research note on Friday, June 12th. Finally, Royal Bank Of Canada cut their target price on shares of Adobe from $350.00 to $285.00 and set an "outperform" rating on the stock in a research report on Monday, June 8th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Adobe presently has a consensus rating of "Hold" and an average target price of $270.96.

Adobe Stock Performance

Shares of ADBE stock opened at $291.52 on Friday. The business's 50-day moving average price is $240.67 and its 200-day moving average price is $245.14. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $370.86. The firm has a market capitalization of $115.88 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.98 and a beta of 1.40. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42.

Adobe (NASDAQ:ADBE - Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping the consensus estimate of $5.82 by $0.14. The company had revenue of $6.62 billion for the quarter, compared to analysts' expectations of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The business's quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the business posted $5.06 earnings per share. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Equities research analysts forecast that Adobe Inc. will post 19.81 EPS for the current year.

Adobe Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company's core offerings are organized around digital media and digital experience.

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