PNC Financial Services Group Inc. Has $15.60 Million Holdings in Check Point Software Technologies Ltd. $CHKP

PNC Financial Services Group Inc. raised its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,398 shares of the technology company’s stock after buying an additional 3,276 shares during the quarter. PNC Financial Services Group Inc. owned 0.07% of Check Point Software Technologies worth $15,601,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CHKP. Legacy Investment Solutions LLC acquired a new position in Check Point Software Technologies during the second quarter worth $25,000. Louisbourg Investments Inc. bought a new position in shares of Check Point Software Technologies in the third quarter worth about $29,000. First Horizon Corp bought a new position in Check Point Software Technologies in the 3rd quarter worth approximately $38,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Check Point Software Technologies during the third quarter valued at $42,000. Finally, Richardson Financial Services Inc. lifted its position in Check Point Software Technologies by 63.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 204 shares of the technology company’s stock valued at $42,000 after purchasing an additional 79 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CHKP shares. Wedbush reduced their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Stephens decreased their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating for the company in a research report on Friday. UBS Group set a $200.00 price target on Check Point Software Technologies in a research note on Thursday, February 12th. BMO Capital Markets reduced their price objective on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Finally, Morgan Stanley set a $197.00 price objective on shares of Check Point Software Technologies in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $214.80.

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $165.02 on Wednesday. The company has a market cap of $18.15 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 2.77 and a beta of 0.58. The firm has a 50-day moving average of $183.71 and a 200-day moving average of $190.21. Check Point Software Technologies Ltd. has a one year low of $161.00 and a one year high of $234.35. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.19.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.63. The business had revenue of $744.90 million during the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, equities analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Check Point Software Technologies Company 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).