Lsv Asset Management Adds $18M in Adobe Inc. ($ADBE)

Lsv Asset Management has boosted its holdings in Adobe Inc. (NasdaqGS: ADBE) by 9.4%, according to its latest 13F filing with the SEC. The fund added 86,202 shares, bringing its total to 999,442 shares valued at approximately $206.2 million as of the reporting period.

What Changed in Lsv Asset Management's Adobe Inc. Position

Lsv Asset Management increased its stake in Adobe Inc. from 913,240 shares to 999,442 shares, adding 86,202 shares. This represents a 9.4% increase in their position, with the total value of the holdings reaching around $206.2 million.

Other Institutional Activity in Adobe Inc.

Among other institutional investors, BlackRock, Inc. grew its holdings by 379,718 shares to a total of 40,809,940 shares, valued at about $9.92 billion. Vanguard Capital Management LLC reported 26,679,971 shares, worth approximately $6.49 billion. State Street Corp reduced its stake by 560,546 shares, ending with 19,913,187 shares valued at $4.84 billion. Geode Capital Management, LLC added 195,210 shares, bringing its total to 11,726,888 shares worth $2.85 billion. Arrowstreet Capital, Limited Partnership increased its position by 563,772 shares to 6,792,275 shares, valued at $1.65 billion.

Adobe Inc. Stock Up 5.6%

Shares of Adobe Inc. traded near $206.36. The company has a market cap of about $82.4 billion, with a P/E ratio of 11.86 and a forward P/E of 7.53. Adobe's stock has a 52-week low of $196.90 and a high of $392.58. Its 50-day moving average is $243.42, and its 200-day moving average is $296.85. The company's beta is 1.404, indicating a higher volatility compared to the market average.

Recent Earnings

Adobe reported revenue of approximately $25.2 billion, with a revenue growth rate of 12.7%. The company achieved a net margin of 28.69% and a return on equity of 62.95%. Adobe's next earnings report is expected on September 10, 2026.

Insider Buying and Selling at Adobe Inc.

Recent insider transactions at Adobe include multiple trades by executives. Jillian Forusz, SVP & CAO, bought 461 shares and sold 158 shares on June 15, 2026. Adele Louise Pentland, Chief Legal Officer & EVP, engaged in several transactions, buying and selling shares on the same date.

Analysts Set New Price Targets

On June 12, 2026, several analysts maintained their ratings for Adobe. Citigroup maintained a 'hold' rating with a $228 target, while Goldman Sachs kept a 'sell' rating with a $190 target. JP Morgan maintained a 'buy' rating with a $340 target, and RBC Capital also rated it a 'buy' with a $285 target. The consensus recommendation is 'hold', with an average target price of $288.48 based on 33 analyst opinions.

About Adobe Inc.

Adobe Inc., headquartered in San Jose, California, is a leading technology company in the software application industry. Known for products that empower creativity, Adobe serves a wide range of customers including photographers, designers, and business professionals. It operates through segments like Digital Media and Digital Experience, providing tools for content creation and customer experience management. Led by CEO Shantanu Narayen, Adobe employs over 31,360 people worldwide.

Bottom Line

Lsv Asset Management's increased stake in Adobe Inc. signals confidence in the company's potential. Investors closely follow such filings to gauge institutional sentiment, though it's worth noting that 13F filings are historical and may not reflect current positions. Adobe's strong market presence and diverse product offerings continue to attract attention in the technology sector.