Evelyn Partners Investment Management Services Ltd Raises Stock Position in Palo Alto Networks, Inc. $PANW

Evelyn Partners Investment Management Services Ltd lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1,052.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,541 shares of the network technology company’s stock after acquiring an additional 13,279 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Palo Alto Networks were worth $2,976,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PANW. Evelyn Partners Investment Management LLP boosted its holdings in shares of Palo Alto Networks by 3,969.6% in the second quarter. Evelyn Partners Investment Management LLP now owns 25,679 shares of the network technology company’s stock valued at $5,255,000 after purchasing an additional 25,048 shares during the period. Sfmg LLC boosted its position in shares of Palo Alto Networks by 1.7% during the 2nd quarter. Sfmg LLC now owns 34,188 shares of the network technology company’s stock valued at $6,996,000 after purchasing an additional 556 shares in the last quarter. Journey Strategic Wealth LLC grew its stake in Palo Alto Networks by 19.0% in the second quarter. Journey Strategic Wealth LLC now owns 8,329 shares of the network technology company’s stock valued at $1,704,000 after purchasing an additional 1,331 shares in the last quarter. Archer Investment Corp lifted its position in shares of Palo Alto Networks by 732.4% in the 2nd quarter. Archer Investment Corp now owns 1,698 shares of the network technology company’s stock worth $347,000 after acquiring an additional 1,494 shares during the period. Finally, Mediolanum International Funds Ltd boosted its position in shares of Palo Alto Networks by 5.9% during the 2nd quarter. Mediolanum International Funds Ltd now owns 20,960 shares of the network technology company’s stock valued at $4,204,000 after acquiring an additional 1,177 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.2%

NASDAQ PANW opened at $182.90 on Friday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61. The firm has a market cap of $125.10 billion, a P/E ratio of 115.76, a price-to-earnings-growth ratio of 4.39 and a beta of 0.95. The company’s 50 day moving average is $208.77 and its 200-day moving average is $197.31.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.56 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. Equities analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on PANW. Royal Bank Of Canada boosted their price objective on Palo Alto Networks from $232.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Rosenblatt Securities lifted their price objective on Palo Alto Networks from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday. Barclays lifted their target price on Palo Alto Networks from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Citigroup restated an “outperform” rating on shares of Palo Alto Networks in a report on Monday, October 27th. Finally, Wedbush restated an “outperform” rating and set a $225.00 target price on shares of Palo Alto Networks in a report on Thursday. Thirty analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $225.09.

Insider Buying and Selling

In other news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president directly owned 177,954 shares in the company, valued at $34,008,788.94. This trade represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,215,130 shares of company stock worth $249,031,488 in the last 90 days. 1.40% 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.