ASR Vermogensbeheer N.V. Has $4.91 Million Holdings in Check Point Software Technologies Ltd. $CHKP

Key Points

• ASR Vermogensbeheer N.V. increased its holdings in Check Point Software Technologies by 22.0% during Q2, owning 22,177 shares valued at approximately $4.91 million.
• Check Point Software Technologies reported a quarterly earnings per share (EPS) of $2.37, surpassing expectations, with revenue increasing by 6.0% year-over-year.
• Institutional investors now hold 98.51% of Check Point Software Technologies' stock, reflecting strong interest from large financial entities.

ASR Vermogensbeheer N.V. increased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 22.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,177 shares of the technology company's stock after buying an additional 4,000 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Check Point Software Technologies were worth $4,907,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CHKP. Victory Capital Management Inc. increased its stake in shares of Check Point Software Technologies by 2,704.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,304,551 shares of the technology company's stock worth $297,333,000 after purchasing an additional 1,258,034 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Check Point Software Technologies by 737.5% during the 1st quarter. Invesco Ltd. now owns 982,986 shares of the technology company's stock valued at $224,042,000 after acquiring an additional 865,608 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Check Point Software Technologies by 5,396.1% during the 1st quarter. Bessemer Group Inc. now owns 658,485 shares of the technology company's stock valued at $150,081,000 after acquiring an additional 646,504 shares during the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Check Point Software Technologies by 214.6% during the 1st quarter. Westfield Capital Management Co. LP now owns 864,717 shares of the technology company's stock valued at $197,086,000 after acquiring an additional 589,816 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Check Point Software Technologies by 43.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,483,714 shares of the technology company's stock valued at $338,168,000 after acquiring an additional 450,099 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company's stock.

Check Point Software Technologies Stock Down 1.7%

Shares of CHKP opened at $201.57 on Friday. Check Point Software Technologies Ltd. has a 12-month low of $169.01 and a 12-month high of $234.35. The firm has a market capitalization of $22.17 billion, a price-to-earnings ratio of 26.25, a P/E/G ratio of 3.08 and a beta of 0.60. The stock's 50-day moving average price is $194.37 and its 200 day moving average price is $211.82.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.01. Check Point Software Technologies had a return on equity of 33.21% and a net margin of 32.48%.The firm had revenue of $665.20 million for the quarter, compared to analyst estimates of $663.10 million. During the same period in the previous year, the company posted $2.17 earnings per share. The company's quarterly revenue was up 6.0% compared to the same quarter last year. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Equities research analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

Analyst Ratings Changes

CHKP has been the topic of several analyst reports. Citigroup lowered their price target on Check Point Software Technologies from $230.00 to $200.00 and set a "neutral" rating on the stock in a report on Monday, August 18th. JPMorgan Chase & Co. lowered their target price on shares of Check Point Software Technologies from $257.00 to $251.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 24th. Scotiabank lowered their target price on shares of Check Point Software Technologies from $240.00 to $220.00 and set a "sector outperform" rating on the stock in a research note on Thursday, July 31st. Mizuho raised their price target on Check Point Software Technologies from $230.00 to $240.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. Finally, Royal Bank Of Canada lowered their price target on Check Point Software Technologies from $224.00 to $207.00 and set a "sector perform" rating on the stock in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $227.42.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.

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