Palo Alto Networks, Inc. $PANW Shares Acquired by Osborne Partners Capital Management LLC

Key Points

• Osborne Partners Capital Management increased its Palo Alto Networks stake by 30% in the first quarter, buying 32,501 additional shares and bringing its total holdings to 140,725 shares valued at about $22.6 million.
• Wall Street remains bullish on PANW, with analysts issuing mostly Buy ratings and lifting price targets; the consensus rating is Moderate Buy with an average target price of $316.15.
• Palo Alto Networks posted strong quarterly results, beating EPS and revenue expectations with $0.85 EPS on $3 billion in revenue, while also raising FY2026 guidance and seeing the stock trade near its 52-week high.

Osborne Partners Capital Management LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 30.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,725 shares of the network technology company's stock after purchasing an additional 32,501 shares during the period. Palo Alto Networks accounts for about 1.2% of Osborne Partners Capital Management LLC's investment portfolio, making the stock its 21st largest holding. Osborne Partners Capital Management LLC's holdings in Palo Alto Networks were worth $22,561,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Palo Alto Networks during the 4th quarter valued at $1,415,364,000. Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock valued at $12,512,533,000 after buying an additional 2,659,100 shares during the period. Bank of America Corp DE boosted its stake in 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 valued at $3,568,964,000 after buying an additional 2,065,776 shares in the last quarter. Employees Provident Fund Board bought a new position in Palo Alto Networks during the fourth quarter valued at about $281,542,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Palo Alto Networks during the fourth quarter worth about $164,968,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. BNP Paribas Exane lifted their price objective on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an "outperform" rating in a research note on Wednesday. Loop Capital boosted their target price on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a "hold" rating in a report on Wednesday, June 3rd. TD Cowen reissued a "buy" rating and set a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, BTIG Research lifted their price target on shares of Palo Alto Networks from $333.00 to $380.00 and gave the stock a "buy" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $316.15.

Palo Alto Networks Stock Performance

Shares of PANW opened at $348.06 on Friday. The business's 50-day moving average price is $258.43 and its 200 day moving average price is $201.39. The stock has a market capitalization of $283.67 billion, a P/E ratio of 285.30, a P/E/G ratio of 12.92 and a beta of 0.91. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $358.10. 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 (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the previous year, the company earned $0.37 EPS. The business's revenue for the quarter 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. Analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president owned 145,250 shares of the company's stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 102,111 shares of company stock valued at $27,204,024 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

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.

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