Eads & Heald Wealth Management Has $1 Million Position in Check Point Software Technologies Ltd. $CHKP

Eads & Heald Wealth Management lowered its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.3% in the second quarter, Holdings Channel reports. The firm owned 4,539 shares of the technology company’s stock after selling 305 shares during the period. Eads & Heald Wealth Management’s holdings in Check Point Software Technologies were worth $1,004,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CHKP. Horizon Investments LLC boosted its holdings in shares of Check Point Software Technologies by 116.4% during the 1st quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock worth $36,000 after buying an additional 85 shares during the period. Cromwell Holdings LLC bought a new stake in Check Point Software Technologies during the first quarter valued at about $37,000. Abound Financial LLC bought a new stake in Check Point Software Technologies during the first quarter valued at about $40,000. TruNorth Capital Management LLC acquired a new stake in shares of Check Point Software Technologies in the first quarter valued at about $45,000. Finally, Summit Securities Group LLC bought a new position in shares of Check Point Software Technologies in the first quarter worth about $49,000. Institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CHKP shares. Morgan Stanley decreased their target price on Check Point Software Technologies from $215.00 to $193.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 2nd. Barclays set a $215.00 price objective on Check Point Software Technologies and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Citigroup lowered their price objective on shares of Check Point Software Technologies from $230.00 to $200.00 and set a “neutral” rating on the stock in a research note on Monday, August 18th. Cantor Fitzgerald set a $220.00 price target on shares of Check Point Software Technologies and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and sixteen have issued a Hold rating to the company. According to data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and a consensus price target of $227.42.

Check Point Software Technologies Stock Down 1.7%

Shares of NASDAQ:CHKP opened at $201.57 on Monday. The firm has a market cap of $22.17 billion, a P/E ratio of 26.25, a P/E/G ratio of 3.03 and a beta of 0.60. Check Point Software Technologies Ltd. has a 12 month low of $169.01 and a 12 month high of $234.35. The company’s 50-day moving average price is $194.37 and its two-hundred day moving average price is $211.57.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Wednesday, July 30th. The technology company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Check Point Software Technologies had a net margin of 32.48% and a return on equity of 33.21%. The company had revenue of $665.20 million for the quarter, compared to analyst estimates of $663.10 million. During the same period in the prior year, the business earned $2.17 earnings per share. Check Point Software Technologies’s quarterly revenue was up 6.0% on a year-over-year basis. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. As a group, equities analysts predict that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.