Vanguard Group Inc. Purchases 10,047 Shares of Check Point Software Technologies Ltd. $CHKP

Vanguard Group Inc. grew its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 3.1% during the third quarter, Holdings Channel reports. The institutional investor owned 336,832 shares of the technology company’s stock after purchasing an additional 10,047 shares during the quarter. Vanguard Group Inc.’s holdings in Check Point Software Technologies were worth $69,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Penserra Capital Management LLC lifted its holdings in Check Point Software Technologies by 14.1% during the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock valued at $97,030,000 after purchasing an additional 57,817 shares during the last quarter. Davis Capital Management purchased a new position in shares of Check Point Software Technologies in the third quarter worth about $1,276,000. Ninety One UK Ltd increased its stake in shares of Check Point Software Technologies by 0.3% in 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 in the last quarter. Meyer Handelman Co. raised its position in shares of Check Point Software Technologies by 11.9% in the third quarter. Meyer Handelman Co. now owns 52,291 shares of the technology company’s stock valued at $10,820,000 after purchasing an additional 5,552 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of Check Point Software Technologies by 8.1% in the third quarter. Jones Financial Companies Lllp now owns 86,167 shares of the technology company’s stock valued at $17,653,000 after purchasing an additional 6,448 shares during the period. Institutional investors own 98.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on CHKP shares. KeyCorp upgraded shares of Check Point Software Technologies to a “hold” rating in a research note on Monday, January 12th. Royal Bank Of Canada lowered their target price on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Argus upgraded Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. Morgan Stanley set a $197.00 price target on Check Point Software Technologies in a report on Wednesday, January 28th. Finally, Wells Fargo & Company started coverage on Check Point Software Technologies in a research report on Tuesday. They issued an “equal weight” rating and a $165.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $212.40.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $165.22 on Friday. The company has a 50 day moving average of $175.31 and a 200 day moving average of $187.57. The company has a current ratio of 2.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.68. The stock has a market cap of $18.17 billion, a P/E ratio of 17.14, a P/E/G ratio of 3.64 and a beta of 0.63. Check Point Software Technologies Ltd. has a 12 month low of $150.17 and a 12 month high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $746.40 million. During the same period in the prior year, the company posted $2.70 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Check Point Software Technologies Company 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).