Check Point Software Technologies Ltd. $CHKP is Wgi Dm LLC’s 3rd Largest Position

Wgi Dm LLC raised its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 7.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,304,930 shares of the technology company’s stock after buying an additional 95,504 shares during the period. Check Point Software Technologies accounts for about 0.0% of Wgi Dm LLC’s investment portfolio, making the stock its 3rd biggest holding. Wgi Dm LLC’s holdings in Check Point Software Technologies were worth $270,003,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. AQR Capital Management LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth approximately $262,000. Creative Planning grew its position in shares of Check Point Software Technologies by 18.2% during the 2nd quarter. Creative Planning now owns 27,474 shares of the technology company’s stock valued at $6,079,000 after acquiring an additional 4,228 shares during the period. Avantax Advisory Services Inc. raised its stake in shares of Check Point Software Technologies by 5.0% during the 2nd quarter. Avantax Advisory Services Inc. now owns 18,976 shares of the technology company’s stock worth $4,198,000 after buying an additional 907 shares during the period. Kingsview Wealth Management LLC raised its position in Check Point Software Technologies by 7.8% during the second quarter. Kingsview Wealth Management LLC now owns 2,119 shares of the technology company’s stock worth $469,000 after acquiring an additional 153 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its stake in Check Point Software Technologies by 3.9% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 36,956 shares of the technology company’s stock valued at $8,177,000 after buying an additional 1,400 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wedbush dropped their price objective on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. UBS Group set a $200.00 target price on Check Point Software Technologies in a report on Thursday, February 12th. Evercore set a $185.00 price target on Check Point Software Technologies in a research report on Friday, February 13th. KeyCorp upgraded Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Finally, Royal Bank Of Canada decreased their price target on Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research note on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $212.40.

Check Point Software Technologies Trading Down 0.5%

CHKP opened at $153.16 on Thursday. The business has a fifty day moving average price of $170.36 and a 200 day moving average price of $185.63. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.19. Check Point Software Technologies Ltd. has a 12 month low of $150.17 and a 12 month high of $234.35. The stock has a market capitalization of $16.84 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 3.41 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million for the quarter, compared to analyst estimates of $746.40 million. During the same quarter last year, the company earned $2.70 EPS. Check Point Software Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal 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).