Trillium Asset Management LLC Makes New Investment in Palo Alto Networks, Inc. $PANW

Trillium Asset Management LLC bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 287,388 shares of the network technology company’s stock, valued at approximately $98,006,000. Palo Alto Networks accounts for approximately 3.0% of Trillium Asset Management LLC’s holdings, making the stock its 5th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after acquiring an additional 53,485 shares during the last quarter. Aviva PLC grew its position in shares of Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after acquiring an additional 29,230 shares during the period. B&D White Capital Company LLC acquired a new position in shares of Palo Alto Networks during the 1st quarter worth about $353,000. Bridgewater Advisors Inc. acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth about $2,159,000. Finally, Granite Islands Private Wealth LLC raised its holdings in shares of Palo Alto Networks by 43.6% in the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock valued at $2,453,000 after purchasing an additional 4,659 shares during the period. 79.82% of the stock is owned by institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This represents a 3.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,935 shares of company stock worth $10,809,461 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PANW shares. DA Davidson raised their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. boosted their price target on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Benchmark upped their price objective on Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Argus set a $425.00 price objective on Palo Alto Networks in a research report on Tuesday, July 21st. Finally, Capital One Financial set a $421.00 target price on Palo Alto Networks and gave the stock an “overweight” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $362.67.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: AI security initiative expands growth opportunities. Palo Alto Networks launched the Frontier AI Critical Defense Program with technology partners to protect critical infrastructure from AI-driven exploits and vulnerabilities. The initiative could strengthen PANW’s position in the emerging AI-security market and support demand from government and enterprise customers. Palo Alto Networks Introduces Frontier AI Critical Defense Program
• Positive Sentiment: Analyst remains bullish. Cantor Fitzgerald raised its price target to $425 from $340 and maintained an “overweight” rating, citing potential for continued appreciation. The higher target signals confidence in PANW’s growth prospects despite recent volatility. Palo Alto Networks Price Target Raised by Cantor Fitzgerald
• Positive Sentiment: Enterprise AI adoption may drive sales. Palo Alto Networks is positioning its network, identity, AI and security-operations products to benefit as businesses deploy more artificial intelligence. This could help PANW compete more effectively with CrowdStrike and Zscaler. Can Strong Enterprise AI Adoption Help PANW Challenge CrowdStrike and Zscaler?
• Neutral Sentiment: Recent coverage from TD Cowen and other outlets remains constructive on PANW’s long-term appreciation potential, but provides limited new operating information. TD Cowen Forecasts Strong Price Appreciation for Palo Alto Networks
• Negative Sentiment: Cybersecurity-sector selling is weighing on PANW. Palo Alto Networks declined even as the broader market improved, while CrowdStrike also sold off sharply. The synchronized weakness suggests investors are reducing exposure to cybersecurity stocks or taking profits, overshadowing bullish analyst commentary. CrowdStrike and Palo Alto Networks Stock Declines

Palo Alto Networks Stock Down 2.8%

Palo Alto Networks stock opened at $349.56 on Friday. The company’s 50-day moving average price is $335.81 and its two-hundred day moving average price is $240.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock has a market cap of $284.89 billion, a P/E ratio of 286.52, a P/E/G ratio of 12.08 and a beta of 0.91. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the company posted $0.37 earnings per share. The business’s revenue was up 31.1% on a year-over-year basis. 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, analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

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.