US Bancorp DE Has $277.83 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

US Bancorp DE lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,364,442 shares of the network technology company’s stock after purchasing an additional 8,344 shares during the quarter. US Bancorp DE owned approximately 0.20% of Palo Alto Networks worth $277,828,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PANW. Brighton Jones LLC increased its holdings in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after acquiring an additional 4,031 shares during the last quarter. Bison Wealth LLC grew its holdings in Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after purchasing an additional 1,389 shares during the last quarter. AlphaQuest LLC lifted its stake in shares of Palo Alto Networks by 186.3% in the second quarter. AlphaQuest LLC now owns 1,317 shares of the network technology company’s stock worth $270,000 after buying an additional 857 shares during the last quarter. Finally, Rossby Financial LCC boosted its holdings in shares of Palo Alto Networks by 38.4% during the 2nd quarter. Rossby Financial LCC now owns 743 shares of the network technology company’s stock worth $152,000 after buying an additional 206 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $144.84 on Thursday. The firm has a fifty day moving average of $176.09 and a 200-day moving average of $191.11. The stock has a market cap of $118.19 billion, a price-to-earnings ratio of 80.02, a P/E/G ratio of 5.12 and a beta of 0.75. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The business 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 17.60% and a net margin of 12.96%.Palo Alto Networks’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 EPS. 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. On average, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PANW shares. HSBC dropped their target price on shares of Palo Alto Networks from $157.00 to $114.00 in a report on Thursday, February 19th. New Street Research cut their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Loop Capital decreased their target price on Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating for the company in a research note on Wednesday, February 18th. TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $223.00 price objective (down from $245.00) on shares of Palo Alto Networks in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $211.62.

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the completion of the transaction, the executive vice president owned 155,119 shares in the company, valued at approximately $29,190,293.42. The trade was a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $191.91, for a total value of $23,177,738.34. Following the sale, the executive vice president owned 327,645 shares in the company, valued at approximately $62,878,351.95. This trade represents a 26.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 260,542 shares of company stock valued at $49,910,995. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks 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.