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Ironwood Investment Counsel LLC Makes New $6.56 Million Investment in Adobe Inc. $ADBE
Ironwood Investment Counsel LLC has made a new $6.56 million investment in Adobe Inc., acquiring 18,606 shares during the third quarter. Institutional investors now own approximately 81.79% of Adobe’s stock. Despite mixed analyst sentiment and recent price target reductions, Adobe beat its latest quarterly earnings and revenue estimates, and has issued optimistic FY2026 EPS guidance.