Lombard Odier Asset Management Europe Ltd Has $12.23 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Lombard Odier Asset Management Europe Ltd increased its Palo Alto Networks stake by 5.6% in the first quarter, buying 4,024 additional shares and lifting its position to 76,315 shares worth about $12.23 million.
• Institutional ownership remains very heavy, with hedge funds and other institutions holding 79.82% of Palo Alto Networks shares. Several large investors, including Norges Bank and Vanguard, also recently expanded or initiated positions.
• Analysts are broadly bullish on PANW after strong quarterly results, which topped estimates on both earnings and revenue. The stock carries a Moderate Buy consensus rating and an average price target of $331.48.

Lombard Odier Asset Management Europe Ltd grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 5.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,315 shares of the network technology company's stock after buying an additional 4,024 shares during the period. Lombard Odier Asset Management Europe Ltd's holdings in Palo Alto Networks were worth $12,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Palo Alto Networks in the 4th quarter worth about $1,415,364,000. Vanguard Group Inc. grew its position in shares of Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Palo Alto Networks by 1,665.1% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company's stock worth $442,788,000 after purchasing an additional 2,605,433 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Palo Alto Networks by 11.9% during the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company's stock worth $3,568,964,000 after purchasing an additional 2,065,776 shares during the period. Finally, Employees Provident Fund Board acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at approximately $281,542,000. Institutional investors and hedge funds own 79.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PANW shares. DA Davidson boosted their price target on Palo Alto Networks from $190.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. Citigroup reaffirmed a "buy" rating and issued a $400.00 price objective (up from $340.00) on shares of Palo Alto Networks in a report on Monday, July 13th. Susquehanna reiterated a "positive" rating and set a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 target price on Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Rosenblatt Securities raised their price target on Palo Alto Networks from $275.00 to $355.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Palo Alto Networks has an average rating of "Moderate Buy" and a consensus target price of $331.48.

Palo Alto Networks Stock Down 0.6%

Shares of PANW opened at $323.79 on Friday. The firm has a 50 day simple moving average of $300.79 and a two-hundred day simple moving average of $217.58. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $368.80. The company has a market cap of $263.89 billion, a P/E ratio of 265.40, a P/E/G ratio of 12.02 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the business posted $0.37 EPS. The company's revenue was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares of the company's stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 900 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares of the company's stock, valued at $27,477,180. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 101,239 shares of company stock valued at $27,174,360 over the last ninety days. 1.40% of the stock is owned by insiders.

Palo Alto Networks Company 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.

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