M&T Bank Corp grew its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 1,907.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,271 shares of the technology company’s stock after acquiring an additional 78,173 shares during the quarter. M&T Bank Corp owned about 0.07% of Check Point Software Technologies worth $15,266,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Check Point Software Technologies in the 3rd quarter valued at $27,000. Ossiam increased its holdings in shares of Check Point Software Technologies by 139.1% in the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 96 shares during the period. First Horizon Corp purchased a new position in shares of Check Point Software Technologies in the 3rd quarter valued at $38,000. Sunbelt Securities Inc. purchased a new position in shares of Check Point Software Technologies in the 3rd quarter worth approximately $38,000. Finally, Hilltop National Bank purchased a new position in shares of Check Point Software Technologies in the 4th quarter worth approximately $36,000. 98.51% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the stock. Truist Financial set a $225.00 price objective on shares of Check Point Software Technologies in a research report on Tuesday, January 20th. UBS Group set a $175.00 price objective on shares of Check Point Software Technologies in a research report on Tuesday. Wells Fargo & Company assumed coverage on shares of Check Point Software Technologies in a research report on Tuesday, March 3rd. They issued an “equal weight” rating and a $165.00 price objective on the stock. TD Cowen reaffirmed a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $180.00 price objective on shares of Check Point Software Technologies in a research report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and a consensus price target of $201.59.
Check Point Software Technologies Stock Down 5.5%
Shares of CHKP stock opened at $133.82 on Friday. Check Point Software Technologies Ltd. has a 1-year low of $130.93 and a 1-year high of $233.78. The stock’s fifty day moving average price is $150.28 and its 200 day moving average price is $175.66. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 3.13 and a beta of 0.65.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.63. The company had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. Check Point Software Technologies’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.70 EPS. 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. On average, research analysts expect that Check Point Software Technologies Ltd. will post 8.58 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).
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