There are currently no known steganographic watermarks and you can assume that if they were discovered they would be cracked by the hacking community or their existence would be advertised so that illegitimate users could protect themselves.
Adobe Photoshop outputs files in a wide range of formats and the process of embedding hidden steganographic watermarks would need to be tailored to each file format or a subset of the most popular formats (.jpg, .gif, etc.) could be chosen by Adobe. Then you need to understand that the process of hiding a watermark within a lossy jpeg image is significantly different from hiding it within a raw or lossless image.
With a lossy image you have the option of introducing bitmap data which can interpreted by a jpeg viewer as normal artifacts of the compression/decompression process. The amount of information you can hide is then dependent upon the size of the image/file.
Let's say you want to track images produced by your software based on the license key. We could easily introduce a hashcode for a 24 bit license key such as {1234-5678-1234-5678-1234-5678} into a 120 kilobyte JPEG image with a reduction in image quality of something like 0.02% versus an unaltered JPEG.
With lossless image formats it becomes especially difficult to hide steganographic data within an image without tipping off users somehow. A gradient image acting as a control could be created by a user and then saved in all lossless formats where the individual color values of every pixel could be compared to the control image. A difference of even one bit between expected and actual color values could indicate something fishy going on and if you get something like 32 bits you could be looking at a hash of a license key or other data.
It seems more likely to me that the watermarks would be introduced within the various filters and effects supplied by Adobe and targeted at professional images upwards of 1024x768 pixels. Rather than trying to embed steganographic data at brush-stroke level for effects such as burn/dodge you could have subtle variations in full-image filters such as color-balance to hide data that would not be detectable by end users.