Palo Alto Networks, Inc. $PANW Shares Acquired by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 20.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,516 shares of the network technology company’s stock after purchasing an additional 4,506 shares during the period. Fort Sheridan Advisors LLC’s holdings in Palo Alto Networks were worth $5,399,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Palo Alto Networks during the second quarter valued at approximately $675,865,000. ABN AMRO Bank N.V. bought a new position in Palo Alto Networks in the 2nd quarter worth approximately $340,883,000. Victory Capital Management Inc. raised its stake in Palo Alto Networks by 108.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock valued at $502,263,000 after acquiring an additional 1,282,738 shares in the last quarter. Vanguard Group Inc. raised its stake in Palo Alto Networks by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 65,269,963 shares of the network technology company’s stock valued at $13,290,270,000 after acquiring an additional 1,253,589 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in Palo Alto Networks by 97.9% during the 2nd quarter. California Public Employees Retirement System now owns 2,104,939 shares of the network technology company’s stock worth $430,755,000 after acquiring an additional 1,041,145 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $165.05 on Monday. The stock has a market capitalization of $134.68 billion, a price-to-earnings ratio of 91.19, a PEG ratio of 5.96 and a beta of 0.78. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61. The company has a 50 day moving average price of $171.66 and a 200 day moving average price of $190.19.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The company’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PANW. Mizuho set a $200.00 price target on Palo Alto Networks in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Stifel Nicolaus lowered their target price on shares of Palo Alto Networks from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. HSBC dropped their price target on shares of Palo Alto Networks from $157.00 to $114.00 in a research report on Thursday, February 19th. Finally, Arete Research upgraded shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective for the company in a report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $210.19.

Insider Transactions at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the sale, the executive vice president directly owned 155,119 shares of the company’s stock, valued at $29,190,293.42. This represents a 3.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Josh D. Paul sold 800 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total value of $147,848.00. Following the completion of the transaction, the chief accounting officer owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This trade represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 126,568 shares of company stock valued at $24,159,059 over the last three months. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.