Thrivent Financial for Lutherans Increases Position in Check Point Software Technologies Ltd. $CHKP

Thrivent Financial for Lutherans boosted its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 118,875 shares of the technology company’s stock after acquiring an additional 7,523 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Check Point Software Technologies were worth $22,059,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of Check Point Software Technologies during the first quarter worth about $262,000. EverSource Wealth Advisors LLC increased its stake in shares of Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares during the period. Squarepoint Ops LLC increased its stake in shares of Check Point Software Technologies by 20.9% during the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Check Point Software Technologies by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after buying an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC raised its stake in shares of Check Point Software Technologies by 17.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after buying an additional 317 shares in the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $124.03 on Monday. The stock has a fifty day moving average of $140.03 and a two-hundred day moving average of $168.29. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $13.10 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 3.65 and a beta of 0.43. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. During the same period in the prior year, the firm posted $2.21 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. As a group, analysts forecast that Check Point Software Technologies Ltd. will post 8.49 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CHKP shares. Wedbush reduced their target price on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Stephens reissued an “overweight” rating and issued a $145.00 target price on shares of Check Point Software Technologies in a report on Thursday, April 30th. Truist Financial set a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $180.00 price objective on shares of Check Point Software Technologies in a report on Friday, February 13th. Finally, Robert W. Baird set a $220.00 price objective on shares of Check Point Software Technologies in a report on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $146.50.

Check Point Software Technologies Profile

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).