Mirova US LLC Boosts Holdings in Palo Alto Networks, Inc. $PANW

Mirova US LLC grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,782,574 shares of the network technology company’s stock after buying an additional 71,888 shares during the period. Palo Alto Networks makes up 3.8% of Mirova US LLC’s holdings, making the stock its 7th biggest position. Mirova US LLC owned 0.27% of Palo Alto Networks worth $364,786,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new position in shares of Palo Alto Networks in the first quarter worth $31,000. Dagco Inc. bought a new position in shares of Palo Alto Networks in the first quarter worth $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the first quarter worth $37,000. Strategic Investment Solutions Inc. IL increased its position in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the period. Finally, Stonebridge Financial Group LLC increased its position in shares of Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after purchasing an additional 74 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Activity

In other news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Barclays restated an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. BMO Capital Markets raised their price target on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. UBS Group set a $245.00 price target on Palo Alto Networks in a research report on Friday, September 26th. Finally, KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Twenty-eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average target price of $214.95.

Palo Alto Networks Stock Down 0.7%

NASDAQ:PANW opened at $211.04 on Wednesday. The stock’s 50-day simple moving average is $190.70 and its 200 day simple moving average is $188.60. The firm has a market capitalization of $141.16 billion, a PE ratio of 131.49, a price-to-earnings-growth ratio of 5.06 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $214.02.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.