Earnest Partners LLC Sells 7,664 Shares of Check Point Software Technologies Ltd. $CHKP

Key Points

• Earnest Partners reduced its stake in Check Point by 1.1%, selling 7,664 shares and ending the quarter with 703,046 shares valued at about $145.47 million; institutional investors own 98.51% of the stock.
• Quarterly results: Check Point reported $3.40 EPS (vs. $2.77 est.), a slight revenue miss at $744.9M (vs. $746.4M), and set Q1 2026 guidance of 2.35–2.45 EPS and FY2026 guidance of 10.05–10.85 EPS.
• Shares opened at $153.65 (down ~1.4%) and trade near their 52-week low; analysts’ consensus rating is Hold with a target price of $212.40 after several recent price-target cuts.

Earnest Partners LLC decreased its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 703,046 shares of the technology company's stock after selling 7,664 shares during the quarter. Earnest Partners LLC owned 0.64% of Check Point Software Technologies worth $145,467,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. HUB Investment Partners LLC lifted its holdings in shares of Check Point Software Technologies by 1.5% in the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company's stock valued at $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its position in shares of Check Point Software Technologies by 3.6% during the third quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company's stock valued at $313,000 after buying an additional 53 shares during the last quarter. Trust Point Inc. grew its holdings in Check Point Software Technologies by 2.3% during the third quarter. Trust Point Inc. now owns 2,420 shares of the technology company's stock worth $501,000 after buying an additional 54 shares in the last quarter. Philip James Wealth Mangement LLC raised its position in Check Point Software Technologies by 1.1% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company's stock valued at $989,000 after buying an additional 54 shares during the last quarter. Finally, Horizon Investments LLC lifted its stake in Check Point Software Technologies by 28.9% during the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company's stock valued at $50,000 after acquiring an additional 54 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company's stock.

Check Point Software Technologies Stock Down 1.4%

Shares of NASDAQ:CHKP opened at $153.65 on Friday. Check Point Software Technologies Ltd. has a 1 year low of $150.17 and a 1 year high of $234.35. The company has a market capitalization of $16.90 billion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 3.40 and a beta of 0.63. The business has a fifty day moving average price of $172.38 and a two-hundred day moving average price of $186.44. 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 - Get Free Report) last released its earnings results 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 company had revenue of $744.90 million for the quarter, compared to analysts' expectations of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business 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. Analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CHKP shares. BMO Capital Markets cut 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 report on Friday, February 13th. Royal Bank Of Canada dropped their price target on shares of Check Point Software Technologies from $215.00 to $195.00 and set a "sector perform" rating on the stock in a research report on Monday, January 5th. Wedbush cut their price target on shares of Check Point Software Technologies from $240.00 to $210.00 and set an "outperform" rating on the stock in a report on Friday, February 13th. UBS Group set a $200.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, February 12th. Finally, Scotiabank decreased their price objective on shares of Check Point Software Technologies from $195.00 to $180.00 and set a "sector perform" rating for the company in a research note on Friday, February 13th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $212.40.

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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