DNB Asset Management AS Boosts Holdings in Check Point Software Technologies Ltd. $CHKP

DNB Asset Management AS grew its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 47.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 887,854 shares of the technology company’s stock after acquiring an additional 285,275 shares during the quarter. Check Point Software Technologies comprises about 0.7% of DNB Asset Management AS’s portfolio, making the stock its 23rd largest position. DNB Asset Management AS owned 0.81% of Check Point Software Technologies worth $183,706,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CHKP. AQR Capital Management LLC purchased a new stake in Check Point Software Technologies in the 1st quarter worth about $262,000. Nisa Investment Advisors LLC boosted its position in shares of Check Point Software Technologies by 39.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,531 shares of the technology company’s stock valued at $339,000 after buying an additional 434 shares during the period. Daymark Wealth Partners LLC grew its stake in shares of Check Point Software Technologies by 230.7% during the second quarter. Daymark Wealth Partners LLC now owns 6,557 shares of the technology company’s stock valued at $1,451,000 after buying an additional 4,574 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Check Point Software Technologies by 124.3% in the second quarter. Assetmark Inc. now owns 162,846 shares of the technology company’s stock worth $36,030,000 after buying an additional 90,247 shares during the period. Finally, Savvy Advisors Inc. bought a new stake in shares of Check Point Software Technologies during the 2nd quarter worth approximately $231,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Barclays cut their price objective on Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Weiss Ratings raised shares of Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, October 30th. UBS Group set a $200.00 price target on shares of Check Point Software Technologies in a report on Thursday, February 12th. Wedbush decreased their price objective on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Finally, BMO Capital Markets decreased their price target on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $214.80.

Check Point Software Technologies Trading Up 1.3%

NASDAQ CHKP opened at $154.80 on Friday. Check Point Software Technologies Ltd. has a one year low of $150.17 and a one year high of $234.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The company has a market capitalization of $17.02 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 3.39 and a beta of 0.58. The company’s 50-day simple moving average is $178.87 and its two-hundred day simple moving average is $188.67.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. The firm 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%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $2.70 earnings per share. 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. Equities analysts forecast that Check Point Software Technologies Ltd. will post 8.61 EPS 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).