Mitsubishi UFJ Trust & Banking Corp Cuts Stock Holdings in Check Point Software Technologies Ltd. $CHKP

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 11.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,631 shares of the technology company’s stock after selling 22,775 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.16% of Check Point Software Technologies worth $37,167,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC acquired a new position in Check Point Software Technologies in the 1st quarter valued at $262,000. TD Private Client Wealth LLC grew its holdings in shares of Check Point Software Technologies by 8.8% during the second quarter. TD Private Client Wealth LLC now owns 2,068 shares of the technology company’s stock worth $458,000 after buying an additional 167 shares in the last quarter. Hartford Investment Management Co. purchased a new stake in shares of Check Point Software Technologies during the second quarter worth $231,000. City Holding Co. raised its position in shares of Check Point Software Technologies by 22.9% in the second quarter. City Holding Co. now owns 8,610 shares of the technology company’s stock valued at $1,905,000 after buying an additional 1,602 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. lifted its stake in shares of Check Point Software Technologies by 2.6% in the second quarter. Sterling Investment Advisors Ltd. now owns 1,970 shares of the technology company’s stock worth $436,000 after buying an additional 50 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CHKP has been the subject of several research reports. Citigroup dropped their price objective on shares of Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Mizuho set a $225.00 target price on Check Point Software Technologies in a report on Wednesday, October 29th. UBS Group increased their price target on Check Point Software Technologies from $210.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. KeyCorp upgraded Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Finally, BMO Capital Markets boosted their price objective on Check Point Software Technologies from $215.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, Check Point Software Technologies has a consensus rating of “Moderate Buy” and an average target price of $228.59.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $181.23 on Monday. The firm has a market capitalization of $19.93 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 3.38 and a beta of 0.59. Check Point Software Technologies Ltd. has a fifty-two week low of $173.77 and a fifty-two week high of $234.35. The stock has a 50 day moving average of $187.78 and a 200 day moving average of $194.66.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Tuesday, October 28th. The technology company reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $1.49. Check Point Software Technologies had a return on equity of 37.91% and a net margin of 37.62%.The company had revenue of $677.50 million for the quarter, compared to the consensus estimate of $673.60 million. During the same quarter in the previous year, the business earned $2.25 earnings per share. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. Analysts forecast that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

About Check Point Software Technologies

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).