Lsv Asset Management 13F: Adds $18M to Adobe (ADBE) Stake

Lsv Asset Management grew its investment in Adobe Inc. ADBE during the period, lifting its position by 9.4% according to a recent Form 13F filing with the Securities and Exchange Commission. The filing reflects holdings as of that past date and might not show the fund's current stance.

Position Changes for Lsv Asset Management

The institutional investor picked up an extra 86,202 shares of the software maker. That addition brought its total count to 999,442 shares. Based on the reporting period, the stake carried a value of about $204.7 million.

Adobe Stock Performance

Shares of Adobe traded hands around $204.83 on Wednesday. The company's stock has faced downward pressure recently, trading well under its 50-day moving average of $256.84 and its 200-day moving average of $254.75. The valuation sits closer to its 52-week low of $190.12 than its high of $363.70.

Recent Insider Transactions

Insider activity at the firm has been busy. On June 15, 2026, Interim CFO Steven Day picked up 546 shares. On the same day, Chief Legal Officer Adele Louise Pentland acquired 7,800 shares and also disposed of 7,800 shares. SVP and CAO Jillian Forusz bought 461 shares and sold 158 shares at a price of $206.36.

Analysts Set New Price Targets

Wall street firms have trimmed targets. On October 13, 2026, HSBC lowered its target to $267 while cutting its rating to Hold. Wells Fargo moved its rating to Underweight with a $225 target on October 12, 2026. DA Davidson kept a Buy rating with a $290 target on September 14, 2026. Citigroup maintained a Neutral rating at a $250 target on September 11, 2026. JP Morgan kept an Overweight rating with a $315 target on September 11, 2026, while Jefferies kept a Hold rating at $275. TD Cowen reiterated a Hold rating with a $245 target on September 11, 2026, and Evercore ISI Group kept an In-Line rating at $250. Overall, 32 analysts give the company a consensus Hold recommendation with a mean price target of $272.31.

Inside Adobe's Software Business

Headquartered in San Jose, California, Adobe builds digital media tools, marketing software, and publishing solutions used by creators and large enterprises worldwide. The company connects creative professionals and corporate marketers through its cloud apps and document platforms.

What Lies Ahead

Investors will look toward the next scheduled earnings report on December 9, 2026, for fresh updates on revenue and profit margins. Institutional reports like this one offer a backward-looking glimpse into portfolio choices made by large asset managers.