Intech Investment Management LLC Invests $17.66 Million in Check Point Software Technologies Ltd. $CHKP

Intech Investment Management LLC purchased a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the third quarter, Holdings Channel reports. The fund purchased 85,337 shares of the technology company’s stock, valued at approximately $17,657,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its stake in Check Point Software Technologies by 27.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock worth $1,276,729,000 after purchasing an additional 1,317,167 shares during the last quarter. Norges Bank bought a new stake in Check Point Software Technologies during the second quarter valued at $714,801,000. Ninety One UK Ltd raised its holdings in shares of Check Point Software Technologies by 0.3% during the third quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company’s stock worth $538,295,000 after purchasing an additional 8,814 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Check Point Software Technologies by 9.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock worth $442,733,000 after buying an additional 170,373 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Check Point Software Technologies by 9.6% in the 2nd quarter. First Trust Advisors LP now owns 1,899,862 shares of the technology company’s stock valued at $420,344,000 after buying an additional 166,092 shares during the period. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $152.84 on Thursday. Check Point Software Technologies Ltd. has a fifty-two week low of $150.17 and a fifty-two week high of $234.35. The firm’s 50-day simple moving average is $179.53 and its 200 day simple moving average is $188.91. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The stock has a market cap of $16.81 billion, a P/E ratio of 15.85, a P/E/G ratio of 3.38 and a beta of 0.58.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The business had revenue of $744.90 million during the quarter, compared to analysts’ expectations of $746.40 million. During the same period last year, the firm posted $2.70 earnings per share. The business’s revenue was up 5.9% on a year-over-year basis. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Equities analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CHKP shares. Piper Sandler dropped their price objective on shares of Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, February 19th. Robert W. Baird set a $220.00 price objective on Check Point Software Technologies in a research report on Friday, February 13th. BMO Capital Markets dropped their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Finally, Truist Financial set a $225.00 target price on Check Point Software Technologies in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.80.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).