Intech Investment Management LLC Decreases Stake in Check Point Software Technologies Ltd. $CHKP

Intech Investment Management LLC lowered its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 28.3% during the fourth quarter, HoldingsChannel reports. The firm owned 61,185 shares of the technology company’s stock after selling 24,152 shares during the period. Intech Investment Management LLC’s holdings in Check Point Software Technologies were worth $11,353,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Penserra Capital Management LLC raised its holdings in shares of Check Point Software Technologies by 14.1% during the 3rd quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after acquiring an additional 57,817 shares during the period. Nordea Investment Management AB increased its position in shares of Check Point Software Technologies by 3.3% during the 4th quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock worth $205,827,000 after purchasing an additional 35,448 shares during the last quarter. M&G PLC grew its position in Check Point Software Technologies by 48.8% in the 3rd quarter. M&G PLC now owns 119,834 shares of the technology company’s stock valued at $24,806,000 after acquiring an additional 39,292 shares in the last quarter. Phoenix Financial Ltd. acquired a new position in Check Point Software Technologies in the 4th quarter valued at about $30,202,000. Finally, Massachusetts Financial Services Co. MA grew its position in Check Point Software Technologies by 28.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after acquiring an additional 1,766,774 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Up 2.8%

Check Point Software Technologies stock opened at $135.05 on Friday. 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 firm has a market capitalization of $14.26 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 3.87 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. The stock’s fifty day moving average is $134.74 and its two-hundred day moving average is $163.84.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.21 earnings per share. 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. Analysts predict that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CHKP. Cantor Fitzgerald lowered their price objective on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. UBS Group decreased their target price on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Mizuho set a $135.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Stifel Nicolaus set a $120.00 target price on Check Point Software Technologies in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. dropped their target price on Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average 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).