Adobe Inc. $ADBE Shares Acquired by Generali Investments Towarzystwo Funduszy Inwestycyjnych

Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in Adobe Inc. (NASDAQ:ADBE) by 19.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,516 shares of the software company’s stock after acquiring an additional 2,900 shares during the quarter. Adobe makes up 3.3% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s portfolio, making the stock its 5th biggest position. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Adobe were worth $6,179,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Norges Bank acquired a new position in Adobe during the 2nd quarter worth approximately $2,029,950,000. Franklin Resources Inc. grew its stake in Adobe by 68.9% in the second quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after acquiring an additional 791,077 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Adobe by 218.5% during the second quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock valued at $415,434,000 after acquiring an additional 736,682 shares in the last quarter. Invesco Ltd. raised its position in shares of Adobe by 16.1% during the second quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock worth $1,705,043,000 after purchasing an additional 610,215 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Adobe by 17.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock worth $1,417,587,000 after purchasing an additional 548,903 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Stock Performance

Shares of ADBE opened at $304.72 on Tuesday. The stock has a 50 day moving average of $330.69 and a 200 day moving average of $343.59. The company has a market capitalization of $125.09 billion, a price-to-earnings ratio of 18.24, a PEG ratio of 1.18 and a beta of 1.53. Adobe Inc. has a 12 month low of $288.33 and a 12 month 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.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share 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 for the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the previous year, the firm earned $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. As a group, sell-side analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $337.88, for a total transaction of $50,344.12. Following the completion of the sale, the chief accounting officer owned 3,426 shares in the company, valued at approximately $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ADBE shares. UBS Group lowered their price objective on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating on the stock in a report on Monday. Mizuho decreased their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Barclays reaffirmed an “overweight” rating and issued a $415.00 price target on shares of Adobe in a research report on Friday, December 5th. Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Robert W. Baird set a $350.00 price objective on Adobe in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $397.19.

About Adobe

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.