Fiera Capital Corp Boosts Position in Palo Alto Networks, Inc. $PANW

Fiera Capital Corp boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 380.9% in the second quarter, HoldingsChannel.com reports. The firm owned 34,859 shares of the network technology company’s stock after buying an additional 27,610 shares during the quarter. Fiera Capital Corp’s holdings in Palo Alto Networks were worth $7,134,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position 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 buying an additional 4,031 shares during the last quarter. Bison Wealth LLC increased its position in shares of Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of Palo Alto Networks by 8.7% in the 1st quarter. Larson Financial Group LLC now owns 2,991 shares of the network technology company’s stock valued at $510,000 after purchasing an additional 239 shares during the last quarter. Bridgewater Advisors Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $461,000. Finally, Bryn Mawr Capital Management LLC purchased a new position in Palo Alto Networks during the 1st quarter worth approximately $277,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $204.77 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company has a market cap of $140.06 billion, a P/E ratio of 127.58, a PEG ratio of 4.99 and a beta of 0.95. The firm has a fifty day moving average of $208.86 and a two-hundred day moving average of $196.90.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 12.30% and a return on equity of 17.66%. The business’s revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Palo Alto Networks in a report on Wednesday, October 8th. Bank of America increased their price target on shares of Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. DA Davidson reissued a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Scotiabank upped their target price on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Finally, UBS Group raised their price target on Palo Alto Networks from $200.00 to $230.00 and gave the stock a “neutral” rating in a report on Thursday. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $220.95.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the sale, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,215,830 shares of company stock valued at $249,160,428. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Company 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.