Swiss National Bank Cuts Stock Holdings in Check Point Software Technologies Ltd. $CHKP

Key Points

• Swiss National Bank reduced its stake in Check Point by 5.2% in Q3, selling 14,200 shares to hold 259,100 shares (about 0.24% of the company) valued at $53.61 million.
• Major institutional moves include Norges Bank establishing a new position worth ~$714.8 million and Massachusetts Financial Services boosting its stake to 6,170,455 shares (~$1.277 billion); overall institutional ownership is ~98.51%.
• Analysts carry a consensus "Hold" rating with a $212.40 target; Check Point recently beat EPS estimates ($3.40 vs. $2.77) and issued FY2026 guidance of 10.05–10.85 EPS.

Swiss National Bank lessened its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 259,100 shares of the technology company's stock after selling 14,200 shares during the quarter. Swiss National Bank owned about 0.24% of Check Point Software Technologies worth $53,610,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Check Point Software Technologies in the 2nd quarter worth $714,801,000. Massachusetts Financial Services Co. MA grew its position in Check Point Software Technologies by 27.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company's stock valued at $1,276,729,000 after acquiring an additional 1,317,167 shares during the period. Schroder Investment Management Group increased its stake in Check Point Software Technologies by 2,413.2% during the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company's stock worth $139,135,000 after acquiring an additional 603,836 shares during the last quarter. First Trust Advisors LP increased its stake in Check Point Software Technologies by 31.4% during the third quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company's stock worth $516,711,000 after acquiring an additional 597,413 shares during the last quarter. Finally, Sound Shore Management Inc CT purchased a new position in shares of Check Point Software Technologies in the 3rd quarter worth about $73,104,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CHKP shares. Argus raised Check Point Software Technologies to a "hold" rating in a research note on Thursday, February 26th. Wells Fargo & Company began coverage on shares of Check Point Software Technologies in a report on Tuesday, March 3rd. They issued an "equal weight" rating and a $165.00 price target on the stock. Wedbush reduced 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 research report on Friday, February 13th. Stephens decreased their price objective on shares of Check Point Software Technologies from $240.00 to $210.00 and set an "overweight" rating for the company in a research note on Friday, February 13th. Finally, TD Cowen reissued a "buy" rating on shares of Check Point Software Technologies in a research report on Thursday, February 19th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $212.40.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $154.04 on Thursday. 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 Ltd. has a 1-year low of $150.17 and a 1-year high of $234.35. The company has a market capitalization of $16.94 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 3.48 and a beta of 0.63. The business has a 50-day moving average of $173.52 and a 200-day moving average of $186.90.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last announced its earnings results on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, beating the consensus estimate of $2.77 by $0.63. The business had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company's revenue was up 5.9% on a year-over-year basis. During the same period last 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. On average, equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

About Check Point Software Technologies

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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