Thrivent Financial for Lutherans Grows Position in Check Point Software Technologies Ltd. $CHKP

Thrivent Financial for Lutherans raised its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,875 shares of the technology company’s stock after buying an additional 7,523 shares during the quarter. Thrivent Financial for Lutherans owned about 0.11% of Check Point Software Technologies worth $22,059,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CHKP. AQR Capital Management LLC acquired a new stake in Check Point Software Technologies in the 1st quarter valued at about $262,000. EverSource Wealth Advisors LLC raised its holdings in Check Point Software Technologies by 24.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after acquiring an additional 117 shares during the last quarter. Squarepoint Ops LLC lifted its position in Check Point Software Technologies by 20.9% during the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after buying an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Check Point Software Technologies by 6.5% during the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after buying an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its position in Check Point Software Technologies by 17.3% during the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after buying an additional 317 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Citigroup reduced their price objective on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. JPMorgan Chase & Co. lowered their price target on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Evercore set a $185.00 price target on shares of Check Point Software Technologies in a research report on Friday, February 13th. Robert W. Baird set a $220.00 price target on shares of Check Point Software Technologies in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $180.00 price target on shares of Check Point Software Technologies in a research note on Friday, February 13th. Eight investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies Stock Performance

CHKP opened at $124.03 on Monday. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $233.78. The business has a fifty day simple moving average of $140.03 and a 200-day simple moving average of $168.29. The firm has a market cap of $13.10 billion, a P/E ratio of 12.73, a P/E/G ratio of 3.65 and a beta of 0.43. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The firm had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same period in the prior year, the firm earned $2.21 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, equities analysts expect that Check Point Software Technologies Ltd. will post 8.49 earnings per share 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).