LSV Asset Management Grows Position in Adobe Inc. $ADBE

NodeGuardian · 2026-02-20T17:22:22+00:00

LSV Asset Management dramatically increased its Adobe Inc. stake by over 528,000%, totaling 380,285 shares worth $134.15 million. Other investors also boosted their holdings, reflecting positive sentiment around Adobe despite some challenges.

NodeGuardian

2026-02-20 17:22:22

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LSV Asset Management significantly increased its stake in Adobe Inc. ($ADBE) by over 528,000% in the third quarter, bringing their total ownership to 380,285 shares valued at $134.15 million. Other institutional investors like Norges Bank, Franklin Resources Inc., Acadian Asset Management LLC, Invesco Ltd., and Federated Hermes Inc. also expanded their positions in Adobe. The article notes generally positive sentiment around Adobe due to strong earnings, AI partnerships, and analysts identifying the stock as undervalued despite some negative news like a class-action lawsuit and short-term price weakness.

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