Quartz Partners LLC Makes New Investment in Adobe Inc. $ADBE

Posted by Stanley Muller on Aug 20th, 2026

Quartz Partners LLC purchased a new stake in Adobe Inc. (NASDAQ:ADBE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 22,078 shares of the software company’s stock, valued at approximately $4,526,000. Adobe makes up about 1.5% of Quartz Partners LLC’s portfolio, making the stock its 24th largest holding.

A number of other large investors have also recently modified their holdings of ADBE. SWAN Capital LLC increased its position in shares of Adobe by 43.1% in the third quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock worth $36,000 after purchasing an additional 31 shares during the last quarter. Logan Capital Management Inc. lifted its position in Adobe by 0.3% during the third quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock valued at $3,453,000 after purchasing an additional 32 shares during the last quarter. Vista Capital Partners Inc. lifted its position in Adobe by 5.8% during the second quarter. Vista Capital Partners Inc. now owns 624 shares of the software company’s stock valued at $241,000 after purchasing an additional 34 shares during the last quarter. Klingman & Associates LLC grew its stake in Adobe by 3.5% in the 4th quarter. Klingman & Associates LLC now owns 1,104 shares of the software company’s stock worth $386,000 after buying an additional 37 shares in the last quarter. Finally, WPG Advisers LLC increased its holdings in shares of Adobe by 45.9% in the 4th quarter. WPG Advisers LLC now owns 124 shares of the software company’s stock worth $43,000 after buying an additional 39 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe Trading Up 3.5%

Shares of ADBE opened at $272.47 on Thursday. The firm has a market cap of $108.31 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 0.89 and a beta of 1.40. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75. Adobe Inc. has a fifty-two week low of $190.12 and a fifty-two week high of $370.86. The firm has a 50 day moving average price of $230.10 and a 200-day moving average price of $244.93.

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

Insider Activity

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

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe’s recent rally has been supported by improving short-term momentum and a broader rotation out of semiconductor stocks into lagging technology names. The company is also viewed by some analysts as undervalued after its earlier decline. Netflix, Salesforce, and Adobe Rally as Investors Rotate Out of Semiconductors and Into Beaten Down Stocks Is It Too Late to Buy Adobe Inc After Rally? GF Value Says Undervalued
Positive Sentiment: Adobe’s freemium strategy for AI-powered tools— including holding off on some price increases to expand its user base—could accelerate adoption and support the company’s goal of double-digit annual recurring-revenue growth. Analysts also continue to favor Adobe over DocuSign, citing its stronger competitive position. Is Adobe Below Fair Value On Its Freemium AI Push?
Neutral Sentiment: A dispute involving Rebel Creamery’s packaging design created with Adobe Illustrator has led to a court-ordered rebrand and Rebel’s Chapter 11 filing. The matter concerns an Adobe software user and does not appear to create a material financial impact for Adobe. How a DIY Adobe Illustrator Design Landed Rebel Creamery in a $23.8 Million Fight
Negative Sentiment: Bank of America raised its price target but retained an “underperform” rating. Its new target remains materially below Adobe’s recent trading level, signaling concern that the rally may have outpaced the company’s near-term fundamentals. Bank of America Raises Adobe Price Target While Maintaining Underperform Rating

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ADBE shares. KeyCorp lowered their price objective on shares of Adobe from $235.00 to $195.00 and set an “underweight” rating on the stock in a research report on Friday, June 12th. TD Cowen reduced their target price on Adobe from $310.00 to $285.00 and set a “hold” rating on the stock in a research note on Monday, June 8th. Evercore set a $225.00 price target on Adobe and gave the company an “in-line” rating in a research report on Friday, June 12th. BMO Capital Markets dropped their price target on Adobe from $285.00 to $230.00 and set a “market perform” rating for the company in a research note on Friday, June 12th. Finally, Weiss Ratings cut Adobe from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Adobe has an average rating of “Hold” and a consensus target price of $270.96.

View Our Latest Stock Analysis on ADBE

Adobe Profile

(Free Report)

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.