United Capital Financial Advisors LLC Buys Shares of 26,480 Adobe Inc. $ADBE

Posted by Stanley Muller on Aug 28th, 2026

United Capital Financial Advisors LLC bought a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 26,480 shares of the software company’s stock, valued at approximately $5,429,000.

Other large investors also recently modified their holdings of the company. Nicholas Company Inc. lifted its holdings in Adobe by 7.6% during the 4th quarter. Nicholas Company Inc. now owns 174,626 shares of the software company’s stock worth $61,117,000 after buying an additional 12,400 shares during the period. Orange Investment Advisors Inc. increased its stake in shares of Adobe by 21.6% in the fourth quarter. Orange Investment Advisors Inc. now owns 29,541 shares of the software company’s stock valued at $10,339,000 after buying an additional 5,254 shares during the period. Johnson Financial Group Inc. bought a new position in shares of Adobe during the second quarter worth about $2,289,000. Barr E S & Co. raised its position in shares of Adobe by 10.7% during the fourth quarter. Barr E S & Co. now owns 61,067 shares of the software company’s stock worth $21,373,000 after acquiring an additional 5,891 shares during the last quarter. Finally, Summit Global Investments acquired a new position in shares of Adobe in the second quarter worth approximately $1,401,000. 81.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. BMO Capital Markets reduced their target price on Adobe from $285.00 to $230.00 and set a “market perform” rating on the stock in a report on Friday, June 12th. Weiss Ratings lowered shares of Adobe from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 17th. The Goldman Sachs Group dropped their price target on shares of Adobe from $220.00 to $190.00 and set a “sell” rating on the stock in a research report on Friday, June 12th. Freedom Capital lowered shares of Adobe from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. Finally, Jefferies Financial Group decreased their price objective on shares of Adobe from $290.00 to $230.00 and set a “hold” rating for the company in a research report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $270.96.

View Our Latest Analysis on Adobe

Key Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe benefited from a broader enterprise-software rally after Salesforce reported better-than-expected results, raised its outlook and announced an Anthropic partnership. The read-through eased concerns about AI disruption and improved sentiment toward Adobe’s AI strategy. Why Is Adobe Stock Surging on Thursday?
Positive Sentiment: Adobe’s AI-first annual recurring revenue reportedly more than tripled to above $500 million, supported by Firefly, Acrobat AI and enterprise tools. The growth suggests AI is adding subscription and usage revenue rather than only threatening Adobe’s core products. AI Monetization Boosts ADBE’s Growth Prospects Against MSFT & CRM
Positive Sentiment: Adobe expanded its partnership with Stagwell to combine data intelligence, creative transformation and AI capabilities in enterprise marketing. The arrangement could help Adobe win and retain larger business customers. Stagwell Expands Strategic Partnership with Adobe
Positive Sentiment: Photoshop is adding an optional AI Assisted Editor that enables prompt-based image editing, reinforcing Adobe’s effort to make generative AI practical within its flagship applications. Adobe Photoshop adds AI Assisted Editor
Neutral Sentiment: Adobe’s incubator is showcasing projects focused on full-service AI, while new education initiatives will provide free Photoshop, Firefly and Express access to millions of students and teachers. These efforts may expand future adoption, but the near-term revenue impact is unclear. Adobe Incubator Projects
Negative Sentiment: Earlier concerns that cautious Intuit guidance could signal broader AI disruption had pressured Adobe and other software stocks. However, Salesforce’s results appear to have reduced those immediate sector concerns. Intuit AI Disruption Concerns

Adobe Trading Up 5.7%

NASDAQ ADBE opened at $289.15 on Friday. The business has a 50 day simple moving average of $238.75 and a 200 day simple moving average of $244.82. Adobe Inc. has a one year low of $190.12 and a one year high of $370.86. The stock has a market capitalization of $114.94 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.92 and a beta of 1.40. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75.

Adobe (NASDAQ:ADBE – Get Free Report) last issued its earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. The business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $5.06 earnings per share. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Research analysts expect that Adobe Inc. will post 19.81 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director David A. Ricks purchased 10,000 shares of Adobe stock in a transaction on Thursday, June 25th. The stock was acquired at an average cost of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the acquisition, the director owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This trade represents a 130.63% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Jillian Forusz sold 416 shares of Adobe stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the sale, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by insiders.

About Adobe

(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.