King Luther Capital Management Corp Has $156.32 Million Holdings in Palo Alto Networks, Inc. $PANW

King Luther Capital Management Corp raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 118.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 767,711 shares of the network technology company’s stock after purchasing an additional 415,711 shares during the period. King Luther Capital Management Corp’s holdings in Palo Alto Networks were worth $156,321,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. CFO4Life Group LLC bought a new stake in shares of Palo Alto Networks in the 3rd quarter valued at approximately $211,000. Harold Davidson & Associates Inc. lifted its stake in Palo Alto Networks by 5.0% in the third quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock valued at $215,000 after acquiring an additional 50 shares during the last quarter. L & S Advisors Inc grew its position in Palo Alto Networks by 0.4% in the third quarter. L & S Advisors Inc now owns 65,447 shares of the network technology company’s stock worth $13,326,000 after acquiring an additional 279 shares in the last quarter. NewEdge Wealth LLC grew its position in Palo Alto Networks by 34.1% in the third quarter. NewEdge Wealth LLC now owns 83,573 shares of the network technology company’s stock worth $17,816,000 after acquiring an additional 21,241 shares in the last quarter. Finally, MJP Associates Inc. ADV increased its stake in shares of Palo Alto Networks by 3.6% during the 3rd quarter. MJP Associates Inc. ADV now owns 2,754 shares of the network technology company’s stock worth $561,000 after purchasing an additional 95 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Palo Alto Networks

In other news, Director James J. Goetz sold 12,500 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the transaction, the director owned 75,184 shares in the company, valued at approximately $14,685,690.72. The trade was a 14.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,542 shares of company stock valued at $49,910,995 in the last quarter. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

PANW has been the subject of several analyst reports. Citigroup reaffirmed a “buy” rating on shares of Palo Alto Networks in a research note on Thursday. Barclays set a $200.00 target price on Palo Alto Networks and gave the company an “overweight” rating in a report on Monday, February 9th. UBS Group set a $215.00 price target on Palo Alto Networks and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Oppenheimer reissued an “outperform” rating and set a $245.00 price objective on shares of Palo Alto Networks in a report on Thursday, November 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Palo Alto Networks in a research note on Monday, December 29th. Thirty-three research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $215.68.

Key Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Beat and revenue lift — PANW reported fiscal Q2 EPS of $1.03 and revenue of $2.59B, with Next‑Gen Security ARR up ~33% and full‑year revenue guidance raised toward ~$11.3B. These results confirm underlying demand and platform traction. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Strong fundamentals and balance sheet — commentary and analyst notes highlight durable ARR growth, solid margins on the quarter, and a robust balance sheet that supports M&A and longer‑term platform expansion. MarketBeat coverage
• Neutral Sentiment: New acquisition (Koi) announced — management is buying technology to secure “agentic endpoints”; strategically sensible for AI security but adds near‑term execution and integration risk. Palo Alto Announces Intent to Acquire Koi
• Neutral Sentiment: Analyst support mixed — several firms reaffirm buy/outperform ratings (RBC, Wedbush, BTIG, Rosenblatt, etc.), showing continued conviction from parts of the sell‑side even as targets are adjusted. Benzinga analyst roundup
• Negative Sentiment: Profit guidance disappointed — management warned that integration and deal costs will reduce near‑term profit; Q3 EPS guidance was weaker than some expectations and the company trimmed annual profit outlook, triggering the sell‑off. Reuters: Palo Alto cuts annual profit forecast
• Negative Sentiment: Integration costs from big deals (including CyberArk and other buys) are a material near‑term headwind that analysts say will pressure margins and free cash flow. Reuters: Deal costs pile up
• Negative Sentiment: Price‑target cuts and downgrades — numerous firms trimmed targets (Deutsche, Goldman, Scotiabank, Loop, Needham, BMO, Mizuho) and at least one downgrader is cited as driving further near‑term selling pressure. Mizuho forecast / American Banking News
• Negative Sentiment: Market reaction and sector headwinds — PANW shares fell after hours and into the next session as investors punished the earnings‑for‑guidance mismatch amid broader AI/software valuation pressures. CNBC: Shares sink as CEO defends strategy

Palo Alto Networks Stock Down 6.8%

PANW opened at $152.35 on Thursday. The stock’s 50 day moving average price is $180.25 and its two-hundred day moving average price is $191.93. The firm has a market capitalization of $106.19 billion, a P/E ratio of 84.17, a price-to-earnings-growth ratio of 3.91 and a beta of 0.75. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a return on equity of 18.42% and a net margin of 12.96%.Palo Alto Networks’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.81 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.