Dorsey & Whitney Trust CO LLC Has $5.88 Million Stock Position in Palo Alto Networks, Inc. $PANW

Dorsey & Whitney Trust CO LLC raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 16.4% in the 4th quarter, HoldingsChannel reports. The fund owned 31,934 shares of the network technology company’s stock after acquiring an additional 4,508 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Palo Alto Networks were worth $5,882,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC boosted its stake in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. boosted its stake in shares of Palo Alto Networks by 11,100.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after purchasing an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Palo Alto Networks by 6.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after purchasing an additional 249 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Stock Up 1.0%

Shares of NASDAQ PANW opened at $263.22 on Thursday. The firm has a market cap of $214.52 billion, a PE ratio of 215.75, a P/E/G ratio of 9.67 and a beta of 0.94. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The company’s fifty day simple moving average is $211.67 and its 200 day simple moving average is $187.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the firm 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, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

More Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

  • Positive Sentiment: Analysts and industry commentary highlighted rapid adoption of Prisma AIRS, with customer growth and larger AI security deals suggesting this could become a major new growth engine for Palo Alto Networks. Article Title
  • Positive Sentiment: Recent coverage emphasized Palo Alto Networks’ $10 billion revenue run-rate and strong long-term stock performance, reinforcing the view that the company is still expanding beyond its legacy firewall business. Article Title
  • Positive Sentiment: Scotiabank slightly raised FY2027 EPS estimates and kept a Sector Outperform rating with a $320 price target, which supports the bullish case for the stock.
  • Neutral Sentiment: Northland Securities maintained a Market Perform rating and a $302 price target, signaling a mixed but not outright bearish stance.
  • Negative Sentiment: Northland and Scotiabank lowered some near-term EPS estimates, which could temper enthusiasm if investors focus more on valuation and short-term margin expectations than on longer-term AI growth.

Insider Activity

In other Palo Alto Networks news, Director John P. Key sold 1,572 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total transaction of $272,459.04. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $3,466,400. This represents a 7.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 72,076 shares of company stock valued at $17,930,587. 1.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Guggenheim lowered shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. New Street Research reduced their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Finally, Royal Bank Of Canada increased their target price on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $306.59.

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About Palo Alto Networks

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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.

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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