Palo Alto Networks, Inc. $PANW is Trust Co. of Toledo NA OH’s 10th Largest Position

Trust Co. of Toledo NA OH increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,660 shares of the network technology company’s stock after acquiring an additional 997 shares during the period. Palo Alto Networks makes up 1.6% of Trust Co. of Toledo NA OH’s investment portfolio, making the stock its 10th largest holding. Trust Co. of Toledo NA OH’s holdings in Palo Alto Networks were worth $14,255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in PANW. St. Clair Advisors LLC raised its stake in Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after buying an additional 50 shares during the last quarter. Csenge Advisory Group boosted its stake in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares in the last quarter. TFG Advisers LLC grew its position in Palo Alto Networks by 1.1% during the 2nd quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after purchasing an additional 53 shares during the last quarter. GSG Advisors LLC increased its stake in Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after purchasing an additional 54 shares in the last quarter. Finally, SYM FINANCIAL Corp raised its holdings in Palo Alto Networks by 1.4% in the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after buying an additional 55 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $208.55 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94. The stock has a fifty day moving average of $192.94 and a 200 day moving average of $189.14. The stock has a market cap of $139.50 billion, a PE ratio of 129.94, a price-to-earnings-growth ratio of 5.12 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the company posted $0.75 EPS. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Ratings Changes

PANW has been the topic of a number of recent analyst reports. Guggenheim increased their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a report on Tuesday, August 19th. Stephens reissued an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Finally, JMP Securities reiterated a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $214.95.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction on Monday, October 6th. The shares were sold at an average price of $211.92, for a total value of $25,594,426.08. Following the transaction, the executive vice president owned 149,190 shares in the company, valued at $31,616,344.80. This trade represents a 44.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is currently owned by corporate insiders.

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.