Roman Butler Fullerton & Co. Acquires New Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Roman Butler Fullerton & Co. acquired 8,227 Palo Alto Networks shares during the second quarter, valued at approximately $2.7 million. Institutional investors and hedge funds collectively own 79.82% of PANW.
• Palo Alto Networks exceeded quarterly expectations, reporting $0.85 in EPS versus the $0.79 consensus and $3 billion in revenue, up 31.1% year over year. The company issued fiscal 2026 EPS guidance of $3.77–$3.79.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and a $339.61 average price target, although insiders sold 101,239 shares worth about $27.2 million over the past three months.

Roman Butler Fullerton & Co. bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,227 shares of the network technology company's stock, valued at approximately $2,717,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PANW. N.E.W. Advisory Services LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth $27,000. Allied Private Wealth LLC acquired a new position in Palo Alto Networks in the second quarter valued at about $38,000. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the second quarter worth about $25,000. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks during the fourth quarter worth about $26,000. Finally, Sittner & Nelson LLC raised its position in shares of Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock worth $27,000 after purchasing an additional 62 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the business's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares of the company's stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the company's stock in a transaction that occurred on 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 sale, the director owned 20,000 shares in the company, valued at $5,598,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last three months. Corporate insiders own 1.40% of the company's stock.

Palo Alto Networks Stock Performance

PANW opened at $384.27 on Monday. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The firm has a market capitalization of $313.18 billion, a PE ratio of 314.98, a PEG ratio of 12.89 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The business's 50-day simple moving average is $328.02 and its 200 day simple moving average is $235.70.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 net margin of 7.95% and a return on equity of 10.53%. The company's quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the company an "outperform" rating in a research report on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 price target on shares of Palo Alto Networks and gave the company an "overweight" rating in a research note on Wednesday, June 3rd. Guggenheim cut shares of Palo Alto Networks from a "neutral" rating to a "reduce" rating in a report on Wednesday, May 27th. Arete Research increased their price objective on shares of Palo Alto Networks from $185.00 to $433.00 and gave the stock a "buy" rating in a research report on Monday, June 29th. Finally, BNP Paribas Exane raised their price objective on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks presently has an average rating of "Moderate Buy" and a consensus target price of $339.61.

About Palo Alto Networks

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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