JPMorgan Chase & Co. Raises Stake in Check Point Software Technologies Ltd. $CHKP

JPMorgan Chase & Co. raised its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,357 shares of the technology company’s stock after acquiring an additional 9,935 shares during the period. JPMorgan Chase & Co. owned about 0.16% of Check Point Software Technologies worth $36,076,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Norges Bank bought a new position in shares of Check Point Software Technologies during the 2nd quarter valued at $714,801,000. Massachusetts Financial Services Co. MA lifted its stake in Check Point Software Technologies by 27.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock worth $1,276,729,000 after purchasing an additional 1,317,167 shares during the last quarter. Schroder Investment Management Group boosted its position in Check Point Software Technologies by 2,413.2% during the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock valued at $139,135,000 after buying an additional 603,836 shares during the period. Sound Shore Management Inc CT bought a new position in shares of Check Point Software Technologies during the third quarter valued at about $73,104,000. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Check Point Software Technologies by 1,886.1% in the second quarter. Qube Research & Technologies Ltd now owns 253,003 shares of the technology company’s stock worth $55,977,000 after buying an additional 240,264 shares during the period. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Performance

Shares of CHKP stock opened at $152.07 on Friday. The firm has a market capitalization of $16.72 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 3.43 and a beta of 0.58. The stock has a fifty day moving average of $178.12 and a 200 day moving average of $188.47. Check Point Software Technologies Ltd. has a 52 week low of $150.17 and a 52 week high of $234.35. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The business had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. During the same period in the previous year, the firm earned $2.70 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, research analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Robert W. Baird set a $220.00 target price on Check Point Software Technologies in a report on Friday, February 13th. Piper Sandler dropped their price objective on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Royal Bank Of Canada cut their target price on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Mizuho lowered their price target on shares of Check Point Software Technologies from $225.00 to $205.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Finally, Wedbush dropped their price target on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $214.80.

Check Point Software Technologies Profile

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).