SFE Investment Counsel Purchases 2,698 Shares of Palo Alto Networks, Inc. $PANW

SFE Investment Counsel raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,623 shares of the network technology company’s stock after purchasing an additional 2,698 shares during the quarter. Palo Alto Networks comprises approximately 2.7% of SFE Investment Counsel’s investment portfolio, making the stock its 7th biggest holding. SFE Investment Counsel’s holdings in Palo Alto Networks were worth $15,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Palo Alto Networks in the first quarter valued at $261,000. Strive Asset Management LLC grew its holdings in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after acquiring an additional 299 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its position in Palo Alto Networks by 25.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after acquiring an additional 41,392 shares in the last quarter. Whipplewood Advisors LLC lifted its holdings in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 128 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in Palo Alto Networks by 9.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after acquiring an additional 3,351 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Trading Up 0.4%

NASDAQ:PANW opened at $212.29 on Friday. The business’s fifty day moving average price is $207.16 and its 200 day moving average price is $195.99. The firm has a market capitalization of $142.00 billion, a price-to-earnings ratio of 132.27, a PEG ratio of 5.05 and a beta of 0.95. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president directly owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction 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 owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,215,830 shares of company stock worth $249,160,428 in the last 90 days. 2.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PANW has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $232.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Mizuho raised their target price on shares of Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Wedbush reaffirmed an “outperform” rating and issued a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Citigroup reiterated an “outperform” rating on shares of Palo Alto Networks in a research report on Monday, October 27th. Finally, Morgan Stanley lifted their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Thirty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $218.17.

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.