Mitsubishi UFJ Asset Management Co. Ltd. Takes $713.01 Million Position in Palo Alto Networks, Inc. $PANW

Key Points

• Mitsubishi UFJ Asset Management acquired 2.09 million Palo Alto Networks shares worth approximately $713 million, giving it a 0.26% stake. Hedge funds and institutional investors collectively own 79.82% of PANW.
• Palo Alto Networks exceeded quarterly expectations with $0.85 EPS versus $0.79 expected and $3 billion in revenue, up 31.1% year over year. The company issued fiscal 2026 EPS guidance of $3.77–$3.79.
• Analysts maintain a favorable outlook, with the stock receiving a “Moderate Buy” consensus rating and a $339.61 average price target, although recent insider transactions included $27.2 million in stock sales.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,090,819 shares of the network technology company's stock, valued at approximately $713,011,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.26% of Palo Alto Networks as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the second quarter valued at about $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks in the fourth quarter worth $26,000. Sittner & Nelson LLC grew its holdings in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock valued at $27,000 after buying an additional 62 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the second quarter valued at approximately $27,000. Finally, Luken Investment Analytics LLC grew its position in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock valued at $28,000 after purchasing an additional 102 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $384.27 on Monday. The firm has a market capitalization of $313.18 billion, a PE ratio of 314.98, a price-to-earnings-growth ratio of 12.89 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The business's 50-day moving average price is $328.02 and its 200-day moving average price is $235.70.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks's quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS. 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. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

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, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company's stock, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aparna Bawa sold 290 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the transaction, the director directly owned 6,437 shares in the company, valued at approximately $2,244,839.38. This represents a 4.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 101,239 shares of company stock worth $27,174,360. Corporate insiders own 1.40% of the company's stock.

Analyst Ratings Changes

PANW has been the topic of a number of recent analyst reports. Susquehanna reiterated a "positive" rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. BNP Paribas Exane raised their price target on Palo Alto Networks from $330.00 to $380.00 and gave the company an "outperform" rating in a report on Wednesday, July 1st. FBN Securities reissued an "outperform" rating on shares of Palo Alto Networks in a report on Wednesday, July 1st. Scotiabank reaffirmed a "sector outperform" rating and issued a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Capital One Financial set a $421.00 target price on shares of Palo Alto Networks and gave the company an "overweight" rating in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $339.61.

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.

Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source