Northwestern Mutual Wealth Management Co. increased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 1,032.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 318,042 shares of the technology company’s stock after acquiring an additional 289,951 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.29% of Check Point Software Technologies worth $59,016,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of CHKP. Measured Wealth Private Client Group LLC acquired a new position in shares of Check Point Software Technologies during the 3rd quarter worth $27,000. Ossiam boosted its holdings in Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 96 shares in the last quarter. Hilltop National Bank purchased a new stake in Check Point Software Technologies during the fourth quarter worth about $36,000. First Horizon Corp acquired a new position in Check Point Software Technologies during the third quarter worth about $38,000. Finally, Sunbelt Securities Inc. purchased a new position in Check Point Software Technologies in the third quarter valued at about $38,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. TD Cowen set a $180.00 price target on Check Point Software Technologies in a research note on Thursday, April 30th. The Goldman Sachs Group set a $168.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Royal Bank Of Canada decreased their target price on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, May 1st. Weiss Ratings lowered Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Finally, Wells Fargo & Company dropped their price target on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $146.50.
Check Point Software Technologies Stock Performance
Shares of Check Point Software Technologies stock opened at $124.03 on Monday. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $233.78. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The business has a 50 day moving average price of $140.03 and a 200 day moving average price of $168.29. The company has a market capitalization 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.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the prior year, the firm earned $2.21 EPS. Check Point Software Technologies’s quarterly revenue 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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.49 EPS for the current fiscal 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).
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