Check Point Software Technologies Ltd. $CHKP Shares Acquired by First Trust Advisors LP

Key Points

• First Trust Advisors LP raised its stake in Check Point by 31.4%, adding 597,413 shares to hold 2,497,275 shares (about 2.27% of the company) worth roughly $516.7 million.
• Check Point beat EPS expectations with $3.40 EPS vs. $2.77 expected while revenue came in at $744.9M (slightly below consensus); the company guided Q1 2026 EPS to 2.350–2.450 and FY 2026 EPS to 10.050–10.850.
• Analyst coverage is mixed: the consensus rating is "Hold" with a $212.40 average price target, based on nine Buy and fourteen Hold ratings.

First Trust Advisors LP grew its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 31.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,497,275 shares of the technology company's stock after acquiring an additional 597,413 shares during the period. First Trust Advisors LP owned about 2.27% of Check Point Software Technologies worth $516,711,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Legacy Investment Solutions LLC purchased a new position in Check Point Software Technologies in the second quarter valued at about $25,000. Louisbourg Investments Inc. purchased a new stake in shares of Check Point Software Technologies in the third quarter worth about $29,000. First Horizon Corp acquired a new stake in shares of Check Point Software Technologies in the third quarter valued at about $38,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at about $42,000. Finally, Richardson Financial Services Inc. raised its holdings in shares of 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 buying an additional 79 shares during the period. Institutional investors and hedge funds own 98.51% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CHKP. BMO Capital Markets lowered 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 research report on Friday, February 13th. Argus raised shares of Check Point Software Technologies to a "hold" rating in a research report on Thursday, February 26th. Citigroup decreased their target price on shares of Check Point Software Technologies from $210.00 to $200.00 and set a "neutral" rating for the company in a research note on Tuesday, January 13th. TD Cowen reaffirmed a "buy" rating on shares of Check Point Software Technologies in a report on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $180.00 price target on shares of Check Point Software Technologies in a research note on Friday, February 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, Check Point Software Technologies currently has an average rating of "Hold" and a consensus target price of $212.40.

Check Point Software Technologies Price Performance

CHKP opened at $165.22 on Friday. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The company's 50-day moving average price is $175.31 and its 200 day moving average price is $187.57. Check Point Software Technologies Ltd. has a fifty-two week low of $150.17 and a fifty-two week high of $234.35. The firm has a market cap of $18.17 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 3.64 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, topping analysts' consensus estimates of $2.77 by $0.63. The firm 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 firm's revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business earned $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, sell-side analysts expect 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).

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