DE Burlo Group Inc. Lowers Stock Holdings in Adobe Inc. $ADBE

DE Burlo Group Inc. cut its holdings in Adobe Inc. (NASDAQ:ADBE) by 20.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,135 shares of the software company’s stock after selling 1,885 shares during the period. DE Burlo Group Inc.’s holdings in Adobe were worth $2,517,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. LSV Asset Management grew its position in shares of Adobe by 350.0% in the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares during the period. Caitlin John LLC purchased a new position in Adobe during the third quarter worth about $28,000. Horizon Financial Services LLC lifted its position in Adobe by 4,000.0% during the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after buying an additional 80 shares during the period. Total Investment Management Inc. acquired a new stake in Adobe in the 2nd quarter worth about $35,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in Adobe in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

NASDAQ ADBE opened at $275.13 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a 1-year low of $244.28 and a 1-year high of $443.90. The firm has a market capitalization of $112.94 billion, a P/E ratio of 16.47, a P/E/G ratio of 1.11 and a beta of 1.53. The business’s 50-day simple moving average is $288.69 and its 200-day simple moving average is $324.75.

Adobe (NASDAQ:ADBE) last posted its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the company earned $4.81 EPS. The company’s revenue was up 10.5% on a year-over-year basis. Equities analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. HSBC set a $302.00 price objective on shares of Adobe in a research note on Friday, February 13th. UBS Group lowered their target price on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Wolfe Research dropped their price target on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Thursday, December 11th. BMO Capital Markets downgraded shares of Adobe from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $400.00 to $375.00 in a research note on Friday, January 9th. Finally, DA Davidson reiterated a “buy” rating and issued a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $383.08.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched conversational AI editing in Photoshop and smarter Firefly image‑editing tools (public beta), enhancing product differentiation and upsell potential for Creative Cloud customers. Read More.
• Positive Sentiment: Adobe expanded its MLB partnership to deliver AI‑driven fan experiences — a commercial reference point that can help sell Adobe Experience Cloud and related services to large brands. Read More.
• Neutral Sentiment: Market focus on Q1 results (reporting March 12) is raising volatility — options traders expect a sizeable move and several earnings previews highlight that revenue/EPS beats or a cautious guide could swing the stock either way. Read More.
• Negative Sentiment: Multiple analysts trimmed targets and tone: TD Cowen cut its PT to $325 (hold) and Citigroup reduced its target as well — analyst downgrades are weighing on sentiment and were cited as a near‑term catalyst for the selloff. Read More.
• Negative Sentiment: Short interest rose in February to ~14.3M shares (about 3.5% of shares outstanding, ~2.9 days to cover) — higher short exposure increases downside pressure and volatility into earnings. (Data reported in market notices.)
• Negative Sentiment: Emerging competitors and open‑source AI initiatives (e.g., Veeso, Nvidia’s NemoClaw) highlight intensifying competition in AI‑driven design tools, which could pressure growth assumptions if Adobe’s commercial traction lags. Read More. and Read More.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $12,382,225.75. The trade was 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. 0.20% of the stock is currently owned by corporate insiders.

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.