CIBC Bancorp USA Inc. Purchases New Position in Check Point Software Technologies Ltd. $CHKP

CIBC Bancorp USA Inc. acquired a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 545,427 shares of the technology company’s stock, valued at approximately $112,854,000. CIBC Bancorp USA Inc. owned approximately 0.50% of Check Point Software Technologies at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Check Point Software Technologies during the second quarter worth $714,801,000. Massachusetts Financial Services Co. MA increased its holdings in Check Point Software Technologies by 27.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock valued at $1,276,729,000 after buying an additional 1,317,167 shares in the last quarter. Schroder Investment Management Group increased its holdings in Check Point Software Technologies by 2,413.2% in the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock valued at $139,135,000 after buying an additional 603,836 shares in the last quarter. First Trust Advisors LP raised its position in shares of Check Point Software Technologies by 31.4% in the third quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock worth $516,711,000 after acquiring an additional 597,413 shares during the period. Finally, Capital World Investors purchased a new stake in shares of Check Point Software Technologies during the 3rd quarter worth about $80,084,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CHKP shares. Royal Bank Of Canada dropped their target price on Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. UBS Group set a $200.00 price target on Check Point Software Technologies in a research report on Thursday, February 12th. KeyCorp raised Check Point Software Technologies to a “hold” rating in a report on Monday, January 12th. Mizuho cut their price objective on Check Point Software Technologies from $225.00 to $205.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Finally, Robert W. Baird set a $220.00 target price on Check Point Software Technologies in a research note on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, Check Point Software Technologies currently has a consensus rating of “Hold” and an average target price of $212.40.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $153.95 on Wednesday. Check Point Software Technologies Ltd. has a one year low of $150.17 and a one year high of $234.35. The company has a market cap of $16.93 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 3.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The business’s 50 day moving average price is $171.09 and its 200 day moving average price is $185.86.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results 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 return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million during the quarter, compared to analysts’ expectations of $746.40 million. During the same period in the prior year, the business earned $2.70 EPS. The firm’s quarterly 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. On average, research analysts predict that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

About Check Point Software Technologies

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).