Adobe Inc. $ADBE Shares Bought by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG grew its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 19.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,031 shares of the software company’s stock after purchasing an additional 5,012 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Adobe were worth $10,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ADBE. CX Institutional grew its position in Adobe by 72.9% in the 3rd quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after purchasing an additional 11,769 shares during the last quarter. Wright Investors Service Inc. raised its holdings in shares of Adobe by 114.4% during the third quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of Adobe by 185.1% during the third quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock worth $316,913,000 after buying an additional 583,275 shares during the period. Jones Financial Companies Lllp grew its holdings in Adobe by 43.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock worth $38,309,000 after buying an additional 32,448 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Adobe by 112.6% in the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after buying an additional 710,357 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the company’s 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 completion of the sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bridgewater/Ray Dalio exposure signals institutional confidence in Adobe’s long-term story; Dalio-led Bridgewater has held ADBE in 13F filings historically, which can attract investor interest and support valuation. Billionaire Ray Dalio Is Buying This Software Stock
• Positive Sentiment: Omnicom’s launch of a unified Adobe practice (through Credera/LeapPoint) expands Adobe’s enterprise integration and channel reach, potentially increasing enterprise seat sales and implementation projects. Omnicom’s Transformation Consultancy Strengthens Capabilities with the Launch of Unified Adobe Practice
• Positive Sentiment: Product momentum: Adobe’s launch of “Turntable” in Illustrator and continued Firefly custom AI model development strengthen its creative-product roadmap and stickiness with creatives — supports monetization and differentiation vs. new AI entrants. Adobe launches Turntable in Illustrator What makes Adobe Firefly’s custom AI models so exciting for creatives
• Neutral Sentiment: Analyst/investor commentary labels Adobe as undervalued or a value pick in some lists — this can attract long‑term buyers but may take time to move the stock absent stronger near‑term catalysts. 5 Most Undervalued Value Stocks to Buy Right Now
• Negative Sentiment: Despite a recent beat (quarterly EPS and revenue topped estimates and Adobe set FY‑2026 guidance), the stock was sluggish after earnings — suggests the market is already pricing future growth/AI execution risks into the shares. Adobe Is Posting Promising Earnings But The Good News Doesn’t Stop There
• Negative Sentiment: Macro/competitive concern: Coverage questioning whether the creative economy still needs Adobe in the AI era raises execution risk — investors may be cautious until Adobe proves monetization of AI features and defends its moat. Adobe faces an AI-era test of whether the creative economy still needs it
• Negative Sentiment: Sector pressure: a broader software-stock selloff is weighing on Adobe along with peers; even company‑specific positives can be muted when sentiment in the group is weak. Software Stocks: Values or Traps?

Adobe Stock Performance

ADBE opened at $241.37 on Thursday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The firm has a market cap of $97.56 billion, a PE ratio of 14.06, a P/E/G ratio of 0.95 and a beta of 1.53. The business has a fifty day simple moving average of $265.27 and a 200-day simple moving average of $313.19. Adobe Inc. has a fifty-two week low of $233.15 and a fifty-two week high of $422.95.

Adobe (NASDAQ:ADBE) last announced its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The company had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period in the previous year, the firm earned $5.08 earnings per share. Adobe’s revenue for the quarter was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. As a group, equities analysts predict that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Analyst Ratings Changes

ADBE has been the topic of several recent analyst reports. Citigroup cut their target price on Adobe from $315.00 to $278.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. BMO Capital Markets decreased their price target on Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Adobe in a report on Friday, March 13th. Stifel Nicolaus reduced their price objective on shares of Adobe from $450.00 to $400.00 and set a “buy” rating for the company in a report on Friday, March 13th. Finally, Morgan Stanley decreased their target price on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $343.88.

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.