Caisse de depot et placement du Quebec Takes $177.88 Million Position in Adobe Inc. $ADBE

Posted by on Aug 27th, 2026

Caisse de depot et placement du Quebec bought a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 867,637 shares of the software company’s stock, valued at approximately $177,883,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADBE. Western Pacific Wealth Management LP bought a new position in Adobe in the 4th quarter worth approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Adobe during the 3rd quarter valued at approximately $26,000. TrustBank purchased a new stake in Adobe during the 4th quarter valued at approximately $28,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Adobe during the second quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Adobe during the fourth quarter valued at approximately $31,000. Institutional investors own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

  • Positive Sentiment: AI revenue is scaling rapidly. Adobe’s AI-first annual recurring revenue more than tripled to above $500 million, driven by Firefly, Acrobat AI and enterprise tools. The growth suggests Adobe is converting generative AI features into subscription and usage-based revenue rather than merely defending its existing business. AI Monetization Boosts ADBE’s Growth Prospects Against MSFT & CRM
  • Positive Sentiment: Adobe remains a potential contrarian opportunity. One analysis argues that momentum investors have moved away from the stock even as its cash flow, insider activity and AI conversion metrics offer reasons for investors to reconsider the company. This could attract value-oriented buyers if AI monetization continues to improve. Why Adobe Could Be One of 2026’s Most Contrarian Tech Bets
  • Neutral Sentiment: Recent investor commentary is focused on Adobe’s path through the AI transition. RGA Investment Advisors’ second-quarter letter discusses how AI is reshaping investment strategies and market dynamics, but it does not report a specific change to Adobe’s fundamentals or outlook. Analyzing Adobe’s (ADBE) Path Forward in the AI Era
  • Neutral Sentiment: Short-interest data provides no actionable signal. The reported figures show zero short interest and a zero-day short-interest ratio, alongside an invalid percentage change, making the data unreliable for assessing investor positioning.
  • Negative Sentiment: AI disruption fears are pressuring the software sector. Cautious guidance from Intuit raised concerns that AI may already be affecting demand for software products, triggering selling across Intuit, Adobe, ServiceNow and other enterprise technology companies. This sector-wide risk is the clearest near-term pressure on ADBE. Intuit Sinks 12% as AI Disruption Fears Spread

Insider Activity

In other news, Director David A. Ricks purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was purchased 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 approximately $3,434,074.05. This trade represents a 130.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the transaction, the chief accounting officer owned 3,824 shares in the company, valued at $1,010,797.92. The trade was a 9.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by company insiders.

Adobe Price Performance

NASDAQ:ADBE opened at $273.47 on Thursday. The firm has a market capitalization of $108.70 billion, a price-to-earnings ratio of 15.64, a PEG 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. The business has a 50 day simple moving average of $236.88 and a 200-day simple moving average of $244.67. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $370.86.

Adobe (NASDAQ:ADBE – Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share 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 return on equity of 65.11% and a net margin of 28.69%.Adobe’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Equities analysts forecast that Adobe Inc. will post 19.81 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on ADBE. BMO Capital Markets dropped their target price on shares of Adobe from $285.00 to $230.00 and set a “market perform” rating for the company in a research report on Friday, June 12th. UBS Group downgraded shares of Adobe from a “buy” rating to an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings cut shares of Adobe from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 17th. Wolfe Research downgraded shares of Adobe from an “outperform” rating to a “peer perform” rating in a report on Friday, June 12th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Adobe from $420.00 to $340.00 and set an “overweight” rating for the company in a report on Friday, June 12th. Seven 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 company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $270.96.

View Our Latest Stock Report 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.

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Institutional Ownership by Quarter for Adobe (NASDAQ:ADBE)

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