Robeco Institutional Asset Management B.V. Buys 416,822 Shares of Palo Alto Networks, Inc. $PANW

Robeco Institutional Asset Management B.V. lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 95.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 854,053 shares of the network technology company’s stock after acquiring an additional 416,822 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.13% of Palo Alto Networks worth $174,773,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in PANW. Nuveen LLC acquired a new stake in shares of Palo Alto Networks in the first quarter worth $810,047,000. Kingstone Capital Partners Texas LLC bought a new position in Palo Alto Networks in the 2nd quarter worth $633,068,000. Goldman Sachs Group Inc. lifted its position in Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after acquiring an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after acquiring an additional 1,688,432 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Palo Alto Networks by 2.5% during the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after acquiring an additional 1,541,637 shares during the period. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $206.80 on Thursday. The stock’s fifty day simple moving average is $189.95 and its 200 day simple moving average is $187.87. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The firm has a market cap of $138.33 billion, a price-to-earnings ratio of 128.85, a P/E/G ratio of 4.85 and a beta of 0.98.

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

Analyst Ratings Changes

Several equities analysts recently weighed in on PANW shares. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. UBS Group set a $245.00 price target on Palo Alto Networks in a report on Friday, September 26th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Finally, Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.64.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,314,430 shares of company stock valued at $259,210,094. 2.50% of the stock is owned by company insiders.

Palo Alto Networks 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.