Martin Investment Management LLC Cuts Stock Holdings in Check Point Software Technologies Ltd. $CHKP

Martin Investment Management LLC cut its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,966 shares of the technology company’s stock after selling 4,121 shares during the period. Check Point Software Technologies accounts for 6.1% of Martin Investment Management LLC’s portfolio, making the stock its 5th largest holding. Martin Investment Management LLC’s holdings in Check Point Software Technologies were worth $23,560,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CHKP. Massachusetts Financial Services Co. MA lifted its position in Check Point Software Technologies by 28.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after acquiring an additional 1,766,774 shares during the last quarter. Norges Bank bought a new position in shares of Check Point Software Technologies during the fourth quarter worth approximately $731,276,000. First Trust Advisors LP increased its stake in shares of Check Point Software Technologies by 31.4% during the third quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock worth $516,711,000 after purchasing an additional 597,413 shares during the period. Ameriprise Financial Inc. lifted its holdings in Check Point Software Technologies by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock worth $449,274,000 after purchasing an additional 170,075 shares during the last quarter. Finally, DNB Asset Management AS grew its holdings in Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock valued at $337,782,000 after buying an additional 932,485 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $139.05 on Tuesday. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $233.78. The business’s fifty day moving average is $134.43 and its 200 day moving average is $163.11. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The stock has a market cap of $14.68 billion, a P/E ratio of 14.28, a P/E/G ratio of 3.98 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $672.55 million. During the same period last year, the business earned $2.21 EPS. Check Point Software Technologies’s quarterly revenue was up 4.8% compared to the same quarter last year. 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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Compass Point set a $120.00 target price on shares of Check Point Software Technologies in a research report on Monday, May 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $160.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Bank of America cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price for the company. in a report on Monday, May 4th. 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. Finally, Evercore set a $185.00 price objective on Check Point Software Technologies in a research note on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $146.50.

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).