Adobe Inc. $ADBE Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 43.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 106,598 shares of the software company’s stock after purchasing an additional 32,448 shares during the quarter. Jones Financial Companies Lllp’s holdings in Adobe were worth $38,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Riverbend Wealth Management LLC increased its position in shares of Adobe by 1.8% in the 3rd quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock worth $588,000 after purchasing an additional 29 shares during the last quarter. FSM Wealth Advisors LLC grew its stake in Adobe by 1.1% in the second quarter. FSM Wealth Advisors LLC now owns 2,644 shares of the software company’s stock worth $997,000 after purchasing an additional 30 shares in the last quarter. Intellus Advisors LLC increased its holdings in Adobe by 1.6% in the second quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock valued at $720,000 after buying an additional 30 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in Adobe by 5.5% during the third quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock valued at $204,000 after buying an additional 30 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC lifted its holdings in Adobe by 44.9% during the 2nd quarter. Barnes Dennig Private Wealth Management LLC now owns 100 shares of the software company’s stock worth $39,000 after buying an additional 31 shares during the last quarter. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe opened up a capability for unlimited generations in its Firefly AI Studio, which strengthens its AI product value proposition for creatives and could help drive higher engagement and monetization of generative features. Adobe announces it will now allow for unlimited generations in its Firefly AI Studio
• Positive Sentiment: Wall Street commentary remains broadly constructive, with several analysts continuing to highlight long-term upside and Adobe’s strong cash flow profile despite near-term headwinds. Wall Street maintains a positive outlook on Adobe Inc. (ADBE)
• Positive Sentiment: Adobe’s CFOs and other executives are publicly framing AI scaling (data, governance, production) as a prioritized, measurable initiative — messaging that supports the company’s long-term AI strategy and enterprise adoption. What CFOs at Adobe, Dataminr, and Huntington say about scaling AI
• Neutral Sentiment: Competitive analysis vs. Figma highlights mixed dynamics — faster growth at peers but Adobe’s much larger free cash flow and profitability, leaving valuation and growth trade-offs in focus for investors. Better Creative Tools Stock: Figma vs. Adobe
• Neutral Sentiment: Investor interest pages (Zacks, trending stories) show elevated attention but not a clear directional signal — useful for monitoring sentiment flow rather than immediate fundamentals. Is Trending Stock Adobe Inc. (ADBE) a Buy Now?
• Neutral Sentiment: Reported short-interest figures in the feed are inconsistent/zeroed out and do not provide a reliable signal today; continue to watch published short-interest reports for confirmation.
• Negative Sentiment: Adobe will discontinue Adobe Animate (shutting down March 1, 2026) as it reallocates resources toward AI — a move that could disrupt existing Animate customers and raises questions about product retention and execution in niche creative tools. Adobe Animate is shutting down as company focuses on AI
• Negative Sentiment: Baird recently cut its price target to $350 (from $410) citing AI competition and growth hurdles; other firms have trimmed targets or ratings, adding near-term selling pressure. Baird Slashes Adobe (ADB) PT to $350 Amid AI Competition, Growth Hurdles
• Negative Sentiment: Technical/market-watchers note Adobe has seen a large pullback (TipRanks: another ~12% last month) and is approaching a “make-or-break” support level — an added technical reason for investor caution. Adobe Stock (ADBE) Draws Near to Make-or-Break Support Level

Adobe Price Performance

NASDAQ ADBE opened at $293.38 on Tuesday. Adobe Inc. has a 52 week low of $284.60 and a 52 week high of $465.70. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The stock has a market cap of $120.43 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 1.15 and a beta of 1.51. The company has a 50-day moving average price of $328.24 and a two-hundred day moving average price of $341.14.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the firm posted $4.81 earnings per share. The business’s revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

Analysts Set New Price Targets

ADBE has been the subject of a number of research analyst reports. Mizuho lowered their price target on Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Piper Sandler lowered shares of Adobe from an “overweight” rating to a “neutral” rating and set a $330.00 target price for the company. in a research note on Monday. Morgan Stanley reduced their price target on shares of Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 11th. Citigroup boosted their price objective on shares of Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. Finally, Barclays reissued an “overweight” rating and issued a $415.00 target price on shares of Adobe in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $391.81.

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.16% of the company’s stock.

Adobe Company 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.