Schroder Investment Management Group Has $139.14 Million Stock Position in Check Point Software Technologies Ltd. $CHKP

Schroder Investment Management Group boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2,413.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 628,858 shares of the technology company’s stock after acquiring an additional 603,836 shares during the period. Schroder Investment Management Group’s holdings in Check Point Software Technologies were worth $139,135,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Check Point Software Technologies in the 2nd quarter worth $714,801,000. Invesco Ltd. raised its holdings in Check Point Software Technologies by 737.5% during the first quarter. Invesco Ltd. now owns 982,986 shares of the technology company’s stock worth $224,042,000 after buying an additional 865,608 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in shares of Check Point Software Technologies by 214.6% in the first quarter. Westfield Capital Management Co. LP now owns 864,717 shares of the technology company’s stock valued at $197,086,000 after buying an additional 589,816 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Check Point Software Technologies by 43.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,483,714 shares of the technology company’s stock valued at $338,168,000 after buying an additional 450,099 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Check Point Software Technologies by 28.1% during the first quarter. Ameriprise Financial Inc. now owns 1,830,874 shares of the technology company’s stock worth $417,280,000 after acquiring an additional 401,150 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Trading Up 3.9%

CHKP stock opened at $191.50 on Friday. The stock has a market cap of $21.06 billion, a P/E ratio of 20.97, a P/E/G ratio of 2.97 and a beta of 0.58. The stock’s fifty day simple moving average is $196.04 and its two-hundred day simple moving average is $204.72. Check Point Software Technologies Ltd. has a 1-year low of $178.64 and a 1-year high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $1.49. The firm had revenue of $677.50 million during the quarter, compared to analyst estimates of $673.60 million. Check Point Software Technologies had a return on equity of 37.91% and a net margin of 37.62%.The business’s revenue was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $2.25 EPS. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS. Q4 2025 guidance at 2.700-2.800 EPS. As a group, analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on CHKP. BMO Capital Markets raised their price target on shares of Check Point Software Technologies from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Stifel Nicolaus set a $211.00 target price on Check Point Software Technologies in a report on Tuesday, October 28th. Morgan Stanley set a $212.00 price target on Check Point Software Technologies in a report on Wednesday, October 29th. Barclays increased their price target on Check Point Software Technologies from $220.00 to $235.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Finally, Royal Bank Of Canada lifted their price objective on shares of Check Point Software Technologies from $207.00 to $215.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Check Point Software Technologies presently has an average rating of “Hold” and an average target price of $230.48.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.