USS Investment Management Ltd Raises Stock Holdings in Palo Alto Networks, Inc. $PANW

USS Investment Management Ltd lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,005 shares of the network technology company’s stock after acquiring an additional 2,819 shares during the quarter. USS Investment Management Ltd’s holdings in Palo Alto Networks were worth $20,263,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PANW. Darwin Wealth Management LLC bought a new position in Palo Alto Networks during the second quarter valued at $25,000. Steph & Co. grew its holdings in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares during the period. Knuff & Co LLC bought a new position in Palo Alto Networks during the fourth quarter valued at $26,000. Sittner & Nelson LLC grew its holdings in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the period. Finally, Luken Investment Analytics LLC grew its holdings in Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on PANW shares. Truist Financial increased their price objective on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Stephens increased their price objective on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Evercore reissued an “outperform” rating and set a $375.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. JPMorgan Chase & Co. increased their price objective on Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, TD Cowen reissued a “buy” rating and set a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Insider Activity at Palo Alto Networks

In related news, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 81,044 shares of company stock valued at $20,424,722 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $279.62 on Monday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95. The business has a fifty day moving average price of $216.44 and a 200-day moving average price of $189.26. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.