The Manufacturers Life Insurance Company Decreases Position in Palo Alto Networks, Inc. $PANW

Posted by Brian Himes on Sep 11th, 2026

The Manufacturers Life Insurance Company decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 14.7% during the 2nd quarter, Holdings Channel reports. The firm owned 753,622 shares of the network technology company’s stock after selling 129,797 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Palo Alto Networks were worth $256,985,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PANW. Solstein Capital LLC purchased a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $26,000. N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at about $27,000. Delos Wealth Advisors LLC acquired a new position in Palo Alto Networks during the second quarter worth about $28,000. Principia Wealth Advisory LLC raised its position in Palo Alto Networks by 125.0% during the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock worth $28,000 after acquiring an additional 45 shares during the last quarter. Finally, EMC Capital Management purchased a new stake in shares of Palo Alto Networks in the second quarter valued at about $34,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $338.49 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 0.87. The firm has a market capitalization of $275.87 billion, a price-to-earnings ratio of 663.72, a price-to-earnings-growth ratio of 9.76 and a beta of 0.91. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $398.88. The company has a 50 day moving average price of $349.60 and a 200 day moving average price of $260.57.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.04. The company had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The business’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 EPS. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.28 EPS for the current year.

Insider Transactions at Palo Alto Networks

In other news, Director Helle Thorning-Schmidt sold 700 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the transaction, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the transaction, the director directly owned 6,437 shares in the company, valued at $2,244,839.38. This represents a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,667 shares of company stock valued at $3,058,443. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of several research reports. Arete Research increased their price target on shares of Palo Alto Networks from $185.00 to $433.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Mizuho set a $415.00 target price on Palo Alto Networks and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Barclays reiterated an “overweight” rating and set a $375.00 target price (up from $370.00) on shares of Palo Alto Networks in a report on Wednesday, September 2nd. TD Cowen reissued a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, September 2nd. Finally, Stephens set a $400.00 target price on shares of Palo Alto Networks and gave the company an “equal weight” rating in a research note on Wednesday, September 2nd. Thirty-nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $386.32.

Check Out Our Latest Report on Palo Alto Networks

About Palo Alto Networks

(Free Report)

Palo Alto Networks, Inc is a cybersecurity company that provides security products and services to businesses, governments and other organizations worldwide. The company helps customers protect networks, cloud environments, endpoints, applications and connected devices from cyber threats.

Its portfolio includes next-generation firewalls and network security technologies, as well as cloud-delivered security solutions such as Prisma Access and Prisma Cloud. Palo Alto Networks also offers Cortex products for endpoint protection, security operations, threat detection and response, and automation.